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$2 billion Fraud : Kyari, being probed over funding of the repair work on refineries, others, Says EFCC
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Ex-GCEO: I have nothing to hide
Former Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kolo Kyari, is being probed over funding of the repair work on refineries.
He was taken before investigators at the Abuja Headquarters of the Economic and Financial Crimes Commission (EFCC) yesterday.
As of 8:30pm, he had not been allowed to go, raising suspicion whether or not he was detained.
Under investigation, according to sources at the anti-graft agency, are:
•How the over $2 billion meant for Turn-Around Maintenance (TAM) was spent: The money, it was learnt, was made available, thus: $1.55 billion to the Port Harcourt Refinery; $740.6 million (Kaduna Refinery) and $656.9 million (Warri Refinery).
•The contracts awarded during his tenure:
Kyari, before submitting himself to interrogation, had always insisted he had nothing to hide.
In a statement on his invitation, titled: “Hard questions, honest answers”, Kyari said: “I have done my part; the EFCC must do theirs. When each of us does our duty – without fear of favor, with honour, respect and commitment – Nigeria moves forward.”
On arrival at the EFCC headquarters, his international passport was seized.
The four state-run refineries are: Port Harcourt Refining Company (PHRC) (2); Warri Refining and Petrochemical Company (WRPC) and the Kaduna Refining and Petrochemical Company (KRPC).
They have installed capacity to produce 445,000 barrels per day (bpd)
The two Port Harcourt refineries have a combined capacity of 210,000 barrels per day (bpd), Warri has a capacity of 125,000 bpd and Kaduna has 110,000 bpd.
But the refineries remained non-functional for years despite several attempts to refurbish them.
About $18 billion has been sunk into TAM since 2010 but the refineries were still in poor state.
According to an EFCC source, Kyari was asked to “state how much was voted for TAM during his tenure, what was expended and the balance, if any.
“Detectives were also curious to know how N4.8 trillion was incurred as operating costs on the refineries when they weren’t working.
“The most crucial aspect of the investigation is why the refineries broke down shortly after repairs.
“Some of his former top officials have refunded money to the EFCC from TAM cash. Kyari is to explain what he knew about how the slush funds came about.”
The source said: “After the probe of TAM, Kyari will proceed to the second phase of the investigation, which is about the humongous contracts awarded during his tenure.
“So far, we have seized his international passport to limit his movement to the country in the course of investigation.”
TAM has been a major money pit of NNPC in the last three years, in particular.
On June 24, 2022, the Federal Executive Council awarded Maintenance Services for Quick Fix Repairs of Warri Refinery to Daewoo Engineering and Construction Limited at $497, 328, 500.
The contract was different from the 2017 job award to Saipem Contracting Nigeria Limited for Tech Plant Survey of Warri and Kaduna Refineries at 2, 025, 000.32 Euros.
The rehabilitation of the Kaduna Refinery and Petro-Chemical Company (KRPC) had, in the past 10 years, gulped N2.26 billion.
The NNPCL approved a renovation deal with Daewoo Engineering and Construction Limited to renovate Kaduna Refinery in February 2023 to restore the refinery to production of 110,000 barrels of petrol per day and at least 60 per cent capacity by early last year.
Kyari was appointed NNPCL GCEO in 2019 and served till April 2, when his appointment was terminated.
On August 28, Kyari’s successor, Bayo Ojulari, said Nigeria lost between $300 million and $500 million monthly while the Port Harcourt Refinery was operating.
He said: “When I resumed, one of the first priorities I focused on was the refinery. I did a quick review to see if we could quickly fix it. What I found is that we were losing between $300 million to $500 million on a monthly basis in the refinery.
“We were pumping about 50,000 barrels of crude to go into the refinery. What was coming out was less than 40 per cent equivalent of what was coming in.”
Ojulari spoke in his Abuja office when he met with the leadership of Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN).
