SERAP wants NNPC queried over $49.8bn oil money


The President of the Federal Republic of Nigeria,President
Goodluck Jonathan has been urged by The Socio-Economic Rights and
Accountability Project to query the Nigerian National Petroleum over its
alleged failure to remit $49.8bn to the Federation Account between 2012 and

The organisation also asked the President to mark
the International Anti-corruption and Human Rights Day by “publicly announcing
to Nigerians what he is doing to find the missing funds and to bring suspected
perpetrators to justice.”
Meanwhile, the Central Bank Governor, Sanusi
Lamido, had complained to Jonathan that the funds which accrued from crude oil
lifting during the period were not remitted to the CBN.
In the letter, Sanusi reportedly recommended to
the president to require NNPC to provide evidence for the disposal of all
proceeds of crude sales diverted from the CBN and Federation Account, and
authorise the prosecution of suspects.
In a statement issued by SERAP Executive Director,
AdetokunboMumuni, the organisation said, “This case provides the President a
rare opportunity to show that he is truly committed to the fight against
The group said Jonathan could show his commitment
to the fight against corruption by declaring his assets; prosecuting those
responsible for the missing $49.8bn; setting a deadline for prosecuting all
outstanding cases of corruption, among others.
It added, “We urge the government to free
millions of Nigerians from the yoke of corruption and poverty. We hope the
President can work to make this a reality.”
Contributed by : Justice .O. Nwaneri


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1 Comment on "SERAP wants NNPC queried over $49.8bn oil money"

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Favour E. Onyema
Favour E. Onyema

Yeah!…Dia u ar!….If he truly fights against corruption, let him prove it…..Our able Mr President!…This z d chance for him, if so.


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