{"id":82406,"date":"2026-02-02T08:55:24","date_gmt":"2026-02-02T08:55:24","guid":{"rendered":"https:\/\/abujacityjournal.com\/livenews\/?p=82406"},"modified":"2026-02-02T08:55:24","modified_gmt":"2026-02-02T08:55:24","slug":"serap-sues-nnpcl-over-alleged-missing-oil-funds","status":"publish","type":"post","link":"https:\/\/abujacityjournal.com\/livenews\/2026\/02\/02\/serap-sues-nnpcl-over-alleged-missing-oil-funds\/","title":{"rendered":"SERAP Sues NNPCL Over Alleged Missing Oil Funds"},"content":{"rendered":"<p><strong>By Omoniyi David<\/strong><\/p>\n<p>The Socio-Economic Rights and Accountability Project (SERAP) has sued the Nigerian National Petroleum Company (NNPC) Limited over its alleged failure to account for missing oil funds totalling \u20a622.3 billion, $49.7 million, \u00a314.3 million and \u20ac5.2 million.<\/p>\n<p>The suit, filed last Friday at the Federal High Court, Abuja, follows allegations contained in the 2022 audited report of the Auditor-General of the Federation, published on September 9, 2025.<\/p>\n<p>In the case marked FHC\/ABJ\/CS\/195\/2026, SERAP is seeking an order of mandamus compelling NNPCL to account for the funds and disclose details of the transactions, including disbursements, contractors and beneficiaries.<\/p>\n<p>SERAP argued that the alleged diversion reflects persistent accountability failures at NNPCL and undermines transparency. It said recovering the funds would help combat impunity and ensure the money is returned for the benefit of Nigerians.<\/p>\n<p>The organisation added that repeated reports of missing oil revenues have harmed Nigeria\u2019s economic development and deprived citizens of essential public services.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Omoniyi David The Socio-Economic Rights and Accountability Project (SERAP) has sued the Nigerian National Petroleum Company (NNPC) Limited over its alleged failure to account for missing oil funds totalling \u20a622.3 billion, $49.7 million, \u00a314.3 million and \u20ac5.2 million. The suit, filed last Friday at the Federal High Court, Abuja, follows allegations contained in the [&hellip;]<\/p>\n","protected":false},"author":33,"featured_media":82407,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1720,172],"tags":[],"class_list":["post-82406","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","category-news"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/82406","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=82406"}],"version-history":[{"count":1,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/82406\/revisions"}],"predecessor-version":[{"id":82408,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/82406\/revisions\/82408"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/82407"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=82406"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=82406"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=82406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}