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What really happened to ₦5.9bn? SERAP drags NNPCL to Court

The Socio-Economic Rights and Accountability Project (SERAP) has instituted legal action against the Nigerian National Petroleum Company Limited (NNPCL), seeking judicial intervention to compel the state-owned oil company to account for an alleged ₦5.9 billion spent on its incorporation, transition and rebranding from the Nigerian National Petroleum Corporation (NNPC) to NNPCL.