SERAP Asks Tinubu To Probe Missing $15Billion In Oil Revenue, N200Billion Meant For Refinery Repairs
The Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to investigate allegations that over $15 billion in oil revenue and N200 billion budgeted to repair refineries are unaccounted for.
The organisation asked the President to “set up a presidential panel of enquiry to promptly probe the grim allegations that over US$15 billion of oil revenues, and N200 billion budgeted to repair the refineries are missing and unaccounted for between 2020 and 2021, as documented by the Nigeria Extractive Industries Transparency Initiative (NEITI).”
SERAP urged him to “name and shame anyone suspected to be responsible for the missing and unaccounted for public funds and to ensure their effective prosecution as well as the full recovery of any proceeds of crime.”
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