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SERAP Sues NNPCL Over Alleged Failure To Account For Missing N825bn, $2.5bn

The Socio-Economic Rights and Accountability Project (SERAP) has dragged the Nigerian National Petroleum Company Limited (NNPCL) to the Federal High Court in Lagos over its alleged failure to provide an account for an estimated N825 billion naira and $2.5 billion in public funds. These funds were reportedly allocated for refinery rehabilitation and other oil-related revenues.
According to a statement issued by SERAP’s Deputy Director, Kolawole Oluwadare, on Sunday, the lawsuit (FHC/L/MISC/722/25), filed last Friday, is predicated on findings detailed in the 2021 audited report by the Auditor-General of the Federation, Adolphus Aghughu, which was made public on November 27, 2024.
The legal action also comes amidst renewed public skepticism regarding the state of Nigeria’s refineries. Just last week, Aliko Dangote, President of Dangote Group, openly expressed doubts that the NNPCL’s refineries would ever operate effectively again, despite an estimated $18 billion having already been spent on them over the years. This sentiment echoes previous concerns raised by former President Olusegun Obasanjo regarding the NNPC’s capacity to manage the refineries.
SERAP is seeking several court orders: Mandamus to compel the NNPCL to account for and explain the whereabouts of the missing N825 billion naira and $2.5 billion of public funds designated for refinery rehabilitation and repairs.
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Mandamus to compel the NNPCL to recover and return these missing funds to the federation account.
Mandamus to compel the NNPCL to identify those responsible for the missing oil money, surcharge them for the full amount involved, and hand them over to appropriate anti-corruption agencies for investigation and prosecution.
In its suit, SERAP argued that the “grim allegations by the Auditor-General (and Mr Aliko Dangote) suggest a grave violation of the public trust and the provisions of the Nigerian Constitution, national anticorruption laws, and the country’s international human rights and anticorruption obligations.”
The organization contended that “granting the reliefs sought would strike a blow against the impunity of those responsible for the missing oil money meant to repair the country’s refineries and ensure that the money is returned for the sake of NNPCL’s victims—Nigerians.”
SERAP emphasised that these alleged financial irregularities have “undermined the economic development of the country, trapped the majority of Nigerians in poverty, and contributed to high levels of deficit spending by the government.”
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The lawsuit, filed by SERAP’s lawyers, Kolawole Oluwadare, Ms. Oluwakemi Oni, and Ms. Valentina Adegoke, further detailed the Auditor-General’s findings. These include — Over N82.95 billion ($82,951,595,510.47) “deducted from the sale of Crude Oil and Gas between 2020 and 2021” for “refinery rehabilitation and repairs” without proper authorization. The AGF “fears that the money may be missing” and recommends its recovery.
Over N343.64 billion ($343,642,598,726.51) “being proceeds from domestic crude sales,” unilaterally deducted for “pipelines maintenance and management costs.” The AGF “fears the money may have been diverted” and calls for its recovery and the prosecution of those involved.
Over N83.65 billion ($83,659,813,739.99) “being miscellaneous income from the NNPC joint venture operations from 2016 to 2020,” withdrawn from a “CBN/NNPC sinking fund account.” This practice, the AGF noted, “has led the Federation to resort to borrowings.”
Over N204.85 billion ($204,853,744,047.39) “being unjustified deductions from the oil royalties for 2021,” originally due to the Department of Petroleum Resources (now NUPRC). The AGF “fears the money may have been diverted.”
Over N3.74 billion ($3,748,581,281.27) “purportedly paid to a Company as a shortfall on sales of MT cargo of PMS,” which the AGF “fears the money may be missing.”
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Over N28.65 billion ($28,654,179,867.00) “being outstanding bridging allowance from NNPC retail for 2021,” and over N13.55 billion ($13,555,965,814.91) “being outstanding bridging allowance claims from three major oil marketers in 2021.” The AGF is concerned this “may have resulted in difficulty in funding the 2021 budget.”
Over N15 billion ($14,134,947,949.80 and $1,087,533,332.62) “being outstanding revenues from debts owed by twenty-six marketers for 2021.”
Over $29.64 million ($29,648,970.36) “being outstanding royalties payable to the Department of Petroleum Resources CBN account.”
Uncollected outstanding oil royalties of over $2.26 billion ($2,260,448,992.45) and N48.21 billion ($48,218,163,192.67) from oil companies for 2021. The AGF “fears that the money may be missing” and notes this “may have resulted in difficulty in funding the 2021 budget.”
No date has been fixed yet for the hearing of the suit as of the time of this report.
(TRIBUNE)
News
IELTS Speaking: How Nigerian Candidates Can Improve Their Band Score

For most Nigerian candidates applying to study, work or migrate abroad, the IELTS Speaking test is the single most nerve-wracking 11 to 14 minutes of the entire exam.
