News
Probe Missing $15bn, N200bn Of Oil Revenues, SERAP Tells Tinubu

Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to “set up a presidential panel of enquiry to promptly probe the grim allegations that over US$15 billion of oil revenues, and N200 billion budgeted to repair the refineries are missing and unaccounted for between 2020 and 2021, as documented by the Nigeria Extractive Industries Transparency Initiative (NEITI).”
SERAP urged him to “name and shame anyone suspected to be responsible for the missing and unaccounted for public funds and to ensure their effective prosecution as well as the full recovery of any proceeds of crime.”
SERAP also urged him “to fully implement all the recommendations by NEITI in its 2021 report, and to use any recovered proceeds of crime.”
In the letter dated 23 September 2023 and signed by SERAP deputy director Kolawole Oluwadare, the organisation said: “There is a legitimate public interest in ensuring justice and accountability for these serious allegations. Taking these important measures would end the impunity of perpetrators.”
SERAP said, “As President and Minister of Petroleum Resources, your office ought to be concerned about these damning revelations, by getting to the bottom of the allegations and ensuring that suspected perpetrators are promptly brought to justice, and any missing public funds fully recovered.”
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The letter, read in part: “Any failure to investigate these grave allegations, bring suspected perpetrators to justice and recover any missing public funds would have serious resource allocation and exacerbate the country’s debt burden.”
“It would also create cynicism, suspicion, and eventually citizens’ distrust about the ability of your government to combat high-level official corruption, as well as deter foreign investment and limit growth and development.”
“We would therefore be grateful if the recommended measures are taken within seven days of the receipt and/or publication of this letter. If we have not heard from you by then, SERAP shall consider appropriate legal actions to compel your government to comply with our request in the public interest.”
“The findings by NEITI suggest a grave violation of the public trust and the provisions of the Nigerian Constitution 1999 [as amended], national anticorruption laws, and the country’s obligations under the UN Convention against Corruption.”
“The allegations of corruption documented by NEITI undermine economic development of the country, trap the majority of Nigerians in poverty and deprive them of opportunities.”
READ ALSO: Fuel Subsidy: ‘Suspend Disbursement Of $800m Loan To FG’, SERAP Tells World Bank
“Your government has a constitutional duty to ensure transparency and accountability in the spending of the country’s wealth and resources.”
“According to the 2021 report by the Nigeria Extractive Industries Transparency Initiative (NEITI), government agencies including the Nigerian Petroleum Development Company (NNPC) and the Nigerian Upstream Petroleum Regulatory Commission (NPDC) failed to remit $13.591 million and $8.251 billion to the public treasury.”
“The NNPC and NPDC failed to remit over 70% of these public funds. NEITI wants both the NNPC and NPDC to be investigated, and for the missing public funds to be fully recovered.”
“The report also shows that in 2021, the State Owned Enterprises (SOE) and its subsidiaries (the NNPC Group) reportedly spent US$6.931billion on behalf of the Federal Government but without appropriation by the National Assembly. The money may be missing.”
“The NNPC also reportedly obtained a loan of $3 billion in 2012 purportedly to settle subsidy payments due to petroleum product marketers but there is no disclosure of the details of the loan, subsidy and the beneficiaries of the payments.”
READ ALSO: SERAP Sues Tinubu Over ‘Failure To Probe Missing $2.1bn, N3.1trn of Subsidy Payments’
“The report also shows that N9.73 billion was paid to the NNPC as pipeline transportation revenue earned from Joint Venture operations but the money was neither remitted to the Federation nor properly accounted for. The NPDC in 2021 also failed to remit $7.61 million realized from the sale of crude oil.”
“The report documents that about N200 billion was spent on refineries rehabilitation between 2020 and 2021 but “none of the refineries was operational in 2021 despite the spending.’ NEITI wants the spending to be investigated, as the money may be missing.”
“Section 13 of the Nigerian Constitution 1999 [as amended] imposes clear responsibility on your government to conform to, observe and apply the provisions of Chapter 2 of the constitution. Section 15(5) imposes the responsibility on your government to ‘abolish all corrupt practices and abuse of power’ in the country.”
