The Socio-Economic Rights and Accountability Project (SERAP) has called on President Bola Tinubu to request the Code of Conduct Bureau (CCB) to publish his declared assets. SERAP also urged Tinubu to encourage other key public officials, including Vice-President Kashim Shettima, ministers, National Assembly leaders, state governors, and the chairmen of Nigeria’s 774 local governments, to do the same.
This appeal follows Tinubu’s comments during his first Presidential Media Chat, where he indicated his willingness to consider asking the CCB to publish his assets.
SERAP’s Advocacy for Transparency
In a letter signed by its deputy director, Kolawole Oluwadare, dated December 28, 2024, SERAP welcomed the President’s intent as a positive step toward accountability. However, the group emphasized that transforming this intention into immediate action would send a stronger message about the administration’s commitment to transparency and good governance.
SERAP argued that the longstanding secrecy surrounding asset declarations by high-ranking public officials has perpetuated corruption across all tiers of government. According to SERAP, undisclosed assets provide fertile ground for the misuse of public funds, creating opportunities for private gain at the expense of public trust.
Why This Matters
Transparency in governance is a cornerstone of democracy. By publishing his assets, President Tinubu could set a powerful precedent for accountability in Nigeria. It would demonstrate a willingness to lead by example and inspire confidence in his administration’s anti-corruption agenda.
Furthermore, the culture of secrecy surrounding asset declarations has been a significant barrier to rooting out corruption in Nigeria’s public sector. SERAP’s recommendation to make asset declarations public could deter illicit enrichment by public officials, reduce financial mismanagement, and enhance trust in government institutions.
The organization also linked transparency to improved governance at the local level. It highlighted the importance of enforcing the Supreme Court’s July 11, 2024, decision that barred state governors from taking control of local government funds. SERAP argued that a transparent system could help ensure that funds meant for grassroots development are used effectively.
The Broader Implications
If implemented, SERAP’s call to action could mark a turning point in Nigeria’s fight against corruption. Encouraging public officials at all levels to disclose their assets would promote accountability, increase public trust, and strengthen democratic governance.
For President Tinubu, taking this step could consolidate his legacy as a reformer and a leader committed to transparency. Conversely, failing to act decisively on this issue risks undermining public confidence and allowing corrupt practices to persist unchecked.
In conclusion, SERAP’s proposal is not just about compliance with legal requirements—it is a demand for a systemic shift toward openness and integrity in governance, a change that is crucial for Nigeria’s progress.
