Saturday, October 10, 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

Turkish Airlines Increases Lagos-Istanbul Flights to 10 Weekly From December

Turkish Airlines has announced plans to increase its flight...

EbonyLife opens African cinema hub in London

Nigerian media company EbonyLife has opened a cinema and...

Fuel discount won’t cost government public funds, FG insists

The Federal Government has said the petrol discount introduced...

2027: INEC displays voter register, begins PVC distribution

The Independent National Electoral Commission has commenced the display...

BIC Nigeria Clinches Outstanding Legacy Brand Award Of the Decade!

BIC Nigeria has received two major honors at the...

Topics

Turkish Airlines Increases Lagos-Istanbul Flights to 10 Weekly From December

Turkish Airlines has announced plans to increase its flight...

EbonyLife opens African cinema hub in London

Nigerian media company EbonyLife has opened a cinema and...

Fuel discount won’t cost government public funds, FG insists

The Federal Government has said the petrol discount introduced...

2027: INEC displays voter register, begins PVC distribution

The Independent National Electoral Commission has commenced the display...

BIC Nigeria Clinches Outstanding Legacy Brand Award Of the Decade!

BIC Nigeria has received two major honors at the...

BREAKING: Veteran communication scholar Idowu Sobowale dies at 85

Professor Idowu Akanbi Sobowale, a renowned communication scholar and...

OGITECH Under Scrutiny Over Alleged Admission Racketeering, Administrative Lapses

The Ogun State Institute of Technology (OGITECH), Igbesa, has...

Streaming glitches disrupt Yoruba AI film premiere

The global premiere of Asiri Ilu Awon Osu (Mystery...
spot_img
spot_img
spot_img

Related Articles

Popular Categories

spot_imgspot_img