US EditionEFCC goes after NNPC officials, sacked MDs of refineries over missing $2.96bn
- Nigeria's EFCC arrested several former managing directors and top officials in May 2025 over alleged mismanagement of $2.96 billion for refinery rehabilitation.
- The investigation followed revelations of large undisclosed funds linked to Nigerian National Petroleum Company Limited executives amid ongoing refinery operational failures.
- The $2.96 billion was allocated specifically for refurbishing Port Harcourt , Kaduna , and Warri refineries, which remain largely non-functional despite spending.
- Officials including Ibrahim Onoja and Efifia Chu, former managing directors of Port Harcourt and Warri refineries, were detained with reports of approximately N80 billion found in private accounts.
- The EFCC is pursuing financial records from NNPCL and expects more arrests as stakeholders demand accountability for the large-scale suspected fund diversion.
21 Articles
21 Articles
EFCC Arrests former NNPC Boss, Mele Kyari
By Lizzy Chirkpi The immediate past Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari is allegedly in the custody of the Economic and Financial Crimes Commission (EFCC) as the agency commences a probe into the affairs of the national oil company. Sources revealed that Mr. Kyari was taken into custody on Friday 2nd May 2025 and is expected to remain with the EFCC throughout the weekend. T…
How $2.96 Billion Disappeared, N80 Billion Traced to Former Refinery Boss — Akelicious
The Economic and Financial Crimes Commission (EFCC) has launched a full-scale investigation into a massive corruption scandal involving the former Managing Director of the Port Harcourt Refinery, Ibrahim Onoja, who is accused of mismanaging and diverting $2.96 billion allocated for refinery rehabilitation projects. According to credible sources within the anti-graft agency, a staggering N80 billion has been traced to Onoja’s personal accounts, a…
EFCC probes former NNPC officials over alleged N80bn theft - Newsy People
The Economic and Financial Crimes Commission (EFCC) has launched an investigation into former top executives of the Nigerian National Petroleum Company Limited (NNPCL) and recently dismissed managing directors of the Port Harcourt, Warri, and Kaduna refineries over an alleged misappropriation of approximately $2.96 billion earmarked for the rehabilitation of the nation’s ailing refineries. A senior official of the anti-graft agency, who spoke…
EFCC Investigates Former NNPCL Chief Mele Kyari and Senior Executives for Alleged Financial Misconduct
The Economic and Financial Crimes Commission has launched a comprehensive investigation into Mele Kyari, the former Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, along with 13 other senior executives, over allegations of mismanagement of funds. The probe centers on financial transactions during Kyari’s five-year tenure, particularly focusing on claims of fraud, tax evasion, and irregularities in the handling o…
EFCC launches probe into Ex-NNPCL Boss Mele Kyari, 15 others
The Economic and Financial Crimes Commission (EFCC) has commenced an official investigation into former Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, and 15 other current and former senior officials of the state-owned oil firm over allegations of misappropriation of funds and abuse of office. Also under investigation is Abubakar Yar’Adua, another high-ranking executive of the company. Other…
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