SERAP urges Tinubu to probe ₦5.9bn spent on NNPC rebranding

The Socio-Economic Rights and Accountability Project has called on Bola Ahmed Tinubu to investigate the reported ₦5.9 billion allegedly spent on the rebranding of the Nigerian National Petroleum Company Limited.

SERAP made the call in a public statement, urging the president to direct relevant anti-corruption agencies to probe the expenditure and ensure accountability for public funds.

The organisation said the reported amount used for the rebranding exercise raises serious concerns, particularly at a time when many Nigerians are facing economic hardship and rising living costs.

According to SERAP, anyone found responsible for mismanaging or misappropriating public resources should face appropriate sanctions in line with the law.

The group also urged the government to publish full details of the rebranding expenses, including contracts awarded and companies involved in the project, to ensure transparency.

SERAP noted that investigating the matter would demonstrate the administration’s commitment to accountability and prudent management of public resources