CISLAC said Nigeria’s increasing debt was putting the country in a precarious situation, and had significant implications for human rights.
“It should be scrapped because it is money that is not audited for, is money that is not accounted for. We cannot be spending running to billions of naira without accountability.
CISLAC urged Mr Buhari to desist from making “more dangerous mistakes that will further plunge the country into more danger.”
“If anything happens in a state, the state governor cannot call on the police to do anything except there is approval from the president,” said the CISLAC director.
“Legislators access public resources. They should be able to explain and make themselves accessible and accountable to the people on a regular basis.”
A new report by transparency group CISLAC says Nigeria’s real estate has become an asylum for stolen wealth.
