● N80bn allegedly found in sacked MD’s account
The Economic and Financial Crimes Commission (EFCC) has launched a full-scale investigation into activities of some of the recently sacked top staff members of the Nigerian National Petroleum Corporation Limited (NNPC Ltd).
Among those the EFCC is investigating are the immediate past Group Chief Executive Officer of NNPCL, Mele Kyari.
Reports said that the anti-graft agency was also investigating 13 other former senior executives of the national oil firm for alleged abuse of office and misappropriation of funds.
There were indications that the commission had already arrested the recently sacked managing directors and some top officials of the Port Harcourt Refining Company, Warri Refining and Petrochemical Company, and Kaduna Refining and Petrochemical Company.
The officials were arrested for alleged mismanagement of funds earmarked for the rehabilitation of the facilities.
The total amount under investigation is $2,956,872,622.36.
A report by Saturday PUNCH said that the EFCC was probing the sum of $1,559,239,084.36 allocated to the Port Harcourt refinery, $740,669,600 released for the Kaduna refinery, and $656,963,938 approved for the Warri refinery.
The ex-Managing Director of Port Harcourt Refining Company Ltd is Mr Ibrahim Onoja, while Efifia Chu is the immediate past Managing Director of the Warri Refining and Petrochemical Company Ltd.
The report said this came as impeccable top management sources at the Nigerian National Petroleum Company Limited disclosed that N80bn was found in one of the accounts of one of the sacked MDs.
Meanwhile, the EFCC has demanded cooperation from the current Group Managing Director of NNPCL, Bayo Ojulari, in its investigation into the activities of the top officials.
In a document entitled “Investigation Activities: Request for Information,” dated April 28, 2025, and addressed to the current Group Managing Director of NNPCL, the anti graft agency requested for full cooperation.
The document outlined the officials investigated to include Abubakar Yar’Adua, Mele Kyari, Isiaka Abdulrazak, Umar Ajiya, Dikko Ahmed, Ibrahim Onoja, Ademoye Jelili, and Mustapha Sugungun.
Others are Kayode Adetokunbo, Efiok Akpan, Babatunde Bakare, Jimoh Olasunkanmi, Bello Kankaya and Desmond Inyama.
The document stated, “The commission is investigating a case of abuse of office and misappropriation of funds in which the underlisted officials of your organisation featured.”
In its request, the EFCC had asked the NNPCL to provide certified true copies of the emoluments and allowances of the listed officials, including those who have retired.
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