SERAP sues NNPCL over ‘failure to account for ₦5.9 billion rebranding cost’ (opens original article in a new tab)

SERAP has filed a lawsuit against NNPCL, alleging failure to account for ₦5.9 billion spent on rebranding NNPC to NNPCL, seeking transparency and accountability in the expenditure.

• SERAP sues NNPCL over failure to account for ₦5.9 billion rebranding cost
• NNPCL allegedly spent ₦5.9 billion on incorporation and transition expenses
• SERAP seeks court order for detailed financial reconciliation and disclosure of officials involved