The Socio Economic Rights and Accountability Project has called on Senate President Godswill Akpabio to ensure full transparency in the ongoing probe into the alleged ₦200 trillion missing from the Nigerian National Petroleum Company Limited.
In a letter dated March 21, 2026, signed by its Deputy Director, Kolawole Oluwadare, the organisation urged the Senate to direct its Public Accounts Committee to publish the names and designations of all officials implicated in the financial discrepancies, regardless of their political or social standing.
SERAP emphasized that the Committee should also disclose full details of its investigation, including audit reports, financial records, and official communications used in the probe. It further demanded that timelines be made public for when implicated individuals will appear before the panel and when the investigation will be concluded.
The Senate Public Accounts Committee is currently investigating claims that about ₦200 trillion is unaccounted for in NNPCL accounts between 2017 and 2023. Concerns have been raised over unreconciled figures, missing documentation, and the failure of several officials to appear before the committee or provide satisfactory explanations.
According to SERAP, transparency is critical to maintaining public trust and preventing any perception of political interference or cover up. The organisation noted that whether the allegations are fully accurate or partly exaggerated, Nigerians deserve access to verifiable facts to assess the credibility of the claims.
SERAP also urged the Senate to publish complete records of proceedings, including minutes, submissions, and evidence presented, to allow independent scrutiny by the public and oversight institutions.
The group warned that continued delays in the investigation risk undermining confidence and could lead to loss or distortion of key evidence. It added that the long standing opacity surrounding NNPCL operations has made accountability more urgent.
SERAP gave the Senate a seven day deadline to act, threatening legal action if its demands are not met.
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