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SERAP Sues NNPCL Over Unaccounted N500bn Oil Funds 

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The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Company Limited (NNPCL) over the failure to account for and explain the whereabouts of N500bn.

The organisation claimed that the NNPCL failed to remit the amount to the Federation Account between October 2024 and December 2024.

In a statement signed by SERAP Deputy Director, Kolawole Oluwadare, yesterday, the suit followed the recent allegations by the World Bank that out of the N1.1 trillion revenue from crude sales and other income in 2024, the NNPCL only remitted N600bn, leaving a deficit of N500bn unaccounted for.

“In response to SERAP’s Freedom of Information (FoI) request, the NNPCL had claimed through its lawyers, Afe Babalola and Co that the FoI Act does not apply to it.

But in the suit number FHC/L/MSC/553/2025 filed last Friday at the Federal High Court in Lagos, SERAP is seeking: “an order of mandamus to direct and compel the NNPCL to account for the alleged missing N500 billion, which it allegedly failed to remit to the Federation Account between October 2024 and December 2024.”

SERAP said it is also seeking the court to “direct and compel the NNPCL to invite appropriate anti-corruption agencies to investigate the spending and whereabouts of the said N500 billion and to ensure the prompt recovery and remittance of the money to the Federation Account.”

SERAP also asked the court to “direct and compel the NNPCL to identify those suspected to be responsible for the alleged missing oil funds, surcharge them for the full amount involved, and hand them over to appropriate anti-corruption agencies for investigation and prosecution.”

In the suit, SERAP argued that: “The NNPCL has a responsibility to comply with the Nigerian Constitution 1999 [as amended], the Freedom of Information Act, and the country’s international human rights and anticorruption obligations in the exercise of its statutory functions.

It noted that, “The missing oil revenues have further damaged the already precarious economy in the country and contributed to high levels of deficit spending by the government and the country’s crippling debt crisis.”

According to SERAP,  the missing oil revenue reflects a failure of NNPCL’s accountability more generally and is directly linked to the institution’s continuing failure to uphold the principles of transparency and accountability.

It also argued that, “the Supreme Court in a groundbreaking judgment recently declared that the Freedom of Information Act is applicable and applies to the public records in the Federation, including those kept by the NNPCL.”

The suit filed on behalf of SERAP by its lawyers, Kolawole Oluwadare, Ms Oluwakemi Oni, and Ms Valentina Adegoke, read in part: “Nigerians continue to bear the brunt of these missing public funds from the NNPCL meant for the economic development of the country.

“There is a legitimate public interest in providing the details sought. The NNPC has a legal responsibility to account for and explain the whereabouts of the missing oil money.”

SERAP pointed out that the country’s oil wealth ought to be used solely for the benefit of the Nigerian people, and the sake of the present and future generations, saying that without the full recovery and remittance of the missing N500 billion oil revenues, the dire economic situation may worsen and Nigerians will continue to be denied access to basic public goods and services.

“Nigerians have the right to know why the NNPCL failed to remit the subsidy removal savings to the Federation Account, and why the NNPCL is deliberately denying states and local governments their allocations from the Account, contrary to the provisions of the Nigerian Constitution.

“The failure by the NNPCL to remit the money to the Federation Account is a grave violation of the public trust and the provisions of the Nigerian Constitution, national anticorruption laws, and the country’s anticorruption obligations.

“Despite the country’s enormous oil wealth, ordinary Nigerians have derived very little benefit from oil money primarily because of widespread grand corruption, and the entrenched culture of impunity of perpetrators.

“Combating the corruption epidemic in the oil sector would alleviate poverty, improve access of Nigerians to basic public goods and services, and enhance the ability of the government to meet its human rights and anti-corruption obligations,” the organisation said.

The statement noted that the Nigerian Constitution, Freedom of Information Act, and the country’s anti-corruption and human rights obligations rest on the principle that citizens should have access to information regarding the spending of their commonwealth.

It said, “The Auditor-General of the Federation and Nigeria Extractive Industries Transparency Initiative have for many years documented reports of the disappearance of oil money from the NNPCL.

