SERAP sues NNPCL over missing ₦22.3bn, $49.7m oil money

The Socio-Economic Rights and Accountability Project has filed a lawsuit against the Nigerian National Petroleum Company Limited for failing to account for missing funds amounting to ₦22.3 billion and $49.7 million from oil revenues.

The Socio-Economic Rights and Accountability Project (SERAP) has taken legal action against the Nigerian National Petroleum Company Limited (NNPCL). The suit addresses the alleged failure by NNPCL to provide accountability for missing oil money totaling ₦22.3 billion and $49.7 million. This development highlights ongoing concerns about transparency in Nigeria's oil sector. SERAP's move aims to enforce public interest in fiscal responsibility within state-owned enterprises. No further details on the court proceedings or specific timelines have been disclosed in available reports.

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Dutch courtroom scene of Greenpeace's anti-SLAPP lawsuit against Energy Transfer, with Dakota Access Pipeline protest imagery on display.
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Greenpeace pursues anti-SLAPP case against Energy Transfer in Dutch court

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Greenpeace International has brought an anti-SLAPP lawsuit against U.S. pipeline company Energy Transfer in the Netherlands, seeking to recover damages it says stem from what it calls abusive litigation over protests against the Dakota Access Pipeline. The Dutch case follows a North Dakota jury verdict ordering Greenpeace entities to pay more than $660 million in damages to Energy Transfer over their role in the 2016–2017 protests, a sum later reduced by a judge.

A group has rejected claims of a ₦210tn gap in the accounts of the Nigerian National Petroleum Company Limited (NNPCL). It urged the Senate to reconcile the figures amid ongoing scrutiny.

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A United States district court has sentenced Paulinus Okoronkwo, a former senior executive of the Nigerian National Petroleum Corporation, to 87 months in prison for accepting a $2.1 million bribe.

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The South African Police Service (SAPS) is grappling with 48,569 civil claims for unlawful arrests and wrongful detentions, amounting to a potential R56.7 billion liability. This crisis stems from systemic issues like poor training and impunity, eroding public trust in law enforcement. Recent payouts reached R620 million in the 2024/25 financial year alone.

Traditional rulers from Rivers, Imo, and Abia states have pledged to safeguard Nigeria's oil infrastructure to enhance national revenue. At a stakeholders' engagement in Port Harcourt, they praised Pipeline Infrastructure Nigeria Limited for improving security and community ties along the Trans Niger Pipeline. The event highlighted recent gains in oil production and community empowerment initiatives.

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The Independent Corrupt Practices Commission has released its 2025 Integrity Report, ranking the Nigerian Upstream Petroleum Regulatory Commission and the Nigeria Deposit Insurance Corporation at the top. In contrast, the Nigerian National Petroleum Corporation and the Federal Civil Service Commission placed at the bottom.

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