NNPCL’s N7.1tn question: Why transparency must follow the money
13 trillion energy security expense is therefore better understood as a corporate governance and public accountability question, rather than automatically as a corruption case.13 trillion recorded by the Nigerian National Petroleum Company Limited (NNPC Ltd) as an energy-security expense in 2024 has reignited familiar questions about the national oil company’s financial accountability.
Whether the issue is energy security expenditure, an accounting discrepancy, a disputed reconciliation or an alleged diversion of funds, the public deserves to know what the money represents, where it came from, where it went and which institutional controls governed the process.
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