SERAP Tells NNPC to Account for Alleged Missing N500 Billion

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The Socio-Economic Rights and Accountability Project (SERAP) has urged the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), Bayo Ojulari, to account for the whereabouts of an alleged missing N500 billion.


It said the NNPC failed to remit the amount to the Federation Account between October 2024 and December 2024, as revealed by the World Bank.


SERAP urged Ojulari to identify those suspected to be involved, surcharge them for the full amount involved, and hand them over to the Independent Corrupt Practices and Other Related Offences Commission (ICPC) and the Economic and Financial Crimes Commission (EFCC) for investigation and prosecution.

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