SERAP sues NNPCL over alleged failure to account for N211trn oil money

The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Company (NNPCL) over its “failure to explain and account for N211 trillion in oil money recorded in its 2023 audited financial statements as ‘Sundry Receivables’ and ‘Accrued Expenses.’ NNPCL reportedly recorded over N211 trillion in its 2023 audited financial […]