“The World Bank recently disclosed that out of the N1.1tn revenue from crude sales and other income in 2024, the NNPC only remitted N600bn, leaving a deficit of N500bn unaccounted for.

“The revenue and other income were expected to be paid into the Federation Account and shared by all levels of government, but the NNPCL reportedly failed to do so.”

SERAP noted that “Section 15(5) of the Nigerian Constitution requires public institutions to abolish all corrupt practices and abuse of power. Section 13 of the Nigerian Constitution imposes clear responsibility on the NNPCL to conform to, observe,  and apply the provisions of Chapter 2 of the Constitution.”

The organisation added that Nigeria has made legally binding commitments under the UN Convention against corruption to ensure accountability in the management of public resources, stressing that articles 5 and 9 of the UN Convention against corruption also impose legal obligations on the NNPCL to ensure proper management of public affairs and public funds.

The statement concluded: “These commitments ought to be fully upheld and respected.

“The missing oil revenue has also impeded Nigerians’ ability to enjoy their economic and social rights, and denied them access to essential public goods and services, especially at the time of the cost of living crisis in the country.

“Had the NNPCL accounted for and remitted the alleged missing N500 billion to the Federation Account, it is likely that more funds would have been allocated to the fulfillment of economic and social rights, such as increased spending on public goods and services.

“The Freedom of Information Act, Section 39 of the Nigerian Constitution, article 9 of the African Charter on Human and Peoples’ Rights, and article 19 of the International Covenant on Civil and Political Rights guarantee to everyone the right to information on the whereabouts of the missing N500 billion of oil revenue.”

No date has been fixed for the hearing of the suit.

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NARD Raises Alarm Over Exclusion From Specialist Allowance

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The Nigerian Association of Resident Doctors (NARD), has decried the continued exclusion of its members from payment of specialist allowance despite performing specialist functions in various health institutions across the country.
It also condemned the persistent casualisation and poor remuneration of members by chief executives of tertiary hospitals.
The President of the association in Akwa Ibom State, Dr Osundara Tope, raised the concerns while addressing a press conference where he read the communique issued at the end of the May ordinary meeting and scientific conference with the theme: “The Medical Profession: Policies, Politics, and Future Prospects,” held in Uyo at the weekend.
The communique was signed by the association’s President, Dr Osundara Tope, Secretary-General, Dr. Odunbaku Kazeem Oluwasola, and Public and Social Secretary, Dr. Amobi Omoha, respectively.
“The OGM observed with disappointment the continued exclusion of resident doctors from the payment of specialist allowances, despite their active role in delivering specialist care across various health institutions.
“The OGM strongly condemns the continued and persistent casualisation and the consequent poor remuneration of doctors by the chief executives of tertiary hospitals .The meeting also expressed disappointment over the non-payment of arrears from the upward review of the CONMESS salary structure and other outstanding salary arrears,” the communique read.
The association condemned federal government’s failure to pay the 2024 Accouterments Allowance arrears and persistent shortchanging of its members for the past 16 years due to absence of consequential adjustments to the CONMESS structure, which it noted was a breach of the 2009 Collective Bargaining Agreement.

He further expressed disappointment over lack of response to multiple correspondences on the issue, emphasising that such contradicts the National Policy on Health Workforce, which advocates improved incentives to retaining healthcare workers.
According to Tope, “The OGM notes with concern the persistent short-changing of members for 16 years, due to the absence of consequential adjustments to the CONMESS structure, in breach of the 2009 Collective Bargaining Agreement.
“This contradicts the National Policy on Health Workforce, which advocates improved incentives to retaining healthcare workers.
“The OGM is dismayed at the lack of response to multiple correspondences sent over the past six months regarding the consequential adjustments.The OGM condemns the Federal Government’s failure to pay the 2024 Accoutrement Allowance arrears.”
The meeting further expressed displeasure over the delay in addressing welfare issues in Obafemi Awolowo University Teaching Hospital including the non-payment of outstanding March 2024 salaries, the 7–14 months of arrears still owed to Residents and Medical Officers of the association
It therefore demanded immediate payment of the arrears of the 25/35% upwardly revised CONMESS, and other salary arrears and full implementation of consequential adjustments to the 2019 and 2024 minimum wage on basic salaries and allowances, along with accrued arrears.

