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SERAP Takes Legal Action Against NNPC Over Unaccounted Oil Revenues The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Corporation (NNPC) over its failure to account for Nigeria’s daily oil production and revenue. According to SERAP, the NNPC has been unable to explain the whereabouts of an alleged missing sum of USD$2.04 billion and N164 billion in oil revenues, as documented in the latest annual report by the Auditor-General of the Federation. In a letter addressed to Mele Kolo Kyari, the Group Chief Executive Officer of NNPC, SERAP urged the corporation to identify and hold accountable those responsible for the missing funds. The organization also called for the full recovery and remittance of the unaccounted revenues into the Federation Account without further delay. Highlighting the economic repercussions of the missing oil revenues, SERAP emphasized the detrimental effects on Nigeria’s economy and the inability of citizens to access basic public goods and services. Expressing concern over the lack of transparency and accountability in NNPC’s operations, SERAP emphasized the need for immediate action to address the issue. The organization set a deadline of seven days for NNPC to comply with its requests, warning of legal action if necessary to ensure accountability and uphold the public interest. SERAP underscored the importance of transparency in managing oil revenues to advance the rights of Nigerians and combat corruption in the country’s oil sector.
SERAP Takes Legal Action Against NNPC Over Unaccounted Oil Revenues....KINDLY READ THE FULL STORY HERE▶
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Corporation (NNPC) over its failure to account for Nigeria’s daily oil production and revenue……..CONTINUE READING
According to SERAP, the NNPC has been unable to explain the whereabouts of an alleged missing sum of USD$2.04 billion and N164 billion in oil revenues, as documented in the latest annual report by the Auditor-General of the Federation.
In a letter addressed to Mele Kolo Kyari, the Group Chief Executive Officer of NNPC, SERAP urged the corporation to identify and hold accountable those responsible for the missing funds. The organization also called for the full recovery and remittance of the unaccounted revenues into the Federation Account without further delay.
Highlighting the economic repercussions of the missing oil revenues, SERAP emphasized the detrimental effects on Nigeria’s economy and the inability of citizens to access basic public goods and services.
Expressing concern over the lack of transparency and accountability in NNPC’s operations, SERAP emphasized the need for immediate action to address the issue. The organization set a deadline of seven days for NNPC to comply with its requests, warning of legal action if necessary to ensure accountability and uphold the public interest.
SERAP underscored the importance of transparency in managing oil revenues to advance the rights of Nigerians and combat corruption in the country’s oil sector.
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Corporation (NNPC) over its failure to account for Nigeria’s daily oil production and revenue.
According to SERAP, the NNPC has been unable to explain the whereabouts of an alleged missing sum of USD$2.04 billion and N164 billion in oil revenues, as documented in the latest annual report by the Auditor-General of the Federation.
In a letter addressed to Mele Kolo Kyari, the Group Chief Executive Officer of NNPC, SERAP urged the corporation to identify and hold accountable those responsible for the missing funds. The organization also called for the full recovery and remittance of the unaccounted revenues into the Federation Account without further delay.
Highlighting the economic repercussions of the missing oil revenues, SERAP emphasized the detrimental effects on Nigeria’s economy and the inability of citizens to access basic public goods and services.
Expressing concern over the lack of transparency and accountability in NNPC’s operations, SERAP emphasized the need for immediate action to address the issue. The organization set a deadline of seven days for NNPC to comply with its requests, warning of legal action if necessary to ensure accountability and uphold the public interest.
SERAP underscored the importance of transparency in managing oil revenues to advance the rights of Nigerians and combat corruption in the country’s oil sector.
Babatunde Ogala (SAN), a former National Legal Adviser of the All Progressives Congress (APC), has defended President Bola Tinubu’s qualifications to run in the 2027 presidential election amid ongoing debates regarding his educational background.....KINDLY READ THE FULL STORY HERE▶
During an appearance on Channels Television’s Politics Today, Ogala addressed concerns raised by critics and opposition figures regarding the omission of primary and secondary school details from the personal particulars submitted to the Independent National Electoral Commission.
Key points from his remarks include:
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Constitutional Compliance: Ogala emphasized that the matter should be evaluated strictly based on constitutional provisions rather than speculation about the President’s family or history.
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Citizenship and Age: He affirmed that Tinubu meets the legal requirements for Nigerian citizenship and satisfies the mandatory age threshold for the presidency.
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Educational Qualifications: Highlighting that the constitution requires candidates to be educated up to at least the School Certificate level (or equivalent), Ogala argued that Tinubu’s declared Bachelor of Science degree from Chicago State University surpasses this minimum requirement.
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Legal Perspective: He likened demanding lower-level school records from someone who holds an advanced university degree to asking a Senior Advocate of Nigeria to repeatedly prove their basic legal credentials.
Dr. Adamu Mohammed Fika, an elder statesman, former Director-General, and Clerk-Designate to the National Assembly, has passed away at a hospital in Abuja. His death was announced by Mohammed Abubakar, the Special Adviser on Media to the Emir of Fika, though the cause of death was not disclosed.....KINDLY READ THE FULL STORY HERE▶
Fika held the traditional title of Zarma Kura of Fika and had a distinguished career in public service and legislative administration, which included:
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Serving as the pioneer Director-General and Clerk-Designate to the National Assembly.
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Chaired the National Assembly Service Commission to support federal legislature administration and development.
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Leading the Board of Trustees for the Council of Retired Clerks and Secretaries of the National Assembly as Chairman.
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Contributing to the National Institute for Policy and Strategic Studies located in Kuru, Plateau State.
Funeral prayers for the late statesman are scheduled for Friday, August 7, 2026, at the National Mosque in Abuja, while family, associates, and well-wishers continue to mourn his loss as a significant blow to the Fika Emirate, Yobe State, and Nigeria as a whole.
Nigerian filmmaker Dimbo Atiya has passed away, coming just a day after the death of actress Temitope Osoba.....KINDLY READ THE FULL STORY HERE▶
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Atiya reportedly passed away on Thursday morning, with Best of Nollywood Awards founder Seun Oloketuyi breaking the news on Instagram.
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Actor Mofe Duncan also paid tribute on social media, expressing devastation over the loss of one of the entertainment industry’s brilliant minds, while the cause of death remains unconfirmed.
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Concurrently, Temitope Osoba’s family issued a statement dismissing unauthorized online rumors that attributed her Tuesday evening death to cancer complications.
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Osoba had reportedly spoken with colleagues and updated her WhatsApp status with “Ogo Tuntun” (meaning “new glory”) shortly before her passing, prompting the family to reject false accounts surrounding her demise.
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