Compel NNPCL to remit $34.2b to federation account, Falana tells finance minister

Human rights lawyer and a Senior Advocate of Nigeria (SAN), Femi Falana, has called on Minister of Finance, Olawale Edun, to direct Nigerian National Petroleum Company Limited (NNPCL) to remit $34.2 billion to the federation account, being money received on behalf of the government from Nigeria LNG Limited (NLNG) between 2004 and 2021.

Falana also threatened to file a suit at the Federal High Court for immediate recovery of the sum from NNPCL, if it refuses to make the remittance.

This was contained in a letter written to the minister, dated October 25, 2023.

He noted that on April 27, 2019, the Senate committee on public accounts held a public hearing on revenue generation drive for the 2021-2023 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP).