SERAP Sues NNPCL Over Alleged ₦5.9 Billion Spent on Rebranding and Incorporation
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Company Limited (NNPCL), demanding a full account of approximately ₦5.9 billion reportedly spent during the transition of the former Nigerian National Petroleum Corporation (NNPC) into the newly incorporated NNPCL. According to SERAP, the expenditure relates to the incorporation, restructuring,…
