The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Company Limited (NNPCL), seeking a court order compelling the state-owned oil company to explain and account for more than ₦211 trillion recorded in its 2023 audited financial statements as “Sundry Receivables” and “Accrued Expenses.” The suit, filed at the … Continue reading SERAP Sues NNPCL Over Alleged Failure to Account for ₦211tn in Oil Funds