The 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 USD$2.04 billion and N164 billion oil revenues.” FILE: Group CEO, NNPCL, Mele Kyari According to SERAP, the suit followed the allegations documented … Continue reading SERAP Sues NNPC Over Alleged Missing $2.04bn, N164bn Oil Revenues
In the wake of the scandal involving the Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, an activist, Deji Adeyanju on Saturday insisted that the National Nigerian Petroleum Company Limited, NNPCL, also transfer money into private accounts. Speaking on Arise TV, Adeyanju alleged that billions of dollars are transferred into private accounts without anybody … Continue reading N585m Fraud: NNPC not better than Betta Edu; Billions transferred into private accounts
The Group Chief Executive Officer, Nigerian National Petroleum Company Limited, Mele Kyari, on Thursday, allayed the fear of Nigerians on the rising prices of Premium Motor Spirit, known better as petrol across the country. The NNPC boss said competition among major players in the oil sector would force down the price of petrol as against the upward … Continue reading NNPC: Petrol price will come down soon
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