🇳🇬 Nigeria 1d ago · Nwafor

SERAP sues NNPCL over ‘failure to account for ₦211 trillion in oil money’

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SERAP sues NNPCL over ‘failure to account for ₦211 trillion in oil money’
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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 ₦211 trillion in oil money recorded in its 2023 audited financial statements as ‘Sundry Receivables’ and ‘Accrued Expenses.’”



NNPCL reportedly recorded over ₦211 trillion (₦211,015,245,000,000) in its 2023 audited financial statements as ‘Sundry Receivables’ and ‘Accrued Expenses’ without adequately explaining the

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