The group gave the advice in a letter signed by its deputy director Kolawole Oluwadare.
SERAP blamed the current recession on corruption in the country, adding that the country cannot afford getting back to business as usual.
It called on the president to put the country’s resources at the service of human rights, and to support the less well-off to enjoy an adequate standing of living through cutting the cost of governance and implementing bold transparency and accountability measures.
SERAP said the moves will fast-track the economic recovery process.