Unlike Listening or Reading, there is no answer sheet to fall back on, and the pressure of speaking directly to a trained examiner can make it easy to freeze or, just as damagingly, over-prepare until you sound robotic.
The good news is that the test is graded against four public, named criteria, rather than a vague impression of how confident you sounded. Understanding exactly what each criterion rewards can therefore be one of the fastest ways to improve your band score.
Understand what the examiner is listening for
Every Speaking test is scored equally across four categories: Fluency and Coherence, Lexical Resource, Grammatical Range and Accuracy, and Pronunciation, each worth 25 percent of the final band.
Fluency and Coherence measures whether you can keep talking without excessive hesitation, and whether your ideas connect logically rather than jumping around.
Lexical Resource measures the range and precision of your vocabulary, including whether you can paraphrase a question instead of repeating the examiner’s own words back at them.
Grammatical range and accuracy looks at how varied and accurate your sentence structures are, from simple statements to more complex clauses using words like although, because, or if.
Pronunciation covers clarity, stress, and intonation, not whether you sound like a native speaker from a particular country.
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This last point matters enormously for Nigerian candidates specifically: a Nigerian accent does not lower your score. IELTS examiners are trained to assess intelligibility, not accent neutrality, and both the British Council and IELTS Australia explicitly confirm that speaking with an accent is not penalised as long as your pronunciation is clear enough to be understood without strain.
What actually costs marks is mumbling, running words together so meaning is lost, or shifting stress patterns so unpredictably that the examiner has to work to follow you. Focus your practice on clarity, not on erasing an accent that was never the problem.
Never memorise answers
One of the biggest mistakes candidates can make in the Speaking test is relying on a memorised response, particularly in Part 2, the two-minute monologue based on a task card.
Examiners listen to many candidates and are trained to recognise rehearsed language, whether it is a pre-written answer or a generic template adapted to whatever topic appears.
A scripted answer can sound stiff, contain unnaturally advanced vocabulary that does not match the rest of the candidate’s speech, or ignore the specific details of the task card in favour of prepared content.
When an examiner detects this, it can affect your Fluency and Coherence score because genuine coherence comes from responding directly to what was asked, rather than delivering a monologue prepared in advance.
The solution is not to avoid preparation. Instead, prepare a structure rather than memorising sentences.
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For Part 2, practise a flexible structure that covers the setup, specific details, a turning point or reflection, and what you think about the subject now. Then fill that structure with fresh details based on the topic you receive on test day.
This gives you the organisation examiners reward without the unnatural delivery of a memorised script.
Use natural fillers and steady pace, not dramatic slowdown
It is perfectly acceptable to pause briefly to think. Natural fillers such as “That’s an interesting question” or “Let me think about that” can give you time to organise a more complex response without necessarily costing you marks.
Used sparingly, such phrases can sound like normal discourse markers rather than signs of weakness.
However, dramatically slowing down your speech to avoid mistakes is not a good strategy.
Multiple examiner-facing sources emphasise that speaking too slowly can be just as problematic as speaking too quickly. Fluency and Coherence partly involve how naturally your language flows, and an overly cautious pace can make your speech sound unnatural or uncertain.
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The target is a steady, natural pace — similar to how you would explain something to a friend. You do not need to race through your answers, but you also should not deliberately stretch every sentence.
If you genuinely do not understand a question, do not guess or pretend you do. Politely asking the examiner to repeat or rephrase the question is explicitly stated by the British Council to have no effect on your score.
That is safer than answering a question you did not understand, because an irrelevant or confused response can affect your coherence more than a brief request for clarification.
Use idioms only when they actually fit
Rare or idiomatic vocabulary can contribute to a strong Lexical Resource score, as the official descriptors reward the natural use of less common and idiomatic vocabulary.
The key word, however, is naturally.
Using an idiom simply because you memorised it from a study list can work against you if it does not fit the context, is mispronounced or sounds rehearsed.
An expression that is forced into an answer can make your speech sound unnatural and may suggest that you are relying on memorised language rather than demonstrating genuine vocabulary range.
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One or two well-placed idiomatic expressions used correctly and naturally can therefore be more useful than filling your answers with several memorised phrases.
If you are not confident about an expression or it does not come to you naturally, use a clear, simple sentence instead. A natural response is preferable to a complicated phrase that is confused, forced or mispronounced.
FAQs
Does a strong Nigerian accent negatively impact an applicant’s final IELTS speaking score?
No. Examiners assess pronunciation for clarity and intelligibility, not for how closely you sound like a native speaker of a specific variety of English. A Nigerian accent is not penalised as long as your speech is clear enough to be easily understood; unclear articulation or unpredictable stress patterns are what actually cost marks, regardless of accent.