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Piracy: Maritime Organisation Set To Deploy Men To Waterways 

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A  maritime security outfit, Active Marine Surveillance and Coast Guard Limited, says it is ready to deploy its men to ensure security across waterways in Rivers  State and Niger Delta.
The group which said this in an interview with newsmen in Port Harcourt also pledged to collaborate with the various security agencies to ensure safety on the state waterways.
Director General of the organisation, Commandant Godwin Amare, said the organisation cannot sit down and watch pirates take control of the  waterways in Rivers State and the Niger Delta region.
He said his group is planning to deploy its men to the Bonny, Bille and Degema rivers to check the activities of pirates
According to him, allowing pirates to take control of these waterways will not only affect the economy of Rivers State but the entire Niger Delta region.
He said the paramilitary organisation has the manpower to check piracy on the waterways but required the support of both the federal and state  governments  especially in the  provision of the necessary security equipment such as speed boats.
Amare said the organisation, which protects jetties and waterways from pirates is also involved in search and rescue operations ,adding that his organisation has competent divers who can undertake rescue operations, in deep waters.
“We cannot be sitting down here while our aims and objectives is not being fulfilled. “We want to tell the federal and state governments that we want to come out and join in the fight against sea piracy to make our waterways safe
“The Nigerian Navy cannot do it alone. We want to support the government by deploying our men across waterways in Rivers State and the Niger Delta so that it would be safer for people to travel on the waterways”, he said.
He said the government can assist the organisation by providing them with security boats and other instruments
Amare also disclosed plans by the organisation to embark on a tour of jetties across the region with a view to guaranteeing their safety.
Also speaking, Deputy Commandant, Active Marine Surveillance and Coast Guard Limited, Captain Dain Elekima, said all the creeks in the region need to be combed daily to flush out pirates.
He said his group has the required manpower but needs the support of both the state and federal governments to ensure safety on the waterways.

Speaking the director Finance and Operations Active Marine Surveillance and Coast Guard Limited Captain Emberro Michael said they are ready to work with the Nigerian Navy and Marine police to check all Incidences of insecurity along the waterways.

Captain Michael stressed the need for the federal and state governments to support the group.

By: John Bibor & Claire Julius

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Weeds Take Over Site Of Border Park In Cross River

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The Nigeria-Cameroon border motor park construction site is now overgrown with weeds.
Etung Local Government Area of Cross River State embarked on the project last January 2025 when they cleared the entire expanse of land and deployed machinery to commence construction work.
The international motor park site is situated along the Ikom-Mfum border road, a few distances into Cameroon.
There are outcries and worries by motorists, traders and international travellers who were initially excited over the project, given the volumes of trade and travels between the state and Cameroon Republic.
A visit to the site at the weekend showed how the site of the facility has been overtaken by bush and reptiles.
In an interview, a farmer on Effraya Road, Etomi, in the council area, Mr Anthony Attah, expressed sadness over the seeming abandonment of the project five months after it was commenced.
“I had considered the project a laudable one, and had commended the Council chairman, Henry Anom, for the initiative, considering the economic importance of such a park to the Local Government Area, taking advantage of the Cameroon borders.
“Barely four months after the excavation of the land, the place has become a bush again.”
A business man and cocoa farmer, Everlasting Eriom, also lamented the apparent discontinuation of the project which he believed, would have eased his tasks and boost his cocoa sales.
Eriom said, “Whatever are the reasons for the abandonment, let the administration of Henry Anom note that this is about the only visible project that would etch his name in history books and has the capacity to raking up Council internal revenues.”
Reacting in a statement, the Supervisor for Finance in the Etung Local Government Area, John Ogar explained that the project has been mired in controversy and legal tussle.
“The Executive Chairman of Etung Local Government Area, Henry Anom, conceived the initiative of giving Etung a unique Motor Park Facility as a border local government. Unfortunately barely days after excavating the site to kickstart actual development, we were slammed with a court injunction, as previous administration had given out the parcel of land without proper documentation to guide the current dispensation, so we can’t fight the court.
“We only have to obey the law while we fine-tune measures to have things work out.”

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