President Bola Tinubu has been advised to investigate the 2.1 billion dollars and 3.1 trillion-naira subsidy payments allegedly missing and unaccounted for between 2016 and 2019.

Deputy Director, Socio-Economic Rights and Accountability Project, SERAP Kolawole Oluwadare made the call in a statement in Abuja.

The statement also urged Tinubu to set up a presidential panel of enquiry to promptly probe the allegations that the public funds of oil revenues and budgeted as fuel subsidy payments are missing and unaccounted between 2016 and 2019, as documented by the Auditor-General of the Federation.

It also challenged Tinubu to name any culprit to be responsible for the alleged systemic corruption in the use of oil revenues and the management of public funds budgeted as fuel subsidy, and to ensure their effective prosecution as well as the full recovery of any proceeds of crime.

The SERAP urged the President thoroughly investigate all fuel subsidies paid since the return of democracy in 1999.

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