What should a candidate do if they completely misunderstand the examiner’s question?
Ask the examiner to repeat or rephrase it. This is explicitly permitted and, according to the British Council, does not affect your score. Guessing at an answer to a question you didn’t understand is far riskier, since it can produce an off-topic or confused response that damages your Coherence score.
How does using rare idioms correctly boost the Lexical Resource score in the IELTS exam?
Correctly used idiomatic language demonstrates the range and flexibility that the official Band 7 and above descriptors specifically call for, which can meaningfully lift a Lexical Resource score. The key word is correctly: a forced, mispronounced, or contextually awkward idiom has the opposite effect, since examiners are trained to notice when an expression sounds rehearsed or doesn’t fit the sentence around it.
(TRIBUNE)
News
Group Commends COREN For Training Engineers In Engineering Failure, Forensic Investigation In Nigeria

Foundation for the Development of Shira Community (FODESCO) in Shira Local Government Area of Bauchi state has commended the Council for the Regulation of Engineering in Nigeria (COREN) for conducting a pioneer training on Engineering Failure and Forensic Investigation (EFFI) for 50 licensed engineering practitioners across the country.
Engr. Shehu Wakili, the Chairman of the Foundation made the commendation in an interview with newsmen on Friday.
According to him, the training which was conducted by COREN in collaboration with the Nigerian Building and Road Research Institute (NBRRI) and the Chartered Institute of Forensic and Certified Fraud Investigators of Nigeria (CIFCFIN), was to equip engineers and professionals from academia, industry, and government MDAs with practical skills to investigate infrastructure failures and prevent recurring building collapses.
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He added that the training was also to build a pool of trained specialists who could investigate building collapses and other engineering failures, determine their root causes, and recommend measures to prevent recurrence, saying that the trainees would form part of a register of trained and certified forensic engineering investigators.
He further lauded COREN for the subsequent induction of its member, Engr. Abdullahi Muhammad MNSE, who among the 50 participants, hails from Bauchi state as a Chartered Engineering Forensic and Failure Investigator (CEFFI), certified by CIFCFIN.
“FODESCO is proud of him and wishes him well in all his endeavours”, he prayed.
Wakili, also the Chairman, Nigerian Society of Engineers (NSE), Bauchi state chapter, revealed that the training covered failure analysis, forensic investigation methodologies, risk assessment, and professional reporting.
“This initiative supports broader efforts by COREN and the National Assembly to enforce stricter building codes, identify quackery, and ensure accountability across the construction sector,” he said.
News
NBS: Lagos, Rivers, Enugu Top List As States Generated N5.15trn In 2025

The National Bureau of Statistics (NBS) has disclosed that 36 states and the FCT generated a total of ₦5.15 trillion in 2025, indicating a growth rate of 40.93 percent from ₦3.65 trillion recorded in 2024.
NBS stated on Thursday citing the Nigeria Revenue Service ( NRS) as source of its information that Lagos emerged top on the list of states with the highest revenue generation in the sum of ₦1.77 trillion.
“Followed by Rivers state ₦428.42 billion and Enugu with IGR record of ₦406.77 billion in the period referenced.”
The. Bureau said Yobe, Ebonyi and Sokoto states reported the least revenues with ₦16.01 billion, ₦17.18 billion and ₦20.48 billion, respectively.
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According to NBS, Pay As You Earn (PAYE) was the most tax revenue recorded during the period, valued at ₦2.64 trillion, representing 69.51 percent of the total tax revenue collected, while capital gains tax was the least with ₦12.40 billion while the share of total tax revenue to total IGR was 73.64 percent nationally.
“Other states and their share of IGR are FCT – N356.34 billion, Ogun – N252.36 billion, Delta – N202.49 billion, Edo – N132.21 billion, Oyo – N103.25 billion and Kano – N102.26 billion.
“Ten other states in lowest category of IGR include Yobe – N16.01 billion, Ebonyi – N17.18 billion, Sokoto – N20.48 billion, Taraba – N28.16 billion ; Benue – N29.57 billion, Zamfara – N30.07 billion, Kebbi – N31.23 billion, Nasarawa – N32.57 billion, Adamawa – N33.76 billion andcBorno – N36.36 billion “.
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NBS noted that the states generated their most and least revenue from taxes and other government sources. “PAYE was the dominant revenue source nationally, generating N2.64 trillion and accounting for 69.51% of total tax revenue for the year.
“Other sources included direct assessment, road taxes, stamp duties, withholding taxes and capital gains tax, which was the smallest contributor at N12.40 billion,” the Bureau stated.
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