 Social Economic Right and Accountability Project SERP has filed a lawsuit asking the court to compel President Mohamed Abu Harid to disclose pending details of the overdraft in loans obtained from the central bank of Nigeria since May 29, 2015, including the project in which the overdraft had been spent and repayment of all overdrafts to date. SERP is also seeking an order to compel the president to explain and clarify whether $25 billion overdraft reportedly obtained from the CBN is within the 5% limit of the actual revenue of the government for 2020. The suit followed SERP's freedom of information request to President Mohamed Abu Harid stating that disclosing details of overdraft and repayment would enable Nigerians to hold a government to account for its fiscal management and ensure that public funds are not mismanaged or diverted. In the suit filed last week at the Federal High Court, Abuja, SERP is also seeking an order directed and compelling President Mohamed Abu Harid to disclose details of overdraft taken from the CBN by successive governments between 1999 and 2015.