After years of being in comatose, the NNPCL restarted the Port Harcourt Refinery in November, 2024. Kyari announced the reopening of the facility to a huge applause by Nigerians, but the operation was halted in May, barely one month after Ojulari’s resumption.
Ojulari said he halted the operation of the refinery to prevent further losses, and work towards a sustainable arrangement.
Ojulari explained: “The first thing we said was rather than continue to lose, let’s quickly stop and look for a way to put this refinery into a sustainably profitable venture.”
He said the NNPCL was working to revive the moribund refineries to operate at full capacity by adopting the Nigeria Liquefied Natural Gas (NLNG) model (Public, Private, Partnership), which PENGASSAN advocated during the meeting.
The NNPCL chief said talks were on to find a viable solution to the refining crisis, ensuring the refineries become a sustainably profitable venture.
He said the national oil company had concluded a technical review for the three refineries, pointing out that the long term neglect and lack of maintenance were major reasons behind the huge losses recorded monthly, despite the huge investments to make them work.
The NNPCL chief, who explained that a lot of money has been spent on the refineries, admitted that it has been challenging to translate those funds into profitability.
He likened the situation of the refineries to parking an old car for some time without any greasing and oiling. He added that the Port Harcourt Refinery has been difficult to put back because of years of neglect and it’s been difficult: when you fix one thing, the other thing is still there.
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Tinubu Tasks NIMC on 95% NIN Coverage Before December — Gbajabiamila
President Bola Tinubu has urged the National Identity Management Commission (NIMC) to work towards achieving 95 per cent National Identity Number (NIN) coverage by December 2026.
The President gave the directive at the State House, Abuja, while delivering the keynote address at the 2026 National Identity Day celebration organised by NIMC.
He acknowledged NIMC’s excellent work so far, noting that National Identity Number (NIN) enrolment peaked at about 142 million, up from over 80 million Nigerians captured in the National Identity Database when he assumed office more than three years ago.
President Tinubu was represented at the event by his Chief of Staff, Hon. Femi Gbajabiamila. The event had the theme: “Nigeria’s digital public ecosystem: powering Africa’s digital economy.”
It was attended by the representative of Vice President Kashim Shettima, Senator Ibrahim Hadejia; the Secretary to the Government of the Federation (SGF), Senator George Akume; the Minister of Interior, Dr Olubunmi Tunji-Ojo; and the Minister of Education, Dr Tunji Alausa, amongst others.
President Tinubu said the target should be pursued through expanded ward-level enrolment, mobile registration initiatives and continued deployment of licensed enrolment networks. Government
The President noted that his administration’s vision goes beyond NIN coverage, stating that Nigeria “must build an identity system that is continuously useful, secure and responsive to the needs of Nigerians.”
“We are laying the foundations for a future of integrated digital services, including e-health records, e-transport systems and a more harmonised national data architecture.
“We must do this while protecting the rights, privacy and dignity of our citizens. The digital state must never become a state without accountability.
“Our commitment must therefore remain clear: innovation must be matched by responsibility. Efficiency must be matched by inclusion, security must be matched by trust. And digital transformation must ultimately improve the lives of ordinary Nigerians,” President Tinubu said.
The President, who commended the Director General of NIMC, Engr Abisoye Coker-Odusote, for a job well done over the past three years, called on Nigerians who have not obtained their NIN to do so, saying their NIN represents their connection to a modern Nigerian state.
Tinubu also applauded this year’s National Identity Day theme as very important, saying “Nigeria’s digital ecosystem must power Nigeria’s digital economy–and Nigeria’s digital economy must help power Africa’s.”
The President further said National Identity remains the engine room for the government’s Renewed Hope Agenda, noting that identity transformation is contributing directly to the government’s priorities.
