$20.2bn missing from NNPC since 1999 – Falana


Human rights lawyer Femi Falana SAN has accused the Nigerian National Petroleum Corporation (NNPC) of failing to remit over $20.2bn since the return of democracy in 1999 to date, saying that, “Instead of piling up external loans the federal government should be compelled by the Nigerian people to embark on the immediate recovery and repatriation of hundreds of billions of dollars from the NNPC.”

Femi Falana

Falana was speaking today in Lagos at a National Seminar on Promoting Transparency and Accountability in the Recovery of Stolen Asset in Nigeria: Agenda for Reform organized by Socio-Economic Rights and Accountability Project (SERAP) in collaboration with the Ford Foundation, USA.

According to Falana, “Transparency and accountability are interconnected to the application of economic, political and administrative management of the affairs of a state. The exercise of these…

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