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SERAP sues NNPCL over ‘failure to account for ₦211 trillion’

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SERAP sues NNPCL over ‘failure to account for ₦211 trillion’
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Open in WhatsApp NNPCL reportedly recorded over ₦211 trillion (₦211,015,245,000,000) in its 2023 audited financial statements as ‘Sundry Receivables’ and ‘Accrued Expenses’ without adequately explaining the transactions or providing sufficient information to enable public scrutiny of the funds. Header & Premium Times Logo */ .gn-header { display: flex; align-items: center; gap: 14px; margin-bottom: 16px; } .gn-logo { height: 36px; /* Slightly larger to balance the new text sizes */ width: auto; object-fit: contain; } .gn-title { font-size: 22px; margin: 0; color: #1a1a1a; font-weight: 800; } /* 3. The Bold Description */ .gn-description { font-size: 18px; /* Larger size */ font-weight: 600; /* Bolder weight */ color: #202124; /* Darker for readability */ margin: 0 0 24px 0; line-height: 1.5; } /* 4.

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Add us on Google The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Company Limited (NNPCL) over 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.’” Join the Premium Times WhatsApp Community For Quick Access To News and Happenings Around You. Open in WhatsApp NNPCL reportedly recorded over ₦211 trillion (₦211,015,245,000,000) in its 2023 audited financial statements as ‘Sundry Receivables’ and ‘Accrued Expenses’ without adequately explaining the transactions or providing sufficient information to enable public scrutiny of the funds. In the suit No.

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