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

The Socio-Economic Rights and Accountability Project has filed a lawsuit against the Nigerian National Petroleum Company over what it described as 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.’” This was made known in...