The Socio-Economic Rights and Accountability Project has urged Senate President Godswill Akpabio to direct the Public Accounts Committee to publish the identities of officials linked to the alleged ₦210 trillion unaccounted for in the Nigerian National Petroleum Company Limited (NNPCL).
In a letter dated March 21, 2026, and signed by its Deputy Director, Kolawole Oluwadare, the organisation called for full transparency in the ongoing probe, including the release of audit documents, financial records, official correspondences, and schedules of appearances by those under investigation.
SERAP also requested that detailed records of the committee’s proceedings, such as minutes, submissions, and evidence presented, be made accessible to the public.
“The allegations that ₦210 trillion is missing or unaccounted for can only be taken seriously if the Senate is fully transparent in its investigation,” the group said.
“Transparency would prevent perceptions of cover-ups, political compromise, or selective accountability, and help Nigerians assess the credibility of the claims.”
The Senate’s Public Accounts Committee is currently examining discrepancies in NNPCL’s financial records between 2017 and 2023.
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These include about ₦103 trillion linked to joint venture and operational expenses, as well as approximately ₦107 trillion in receivables, subsidies, and other obligations.
Audit findings reportedly revealed inconsistencies and missing documentation, prompting invitations to both current and former officials of the company.
However, concerns have grown as several invited individuals have either failed to appear or have not provided satisfactory explanations.
SERAP emphasised the need for a prompt and impartial process, warning that any delay could weaken accountability and erode public confidence.
“The magnitude of the alleged loss and NNPCL’s history of opaque practices demand that all discrepancies be fully examined, and those responsible held accountable,” SERAP said.
“Transparency and public access to records are essential to uphold the rule of law, protect Nigeria’s economic future, and restore public trust,” it added.
The organisation has given the Senate seven days to act on its demands or face possible legal action to enforce disclosure.