Plus234Feed

SERAP Demands NNPC Boss to Account for Missing Billions in Oil Funds

Politics1 min read
SERAP Demands NNPC Boss to Account for Missing Billions in Oil Funds

The Socio-Economic Rights and Accountability Project (SERAP) has called on the NNPC boss, Bayo Bashir Ojulari, to account for missing oil funds amounting to billions. SERAP alleges financial mismanagement and corruption within NNPC, demanding recovery and remittance of the missing funds to the national treasury.

Failure to comply within seven days may lead to legal action. Specific instances of alleged financial irregularities include payments for abandoned projects and lack of supporting documentation for expenditures.

SERAP emphasizes the detrimental impact of corruption on public trust, poverty, and national development.

Plus234Feed summary based on reporting from The Will. Read the original report below.

Read full article

Continue on The Will

Visit
Share