The Socio-Economic Rights and Accountability Project has called on Senate President Godswill Akpabio to direct the Senate Public Accounts Committee to disclose the identities and positions of officials allegedly involved in the reported ₦200 trillion missing or unaccounted for from the Nigerian National Petroleum Company Limited.
In its appeal, SERAP also urged the committee to make public key details of the ongoing probe, including audit reports, financial documents, official correspondences, and timelines for when those implicated are expected to appear, as well as when the investigation will be concluded.
The group further demanded full transparency in the process, asking that complete records of proceedings—such as minutes, submissions, and evidence—be released to enable Nigerians independently assess the credibility of the investigation.
The Senate committee is currently probing claims that about ₦200 trillion may be missing from NNPCL’s accounts between 2017 and 2023, amid concerns over discrepancies, unreconciled figures, and insufficient documentation.
Several officials have reportedly failed to honour invitations or provide satisfactory explanations.
In a letter dated March 21, 2026, and signed by its Deputy Director, Kolawole Oluwadare, SERAP stressed that transparency is critical to ensuring accountability, preventing political interference, and restoring public trust.
According to the organisation, the scale of the alleged funds—whether fully accurate or exaggerated—can only be taken seriously if the Senate conducts an open and credible investigation.
It warned that secrecy could fuel suspicions of a cover-up or political compromise.
SERAP also highlighted the need for timely action, noting that prolonged delays in the probe risk weakening public confidence and could lead to loss or distortion of key evidence.
It added that the longstanding opacity surrounding NNPCL’s financial operations makes a thorough and transparent investigation even more urgent.
The organisation gave the Senate a seven-day deadline to act on its recommendations, warning that it would pursue legal measures if there is no response.
It further noted that repeated failures by NNPCL officials to appear before the committee have heightened tensions with lawmakers and raised broader concerns about accountability in the management of Nigeria’s resources.