• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Thursday, July 16, 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.”

RELATED NEWS

JUST-IN: Court Orders Final Forfeiture Of Aisha Achimugu’s N4.6bn Jewellery, N4.3bn Cars, $50,000, N30m

Speaker, Senate Leader Outline Ways To Make State Police Effective

PFIPC Scandal: Adeyemi Arrested In Osun, Taken To Abuja

“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.

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 now earn as much as $15,000- $25,000 with premium domains. You decide if you want payment in Naira or US Dollars. Be sure to ask for evidence and proof of people benefitting daily from this. CLICK HERE TO START
LEADERSHIP News

LEADERSHIP News

OTHER NEWS UPDATES

JUST-IN: Court Orders Final Forfeiture Of Aisha Achimugu’s N4.6bn Jewellery, N4.3bn Cars, $50,000, N30m
Cover Stories

JUST-IN: Court Orders Final Forfeiture Of Aisha Achimugu’s N4.6bn Jewellery, N4.3bn Cars, $50,000, N30m

5 hours ago
Speaker, Senate Leader Outline Ways To Make State Police Effective
Cover Stories

Speaker, Senate Leader Outline Ways To Make State Police Effective

12 hours ago
PFIPC Scandal: Adeyemi Arrested In Osun, Taken To Abuja
Cover Stories

PFIPC Scandal: Adeyemi Arrested In Osun, Taken To Abuja

1 day ago
Next Post
Makinde Presents N434.2bn 2024 Budget Proposal For Oyo State

Makinde Signs N438.4bn 2024 Appropriation Bill Into Law

Advertisement

LATEST UPDATE

Nigeria Retain African Flag Football Supremacy, Wins 2 Golds In Kenya

22 minutes ago

Oyo Launches Digital Land Survey Plan Registry To Boost Transparent, Efficient Administration

30 minutes ago

ICPC Chairman Calls For Tech-Driven Anti-Corruption Strategy

40 minutes ago

‎“I Talk To My Wife Every Day, Can’t Live Without Her” – Davido Opens Up On His Love For Chioma

46 minutes ago

Sam Neill’s Cause Of Death Confirmed As Family Announces Private Memorial

52 minutes ago
Load More
Advertisement
Facebook Twitter Instagram Youtube Whatsapp

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

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.