Sunday, March 8, 2026

EFCC Quizzes Ex-NNPCL Boss, Kyari, Over $7.2bn Refinery Fund

Deborah Akinyosoye

The Economic and Financial Crimes Commission, EFCC, is questioning the former Group Managing Director of the Nigerian National Petroleum Company Limited, NNPCL, Mele Kyari, over alleged financial misconduct linked to a $7.2 billion refinery turnaround maintenance project.

Sources within the anti-graft agency said Kyari was currently at the EFCC headquarters, in Abuja, where he is being interviewed by investigators.

“He is here with our investigators at the moment. This is all I can disclose for now,” one of the sources said.

Kyari was reportedly invited to explain financial transactions worth billions of dollars during his time as head of the state-owned oil company.
Calls to the EFCC spokesman, Dele Oyewale, were not answered at press time.

The development comes as investigations continue into alleged irregularities in the use of funds allocated to Nigeria’s refineries, which remain inactive despite repeated turnaround maintenance projects.

Kyari had earlier been placed on the EFCC’s watch list in connection with the controversial refinery programme.

In a related case, the Federal High Court in Abuja recently ordered the temporary freezing of four bank accounts linked to the former NNPCL chief, pending further investigations into alleged fraud.

Kyari, who served as GMD of the NNPCL from 2019 until his replacement in July 2024, oversaw reforms, including the transformation of the NNPC into a limited liability company.

Hot this week

DSS Arrests Alleged ESN Commander, Suspected IPOB Member

Operatives of the Department of State Services (DSS) have...

FG Diverts Traffic On Lagos-Ibadan Expressway For Kara Bridge Repairs

Fatimah Otunsanya FG diverts traffic on Lagos-Ibadan expressway for Kara...

Military Kills 45 Bandits, Loses Captain, Two Soldiers In Katsina

Fatimah Otunsanya Troops of the Nigerian Army on Friday lost...

APC’s 30 Govs Can’t Intimidate Me From Presidential Poll – Obi

Fatimah Otunsanya The 2023 presidential candidate of the Labour Party,...

Petrol Price To Hit N1,050

Fatimah Otunsanya The Dangote Petroleum Refinery has increased its Premium...

Topics

DSS Arrests Alleged ESN Commander, Suspected IPOB Member

Operatives of the Department of State Services (DSS) have...

FG Diverts Traffic On Lagos-Ibadan Expressway For Kara Bridge Repairs

Fatimah Otunsanya FG diverts traffic on Lagos-Ibadan expressway for Kara...

Military Kills 45 Bandits, Loses Captain, Two Soldiers In Katsina

Fatimah Otunsanya Troops of the Nigerian Army on Friday lost...

APC’s 30 Govs Can’t Intimidate Me From Presidential Poll – Obi

Fatimah Otunsanya The 2023 presidential candidate of the Labour Party,...

Petrol Price To Hit N1,050

Fatimah Otunsanya The Dangote Petroleum Refinery has increased its Premium...

Tinubu Sets Up Committee To Fix Power Grid

Fatimah Otunsanya President Bola Tinubu has constituted an 11-member committee...

Nigeria’ll Defeat Terrorism Despite Borno Attacks, Tinubu Assures Military

Fatimah Otunsanya President Bola Tinubu has assured the military and...

NYSC Opens Portal For Registration March 12

Fatimah Otunsanya The National Youth Service Corps has announced that...
spot_img
spot_img
spot_img

Related Articles

Popular Categories

spot_imgspot_img