Socio-Economic Rights and Accountability Project (SERAP) has urged the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari to account for and explain the whereabouts of the alleged missing Eight Hundred and Twenty-five Billion Naira and Two point five Billion Dollars meant for ‘refinery rehabilitation’ and other oil revenues, as documented in the 2021 annual report by the Auditor-General of the Federation.
SERAP said the annual report was published on Thursday 27 November 2024.
These demands are contained in a letter by SERAP’s Deputy Director, Olawole Oluwadare to the Group Chief Executive Officer of the NNPCL.
SERAP urged Mr Kyari to identify those suspected to be responsible for the disappeared oil money and hand them over to the Independent Corrupt Practices and Other Related Offences Commission and the Economic and Financial Crimes Commission.
SERAP also urged him to formally invite former president Olusegun Obasanjo to tour Nigeria’s refineries and to extend his invitation to the EFCC and ICPC to monitor the operations of the refineries, and any spending on them, including the Port Harcourt and Warri refineries.