“Under Section 16(1) of the Constitution, your government has a responsibility to ‘secure the maximum welfare, freedom and happiness of every citizen on the basis of social justice and equality of status and opportunity.’”
“Section 16(2) further provides that, ‘the material resources of the nation are harnessed and distributed as best as possible to serve the common good.’”
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“Similarly, articles 5 and 9 of the UN Convention against Corruption also impose legal obligations on your government to ensure proper management of public affairs and public funds, and to promote sound and transparent administration of public affairs.”
“The UN Convention against Corruption and the African Union Convention on Preventing and Combating Corruption to which Nigeria is a state party obligate your government to effectively prevent and investigate the plundering of the country’s wealth and natural resources and hold public officials and non-state actors to account for any violations.”
“Specifically, article 26 of the UN convention requires your government to ensure ‘effective, proportionate and dissuasive sanctions’ including criminal and non-criminal sanctions, in cases of grand corruption.”
“Article 26 complements the more general requirement of article 30, paragraph 1, that sanctions must take into account the gravity of the corruption allegations.”
“Nigeria is also a participating state of the Extractive Industries Transparency Initiative (EITI), which aims to foster greater governmental accountability for the use of natural resource wealth through the creation of a set of international norms on revenue transparency.”
“EITI also aims to tackle corruption, poverty and conflict associated with natural resource wealth. Nigeria has the obligations to implement the EITI Standard, which sets out the transparency norms with which participating States including Nigeria must comply.”
News
Otuaro Tasks Media On Objective Reportage

The Administrator, Presidential Amnesty Programme (PAP) Dr. Dennis Otuaro has charged media practitioners particularly members of the Ijaw Publishers’ Forum to promote ethical journalism through their reportage.
He gave the charge in Warri on Wednesday during the 2nd Annual Ijaw Media Conference organised by the Ijaw Publishers’ Forum (IPF).
Represented by Princewill Binebai, spokesman, Ijaw Youth Council (IYC) Worldwide, Otuaro while stating that the Niger Delta stories have been told in such a way that is quite different from what is obtainable in the real sense, said this, IPF must do everything possible to correct.
The administrator added: “I am happy that Ijaw journalists have boldly come out together to champion the Ijaw struggle in a very dynamic perspective”.
READ ALSO:IPF Hosts Media Conference, Seeks Protection For N’Delta Environment
“The Ijaw story was misrepresented over the years, but IPF’s emergence had corrected this error and the story is gradually changing for better.”
Otuaro, however, challenged Ijaw media practitioners to be objective, truthful, accurate and fearless in their reportage to correct many years anomalies of the Ijaw struggle.
He admonished members of IPF to see themselves as brothers and love one another in the discharge of their activities to achieve a common goal.
News
Police Confirm Edo Tanker Explosion, say No Casualty

The Edo State Police Command has confirmed tanker explosions that rocked Auchi, the administrative headquarters of Etsako West Local Government Area of the state.
The Command’s Police Publice Relations Officer, Eno Ikoedem, who confirmed the incident via the phone, said the explosion occurred at about 6:30 p.m. following the fall of a fuel tanker along the road.
Ikoedem said the incident occurred on Wednesday evening at about 6:30 p.m. following the fall of a fuel tanker along the road.
READ ALSO:Edo SSG Calls On Media To Support Govt Policies, Assures Better Welfare
She explained that spilled fuel seeped into underground tunnels, which later ignited and caused three explosions in different parts of the Auchi community.
According to her, officers from the Auchi Divisional Police Headquarters and the Area Command were mobilised to the affected areas and successfully cordoned them off to prevent loss of lives.
She added: “No casualty was recorded. Our men on ground were able to cordoned the affected areas.”
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It was gathered that three separate explosions rocked the town simultaneously in different parts, which led to properties worth millions of naira destroyed.
A resident who does not want his name in print said via the telephone that the blasts occurred along Igbei Road, Igbo Shade, and along the Auchi–Okene Road, close to Winners Junction.
The resident, who alleged the explosions appeared to have been coordinated, called for a thorough investigation into the incident to prevent future occurrences.
