The Socio-Economic Rights and Accountability Project has requested the World Bank to publish documents on the spending of loan funds approved to improve electricity in Nigeria between 1999 and 2020.
SERAP said this in a statement issued on Sunday in reaction to the approval of $500 Million for the improvement of electricity in Nigeria by the World Bank. The organisation also demanded a list of the Nigerian officials involved in the electricity projects during the said period.
The request is contained in an application sent yesterday to the President of the World Bank, Mr David Malpass under the Bank’s Access to Information Policy.
Part of the application read; “The Bank should explain the rationale for approving $500m for electricity despite reports of widespread and systemic corruption in the sector, and the failure of the authorities to enforce a court judgment on payments to corrupt power contractors.
“The Access to Information Policy aims to maximize access to information and promote the public good. There is public interest in Nigerians knowing about the Bank’s supervisory role and specifically its involvement in the implementation of electricity projects, which it has funded.
“The $500m is part of the over one billion dollars available to Nigeria under the project titled: Nigeria Distribution Sector Recovery Program.
“Should the Bank refuse to release the information and documents as requested, we’ll file an appeal to the Secretariat of the Bank’s Access to Information Committee to challenge any such decision, and to the Access to Information Appeals Board, and consider other legal options.”