“The NIMC ecosystem has created opportunities for thousands of Nigerians across the country. With more than 173 private companies, 30 state governments and 14 public sector institutions approved as licensed enrolment agents, the identity ecosystem is generating employment for enrolment officers, data professionals, supervisors, technology specialists and other support personnel. This is a digital infrastructure creating real economic opportunity,” he said. NigeriaNews Subscription
Speaking on the significance of national identity to Nigeria’s national security, President Tinubu said the two are linked, describing the connection as indispensable.
“A secure identity system is indispensable to a secure nation. By strengthening identity verification and enabling responsible information sharing across relevant government institutions, we are improving our capacity to combat identity fraud, financial crimes and other threats to national security.
“The ongoing collaboration among institutions, including the Nigeria Police Force, Nigeria Immigration Service, and the Economic and Financial Crimes Commission, demonstrates what is possible when government systems work together,” President Tinubu said. GeographicReference
The Minister of Interior, Dr Olubunmi Tunji- Ojo, also praised the Director General of NIMC for delivering excellent work with little supervision, saying she has shown appreciable leadership.
He said the President expected more from her and her team, adding that Nigerians need wider, easier, and more convenient access to identity services, including for Nigerians in the diaspora.
“We need more in providing a trusted national public key infrastructure and digital public infrastructure that support secure digital identity, authentication and electronic trust services, more in including a stronger foundation for Nigeria’s digital economy, digital governance and long-term national development,” Tunji-Ojo said. GeographicReference
The Director General of NIMC, Abisoye Coker-Odusote, in her remarks, commended President Tinubu and the Minister of Interior for their support, saying it has brought about a total transformation of Nigeria’s identity and existence.
She said, “Our reach tells its own story. Enrolments have grown from less than 100 million to over 142 million Nigerians and legal residents. The engine behind that growth is the ward-to-ward Enrolment Project, undertaken directly under Mr President’s initiative. NigeriaNews Subscription
“This project carried our officers into all 8, 8,809 boards of this Federation and mobilised the National Youth Service Corps members as adult enrolment officers in connection with front-end partners in communities that had never before hosted an enrolment desk.
“Alongside it, we launched the Self- Service Notification Platform, which has already processed close to two million record updates, turning a process that once took weeks in two communities into one that takes 24 to 48 hours directly from a citizen’s phone.”
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Anambra Debt Row: Presidency Questions Obi’s Record as Governor
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The presidential candidate of the Labour Party in the 2023 general election and a leading opposition figure ahead of the 2027 presidential election, Peter Obi.
The presidential candidate of the Nigeria Democratic Congress,
The Presidency has reacted to the ongoing dispute between former Anambra State Governor and presidential candidate of the Nigeria Democratic Congress, Peter Obi, and the state government over the state’s debts and financial liabilities.
Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga, in a post on X on Wednesday, said Obi had claimed to have left Anambra without debt and challenged him to follow through on his pledge to quit the presidential race if his claim was disproved.
Bayo Onanuga. US
File: Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga.
Onanuga wrote, “Peter Obi claimed he left Anambra with a clean slate of debt and even threatened to quit the presidential race if his claims were proven otherwise.”
He added that the Anambra State Government had responded with claims concerning liabilities allegedly left by the former governor’s administration.
“Now, the Anambra government has confronted him with facts and figures showing he owed Water Corporation workers, teachers, and pension and gratuities, and had also borrowed for frivolous things,” Onanuga said.
“The ball is back in his court. Will he follow through on his threat by quitting the race?” he asked.
Anambra govt disputes Obi’s ₦2.13bn ecological fund claim
The reaction followed a fresh response by the Anambra State Government to Obi’s Tuesday denial of claims that his administration left behind inherited debts, including a ₦2bn ecological fund, contractor liabilities and unpaid salaries, gratuities and pensions.
Obi had said his administration cleared more than ₦35bn in historical gratuities and arrears and left office without outstanding salary, pension or gratuity obligations.
He also disputed the government’s claim concerning the ecological fund, saying more than ₦2.13bn was left untouched in a First Bank account for the Oko/Umuchiana erosion crisis.
