• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Wednesday, November 11, 2026
Leadership Newspapers
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
Hausa Edition
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

SERAP Sues NNPCL Over Alleged Secrecy, Demands Oil Production, Revenue Data

LEADERSHIP News by LEADERSHIP News
3 years ago
in Cover Stories
IMG 4274 jpeg
Share on WhatsAppShare on FacebookShare on XTelegram

Socio-Economic Rights and Accountability Project (SERAP) has taken legal action against the Nigerian National Petroleum Company Limited (NNPCL) for its alleged failure to disclose crucial details about Nigeria’s daily oil production, exportation, and the total revenues generated from oil since the removal of petrol subsidy in May 2023.

The lawsuit, identified as suit number FHC/ABJ/CS/1719/2023, was filed by SERAP on Friday at the Federal High Court in Abuja. This legal move followed SERAP’s previous request to Mele Kyari, the Group Chief Executive Officer (GCEO) of NNPCL, demanding transparency regarding the revenues generated from oil and their remittance to the public treasury post-subsidy removal.

In a letter dated December 9, 2023, and signed by SERAP Deputy Director Kolawole Oluwadare, the organization highlighted the significant public interest in obtaining this information. SERAP urged NNPCL to disclose the daily amount of oil produced, exported, and the generated revenue within a seven-day deadline.

“There is a legitimate public interest in disclosing the information sought. The NNPC has a legal responsibility to disclose the details of Nigeria’s daily oil production, exportation and the revenues generated and remitted,” the statement read.

“Nigerians have the right to know the amounts of barrels of oil the country produces and exports daily, the revenues generated and remitted to the public treasury.” Compelling the NNPC to disclose these details would promote transparency and accountability in the oil sector.”

“The failure by the NNPC to disclose the information sought is a grave violation of the provisions of the Nigerian Constitution 1999 [as amended], the Freedom of Information Act, and the country’s obligations under the African Charter on Human and Peoples’ Rights.”

However, as NNPCL failed to respond to SERAP’s request, the advocacy group decided to pursue legal action, emphasizing that the lawsuit is in the public interest.

The lawsuit, presented on behalf of SERAP by its lawyers Kolawole Oluwadare and Andrew Nwankwo, stressed the necessity for transparency in revealing Nigeria’s daily oil production, exportation figures, and the revenues remitted to the public treasury. SERAP argued that such disclosures would ensure compliance with the law by NNPCL and facilitate the populace’s right to natural resources.

Citing constitutional provisions and international commitments, SERAP asserted that transparency in oil-related financial matters is vital in curbing corruption, enhancing access to public goods and services, and meeting anti-corruption obligations.

RELATED NEWS

17 Rescued, 1 Severely Burnt As CNG Bus Catches Fire In Lagos

Tinubu Gives Flamingos Players N100m Each, Coach N100m For U-17 World Cup Triumph

Veteran Actor Stacy Keach, ‘Prison Break’ Star, Dies At 85

The lawsuit comes amidst concerns raised by former Central Bank Governor Sanusi Lamido Sanusi regarding the alleged failure of NNPCL to remit adequate foreign exchange into the treasury post-fuel subsidy removal, prompting questions about the utilization of generated funds.

SERAP stressed that transparency in disclosing oil production and revenue figures is essential to prevent fund diversion and foster public trust in utilizing revenues for the benefit of Nigerians.

We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can invest ₦2.5million on premium domains and earn about ₦17-25Million. Earnings in USD. Rather than wonder, click here to find out how it works

LEADERSHIP News

LEADERSHIP News

OTHER NEWS UPDATES

17 Rescued, 1 Severely Burnt As CNG Bus Catches Fire In Lagos
Cover Stories

17 Rescued, 1 Severely Burnt As CNG Bus Catches Fire In Lagos

2 hours ago
Tinubu Gives Flamingos Players N100m Each, Coach N100m For U-17 World Cup Triumph
News

Tinubu Gives Flamingos Players N100m Each, Coach N100m For U-17 World Cup Triumph

4 hours ago
Veteran Actor Stacy Keach, ‘Prison Break’ Star, Dies At 85
Entertainment

Veteran Actor Stacy Keach, ‘Prison Break’ Star, Dies At 85

4 hours ago
Next Post
Makinde Presents N434.2bn 2024 Budget Proposal For Oyo State

Makinde Signs N438.4bn 2024 Appropriation Bill Into Law

LATEST UPDATE

Nigeria Active Drilling Rigs Registers Over 300% Activities

2 minutes ago

Mark-led ADC Faults Court’s Late Release Of CTC, Atiku Alleges Sealing Of Arewa House

12 minutes ago

NECSOB Partners NCTC To Protect Farmers In Borno

16 minutes ago

Kano Court Orders Destruction Of Over 400 Bags Of Spoilt Wheat Flour

20 minutes ago

Jaji Wins APC Fresh Primary In Zamfara With 26,646 Votes

30 minutes ago

2027: Tinubu Promises Four New Army Divisions, 50,000 Police Officers In Re-election Manifesto

38 minutes ago

17-Year-Old Arrested In Killing Of Bronx Teen Javits Frimpong

38 minutes ago

KASU Strike: Non-Teaching Staff Shut Down Activities, Cancel GST Examination

42 minutes ago

I Will Protect All Faiths In Nigeria, Olawepo-Hashim Tells US Congress

50 minutes ago

Benue NGO Sets Up Community Policing Committee To Prevent Another Yelewata Attack

1 hour ago
Load More
Facebook Twitter Instagram Youtube Whatsapp

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino | Polskie Kasyno.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino | Polskie Kasyno.