This is amid the allegations documented in the recently published 2020 audited report by the Auditor General of the Federation that the NNPC failed to remit the money into the Federation Account, saying that it may have been diverted.
In the suit, SERAP is demanding for an order of mandamus to direct and compel the NNPC to account for and explain the whereabouts of the missing oil revenues, and hand over suspected perpetrators to the Independent Corrupt Practices and Other Related Offences Commission, ICPC and the Economic and Financial Crimes Commission, EFCC, for investigation and prosecution.
The group is also seeking that the NNPCL should ensure the full recovery and remittance of the missing funds into the Federation Account.
In the suit, SERAP is arguing that without the full recovery and remittance of the missing oil revenues, the dire economic situation may worsen and Nigerians will continue to be denied access to basic public goods and services.
The suit filed on behalf of the group by its lawyers, Kolawole Oluwadare and Kehinde Oyewumi, noted that failure by the NNPC to account for and explain the whereabouts of the disappeared money is a grave violation of the provisions of the Nigerian Constitution 1999 [as amended], the Freedom of Information Act, national anti-corruption laws, and the country’s obligations under the UN Convention against Corruption.
No date has been fixed for the hearing of the suit.
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