SERAP asks Court to compel NNPCL to explain N211trn financial entries

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The Socio-Economic Rights and Accountability Project (SERAP) has initiated a lawsuit against the Nigerian National Petroleum Company Limited (NNPCL) for its failure to clarify and account for ₦211 trillion in oil revenue recorded in its 2023 audited financial statements under the categories of “Sundry Receivables” and “Accrued Expenses.” According to reports, NNPCL listed over ₦211 […]

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