Nigerian Senate

In the News Markets Oil & Gas
Senate Orders NNPCL to Refund ₦210 Trillion as Nigerians Question Transparency in Oil Revenue

by Oluwatosin Racheal Alabi November 12, 2025

by Oluwatosin Racheal Alabi November 12, 2025

KEY POINTS The Nigerian Senate has ordered the Nigerian National Petroleum Company Limited, NNPCL, to refund ₦210 trillion to the Federation Account after rejecting the company’s explanations over the unaccounted …
In the News Oil & Gas
Skepticism Mounts as Senate Probes Trillions in Refinery Funds

by Adenike Adeodun October 30, 2023

by Adenike Adeodun October 30, 2023

The Senate’s recent move to reclaim the alleged N11.3 trillion spent on Turn Around Maintenance (TAM) for the nation’s defunct refineries has drawn skepticism from civil society organizations, oil and …