SERAP sues Tinubu over failure to probe missing $15bn, N200bn oil revenues

Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Bola Tinubu over what it said is the failure to probe allegations that over US$15 billion oil revenues, and N200 billion budgeted to repair the refineries in Nigeria were missing and unaccounted for between 2020 and 2021.

The allegations are contained in the 2021 report by the Nigeria Extractive Industries Transparency Initiative (NEITI).

In the suit number FHC/L/CS/2334/2023 filed last Friday at the Federal High Court in Lagos, SERAP is seeking: “an order of mandamus to direct and compel President Tinubu to probe the allegations that US$15bn of oil revenue, and N200bn budgeted to repair and maintain the refineries in Nigeria are missing and unaccounted for.”