Soludo
File: Governor Charles Soludo of Anambra State
However, in a statement on Wednesday, Anambra State Commissioner for Information and Value Reformation, Law Mefor, disputed Obi’s account, saying the account he identified was an Internally Generated Revenue Consolidated Revenue Account and not an ecological fund account.
Mefor said the government obtained a certified printout of the account and claimed that “from 2011 when the account was opened until date, there has never been any such amount—whether as inflow or balance—in the account.”
Obi had challenged anyone who could establish that his account of the state’s finances was incorrect, saying, “If anybody can establish anything to the contrary, I will stop campaigning.”
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The Great Leap Forward: Tinubu Orders Immediate Funding for Regional Development Commissions
President Bola Tinubu has directed the Secretary to the Government of the Federation, George Akume, to ensure the release of all funds approved for the regional commissions.
Tinubu gave the directive on Monday at the North Central Development Commission Summit, themed “The Great Leap Forward: A 20-Year Economic Infrastructure and Social Development Plan for the North Central Region.”
Akume, who represented the President at the summit, said the creation of regional development commissions was part of the administration’s Renewed Hope Agenda to accelerate development across the country.
“Government will continue to give the NCDC and other Regional Development Commissions the political and financial backing to embark on key projects that will unlock the economic and industrial potentials of the nation.
“I therefore direct the Secretary to the Government of the Federation to ensure that all funds accruable to the Commissions are released as and when due,” he said.
The President, however, said the commissions should not rely solely on government funding, urging them to explore public-private partnerships, donor funding and development financing for transformative projects.
He said the commissions were expected to focus on major projects in rail, air transportation, industrialisation, security, investment, human capital development, education and health.
Tinubu also warned the boards and management of the commissions against corruption, marginalisation, politicisation and misuse of government resources.
“Such actions will not be tolerated, and government will not hesitate to sanction anyone found culpable,” he said.
The President said the regional commissions were not established to replace or duplicate the functions of state and local governments or existing federal institutions.
He said the North Central Development Commission should support efforts to address the security challenges in the region, stressing that development could only take place in a stable environment.
Meanwhile, the Nasarawa State Governor and Chairman of the North Central Governors’ Forum, Abdullahi Sule, said the region possessed the human and natural resources needed to drive economic development.
Sule said the region had demonstrated its capacity in agriculture, mining and industrial production, stressing the need to move from the extraction of raw materials to processing and value addition.
“When you are mining in North Central, you must also process in North Central,” the governor said.
He cited the establishment of a cement factory in Kogi State as an example of how local processing could transform Nigeria’s economy.
The governor said Nasarawa State, which had more than 400 steel licences when he assumed office in 2019, previously had no processing plant despite its mineral resources.
He said the state had since become home to the country’s largest and second-largest lithium processing plants.
“The North Central is the home of Benue cement. The North Central is the home of rice production. The North Central is the home of sesame production. So we have it all. Whatever it is that we are looking for, we have it,” Sule said.
He said what the region needed was leadership capable of developing and implementing long-term plans.
“What do we need more? We need thinkers. We need implementers. We need people who understand what it means to lead,” he said.
Sule also commended the Tinubu administration’s economic reforms, saying the policies had increased revenues available to the federal, state and local governments.
“Today, we are paying salaries without borrowing money from the bank. Even if you hate him, you cannot hate his policies. Even if you disagree with him, you cannot disagree with his policies. And that is the only way we can build,” he said.
Earlier, the Chief Executive Officer of the North Central Development Commission, Cyril Tsenyil said the commission’s role was to coordinate regional development and mobilise resources and partnerships rather than replace the six state governments and the Federal Capital Territory.
He said the commission’s 20-year plan would focus on developing regional economic corridors, processing agricultural and mineral resources, improving infrastructure and creating opportunities for young people.
He said the region should aspire to become one of Africa’s most competitive agricultural regions rather than merely being known as Nigeria’s agricultural hub.
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