Disclose how much oil Nigeria produces, exports, SERAP tells NNPC

 Disclose how much oil Nigeria produces, exports, SERAP tells NNPC

Socio-Economic Rights and Accountability Project (SERAP) has urged the Group Chief Executive Officer of Nigerian National Petroleum Company (NNPC) Limited, Mr Mele Kolo Kyari, to publish details of barrels of oil Nigeria produces and exports every day and revenues generated from oil since the removal of subsidy on petrol in May 2023.

SERAP urged him to disclose how much of the revenues generated from oil have been remitted to the public treasury since the removal of subsidy on petrol.

The organisation also urged him to disclose details of payment of N11 trillion as subsidy, and to clarify allegations that the NNPCL has failed to remit revenues generated from oil to the public treasury since the removal of subsidy on petrol.

In the letter at the weekend, signed by SERAP Deputy Director, Kolawole Oluwadare, the organisation said there is a legitimate public interest in disclosing the information sought.