SERAP Sues NNPC Over Alleged N5.9bn Rebranding Costs

The Socio-Economic Rights and Accountability Project (SERAP) has initiated legal action against the Nigerian National Petroleum Corporation Limited (NNPC) in the Federal High Court, Abuja, regarding an alleged N5.9 billion spent on rebranding. The lawsuit, filed last week under case number FHC/ABJ/CS/1248/2026, claims that NNPC's reported expenditure includes N2.9 billion for incorporated expenses related to petroleum product pricing.

SERAP is seeking a court order to compel NNPC to provide a comprehensive account of the funds spent, including details of financial transactions and contractors involved. The organization argues that the expenditure raises concerns about compliance with constitutional anti-corruption obligations and public trust.

SERAP emphasizes the need for transparency in managing public resources, especially given the size of the reported expenditure. The lawsuit also references concerns raised by the Senate Committee on Public Accounts regarding the justification of the N5.9 billion expenditure, which was described as excessive and unjustified.