Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Company (NNPC) Limited over the “failure to account for and explain the whereabouts of the alleged missing Two Point Four Billion Dollars and One hundred and Sixty-four Billion Naira oil revenues.
The suit followed the allegations documented in the recently published 2020 audited report by the Auditor General of the Federation that the NNPC failed to remit the money into the Federation Account, saying that the money may have been diverted.
In the suit filed last Friday at the Federal High Court in Abuja, SERAP is seeking amongst others, an order of mandamus to direct and compel the NNPC to account for and explain the whereabouts of the missing oil revenues, as documented in report by the Auditor-General.
SERAP’s action is contained in a statement signed by the Deputy Director of SERAP, Kolawole Oluwadare.
No date has been fixed for the hearing of the suit.
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