US$500 million: SERAP requires the World Bank to release documents on power projects

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electricity, projects, access, funds, world, sector, supply, bank, information, implementation

Logo of the Social Economic Rights and Responsibility Project (SERAP).

The Socio-Economic Rights and Responsibility Project (SERAP) urged Mr. David Malpass, President of the World Bank, to “exercise the privileges of the World Bank to publish relevant archive records and documents between 1999 and 2020. Spending all approved funds to improve Nigeria’s power supply, the World Bank’s role in implementing any funded power projects, identifying and naming any implemented projects and Nigeria’s officials, government departments, departments and institutions involved The bank’s board of directors approved US$500 million last week, “to help increase Nigeria’s power supply and improve the performance of the country’s power distribution companies.
But in the application dated 6, the organization urged the World Bank, under the signature of SERAP Deputy Director Kolawole Oluwadare, to urge the World Bank in February 2021 to “explain the reason for approving the $500 million implementation of ele.” Although there are reports of widespread systemic corruption in the department, and the authorities have not enforced the court’s decision to request payment details to corrupt power contractors who have not implemented any projects. He said: “This application is based on the World Bank’s information access policy, which aims to maximize access to information and promote public interest. The Nigerian people know the World Bank’s supervisory role, especially its involvement in the implementation of power projects. This has aroused public attention. So far, the World Bank has funded the project.”
According to SERAP, “500 million US dollars is part of the World Bank’s more than 1 billion US dollars available funds. Nigeria, its project name: Nigeria Distribution sector recovery plan. We would like to thank the details of any transparency and accountability mechanisms under the release of funds agreement, including whether there are any provisions that enable Nigerians and civil society to monitor government, government agencies and electricity spending. SERAP also said: “If the World Bank fails and/or refuses to release information and documents as required, SERAP will appeal to the Secretariat of the World Bank Disclosure of Information Committee to challenge any such decisions, and if necessary, to the Disclosure of Information Appeal Committee. SERAP may also consider other legal options outside the World Bank’s “Access to Information” framework.
The part of the letter copied to the World Bank Nigerian Country Director Shubham Chaudhuri reads: “SERAP believes that the release of information and documents will benefit Nigerians and civil society to participate meaningfully in the implementation of World Bank-funded power projects, and to achieve greater Contribute to the public interest of the World Bank and strengthen the Bank’s public commitment to transparency and accountability.
“The World Bank has been and continues to participate in overseeing the work of the World Bank. Fund transfers, expenditures and expenditures of Nigerian power projects. According to reports, the World Bank also approved a US$750 million loan to Nigeria’s power sector in June 2020 to reduce the electricity price differential, protect the poor from price adjustments and increase power supply to the grid. Therefore, the World Bank is not a neutral party on this issue. “” SERAP is seriously concerned that the funds approved by the World Bank are vulnerable to corruption and mismanagement. The World Bank has a responsibility to ensure that Nigerian authorities and their institutions maintain transparency and accountability for how Nigerians use approved funds for the country’s power projects, and reduce vulnerability to corruption and mismanagement. ”
” SERAP also believes that the required information and documents to be disclosed are essential for maintaining the legitimacy of the World Bank as a leading international development agency, and that credibility and relevance are of vital importance to the public interest. The World Bank should lead by example in raising issues such as transparency and public disclosure in this request. ”
” This also shows that the World Bank is willing to put people first in the implementation of its development and governance policies and authorization. Eliminate any suspicion that the World Bank is suspected of improper management of funds related to power projects. ”
” It is also seeking information to improve the country’s ongoing anti-corruption struggle and provide Nigerians with regular and uninterrupted power supply. Basic human rights. ”
“The requested information is not affected by the exceptions of “review”, “corporate administrative matters” or “security assurance” in the policy. The required information is vital to Nigerians, who need to understand how the funds released to the authorities to improve the country’s electricity supply are used and monitor the use of funds. ”
” The SERAP report, titled: From Darkness to Darkness: How Nigerians Pay for Corruption in the Power Sector, demonstrates widespread and systemic corruption in the power sector, and reveals the waste of successive Nigerian governments since the return of democracy in 1999 N11 trillion power fund. ”
” This report raises specific public interest issues. The World Bank should pay attention to how the Nigerian authorities deal with reports of widespread and systemic corruption in the power sector, and seek answers to these issues. ”
” However, the report shows that World Bank funding for the power sector has not led Nigerians to enter a formal and single country accordingly. Power supply is interrupted. Although successive governments have budgeted trillions of naira for the power sector, they have still failed to provide normal and reliable power supplies for millions of citizens. ”
” Millions of Nigerians still cannot use free prepaid meters. The authorities continue to use apparently illegal and unreasonable estimated bills across the country, increasing consumption costs and marginalizing Nigerians living in extreme poverty, particularly affecting women, children and the elderly.

SERAP urged Mr. Malpass:
to disclose and publish information and documents related to the expenditures of funds approved and issued to Nigeria between 1999 and 2020 to improve access to normal and uninterrupted power supply, including monitoring reports, and regular Review and copy funds of other appropriate reports on the World Bank’s role in expenditures and expenditures and specific projects using these funds;
Disclose the implementation status, results and completion reports of the power projects funded by the World Bank in Nigeria to date;
Disclose information on the level of participation The World Bank implemented power projects from 1999 to 2020;
Disclose relevant World Bank practices to ensure the transparency and accountability of all power projects in Nigeria to establish agreements and mechanisms;
Disclose 1999 to 2020 The terms and conditions of all power projects related funds approved for Nigeria during the year.

Other useful sources :

$500m: SERAP asks World Bank to publish documents on funded …
$500m Electricity Fund: SERAP Asks World Bank To Publish …

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