Calls put across to Mr. Monday Edogiawere, Chairman, Red Cross, Edo State, were not picked.
News
IPF Hosts Media Conference, Seeks Protection For N’Delta Environment

The Ijaw Publishers’ Forum (IPF) on Wednesday , December 17, 2025 held its annual media conference in Warri, Delta State, where the media practitioners sought protection of the Niger Delta’s natural resources and environment for future generations.
In his welcome address at the conference themed: ‘Safeguarding the Niger Delta Natural Resources for Future Generations,’ IPF President, Comrade Austin Ozobo, while emphasising the importance of protecting the Niger Delta’ environment and resources, highlighted the devastating impact of oil theft, environmental pollution, exploitation by oil companies, federal government and deforestation on the region.
He called on oil exploration companies to prioritize the well-being of the people and the environment.
Comrade Austin also provided a brief history of the IPF, which was formed in October 2023 to promote the Ijaw struggle and its identity.
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He noted that the IPF has made significant strides in telling the Ijaw story and advocating for the rights of the Ijaw nation.
Ozobo, who noted that the conference was aimed at addressing the challenges facing the Niger Delta region and find solutions to safeguard its natural resources for future generations, said: “We must stop oil theft, environmental pollution which has destroyed fishing and farming activities or occupation in our region. We must equally stop deforestation and waste of other forest and aquatic resources. Our resources are our future. Our environment is our wealth. Pollution does not just affect our environment but it shortens our life span. Stealing our crude or sabotaging it, is as well as stealing our common wealth, invariably creating poverty, unemployment and lack of opportunities in our region. This message largely affects our oil exploration companies. The IOC and indigenous oil companies management should stop exploitation and deliberate environmental pollution if our well-being should be prioritized”.
“We have proactively told the Ijaw story in all dimensions, we have propagated and seamlessly advocated for the struggle of the Ijaw nation. We have actively defended the Ijaw nation from willful blackmails, people who are hellbent to hand twist, incite government, its military against Ijaw nation to jeopardise Ijaw identity. This is not to entertain you but well-meaning leaders, stakeholders and youths could attest to it”.
READ ALSO:IPF Holds Annual Ijaw Media Conference December
“There is no gainsaying that IPF has balanced the equilibrium, the Ijaw nation is now more significant in the media industry than ever, there is now a checks and balances between those who bastardise our collective image or identity in the name of telling our story. We have corrected many such narratives and we will continue to put a stop to it. I can assure you that the rate at which the foreign papers battered our identity have reduced to the barest minimum since we took charge and made Ijaw significant in the media industry”
“The Yoruba has their media houses, Hausa has its own, Igbo has, Itsekiri has, Urhobo has, so the commitments and efforts made by brilliant Ijaw sons and daughters to strengthen Ijaw presence in the media industry should be encouraged by all well-meaning Ijaw leaders and critical stakeholders. Our mission and visions are to defend, advocate, propagate Ijaw/Niger Delta self-determination struggle and build dependable media houses for the Ijaw nation in no distance time. So that when all papers and broadcasting stations will show patriotism to their origins, political Godfathers and hand twisted governments in the unforeseen dark days, Ijaw nation will not be left in the rain and sun to be battered”.
READ ALSO:Ex-Nigerian Amb., Igali, To Deliver Keynote Address As IPF Holds Ijaw Media Conference
The conference was attended by prominent guests, including High Chief Dennis Otuaro, Administrator of the Presidential Amnesty Programme, and RT. Hon. Emomotimi Guwor, Speaker of the Delta State House of Assembly, Chief Lawuru Promise, Amb. Godknows Igali, Pandef National leader, Chief Oyakemeagbegha Izinebi, INC publicity Secretary, Chief Wellington Bobo, Chief Emmanuel Amgbaduba former commissioner of oil and gas, Delta State, Chief Udens Eradiri, IYC spokesman Princewill Binebai, Ijaw women Rights’ Protection Forum IWRPF, Ijaw women in politics, for peace and Culture, Ayakoromo ladies, President Amnesty students leadership and others.
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