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$3bn refinery fraud: N80bn found in sacked MD’s bank accounts

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The Economic and Financial Crimes Commission has 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 over alleged mismanagement of funds earmarked for the rehabilitation of the facilities. The total amount under investigation is $2,956,872,622.36.

Findings by Saturday PUNCH showed that the EFCC is 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 served as the ex-Managing Director of the Warri Refining and Petrochemical Company Ltd.

This came as impeccable top management sources at the Nigerian National Petroleum Company Limited revealed that N80bn was found in the account of one of the sacked MDs.

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Also, operators and experts in the sector lambasted NNPCL for deceiving Nigerians regarding the operations of the refineries, particularly the Port Harcourt and Warri plants, following the poor output from the facilities since their resumption of operations in November and December 2024.

Dashed hope

NNPCL manages the three refineries for Nigerians. The plants had remained dormant for decades, but the Port Harcourt and Warri refineries resumed operations in November and December 2024, respectively.

However, less than one month after the Warri refinery resumed operations, the plant was again shut down due to safety concerns.

The Port Harcourt refinery, on the other hand, has been operating below 40 per cent of its capacity since its widely celebrated revamp.

On Tuesday the new NNPCL management fired the managing directors of the three refineries under its purview.

Some other senior officials of the national oil firm were also asked to leave; among them was Bala Wunti, a former chief of the National Petroleum Investment Management Services, a subsidiary of the NNPCL.

The new management also asked many officials with one year to their various retirement dates to leave.

Arrest of suspects

A senior EFCC source revealed that the arrests of the three ex-MDs and top officials were part of an ongoing investigation into the billions of dollars released for the quick-fix maintenance of the three state-owned refineries.

“We are investigating the money that was released for the rehabilitation of all three refineries—money disbursed in recent times. All the principal officers within that time frame are being invited.

“Some have been arrested already, and we are still on the lookout for others. Nigerians are interested in seeing our refineries work. We are asking: where is the money, and what has happened to the refineries?” the official said.

The source added that the investigation was far-reaching, covering all key actors involved in the management of the refineries during the period in question.

The EFCC spokesman, Dele Oyewale, could not be reached as of the time of filing this report.

Earlier, sources at the NNPCL told Saturday PUNCH that one of the sacked MDs had been with the EFCC for about a week.

“Large amounts have been discovered in his accounts. About N80bn has so far been discovered in his various accounts. The way things are going, it may be bigger than Emefielegate,” the official, who spoke in confidence due to the nature of the probe, stated.

Another official stated, “All the three of them are being investigated by the EFCC. It is indeed sad!”

Kyari under probe

A document obtained by our correspondent on Friday from NNPCL, dated April 28, 2025, and titled, ‘Investigation Activities: Request for Information’, indicated that the probe by EFCC included the immediate past Group Chief Executive Officer of the national oil firm, Mele Kyari.

The EFCC document was addressed to the Group Managing Director (Group Chief Executive Officer) of the national oil company and contained the names of 13 other former senior executives of the NNPCL.

“The commission is investigating a case of abuse of office and misappropriation of funds in which the underlisted officials of your organisation featured,” the document stated.

It outlined the officials 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.

“In view of the above, you are kindly requested to furnish certified true copies of their emoluments and allowances, including that of those who have retired and no longer work with your organisation,” the anti-graft commission told the NNPCL boss.

The spokesperson for the NNPCL, Olufemi Soneye, has remained mute over allegations against top officials of the company, as he ignored repeated enquiries on the matter.

Lies uncovered

Although this is not the first time the company has feigned the effectiveness of its operations, citizens have noted that the lack of transparency not only deepens public distrust but also fuels speculation about the company’s true intentions and the actual state of Nigeria’s oil infrastructure.

On Tuesday the NNPCL came under fire as the $897m Warri refinery revamp flopped.

The $1.5bn newly repaired Port Harcourt refinery had been struggling at under 37.87 per cent production capacity.

This was after the revelation that the Warri Refining and Petrochemical Company had remained shut since January 25, 2025, due to safety issues in its Crude Distillation Unit Main Heater.

An April 2025 document on the Midstream and Downstream sector obtained from the Nigerian Midstream and Downstream Petroleum Regulatory Authority revealed that the refinery, which consumed $897.6m in maintenance costs, failed to produce Premium Motor Spirit (petrol) and was shut down barely a month after former NNPCL boss, Kyari, declared it operational.

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BREAKING: Court Nullifies Atiku’s ADC Presidential Ticket, Removes David Mark-Led Leadership

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The Federal High Court in Abuja has nullified the leadership of the African Democratic Congress (ADC) led by Senator David Mark, declaring its actions and decisions on behalf of the party invalid.

The ruling also affects the emergence of former Vice President Atiku Abubakar as the ADC’s presidential candidate for the 2027 general election, as the party’s primary was conducted under the leadership declared unlawful by the court.

Atiku, whose name had earlier appeared on the list of presidential candidates published by the Independent National Electoral Commission (INEC), had reportedly picked former Rivers State Governor, Rotimi Amaechi, as his running mate.

Delivering judgment on Thursday, Justice Peter Lifu declared unlawful the caretaker committee led by Mark, which organised the party’s presidential primary that produced Atiku as its candidate.

The judgment followed a suit filed by Nafiu Bala Gombe, a former ADC National Deputy Chairman (North-East), who challenged the process through which the Mark-led group assumed control of the party.

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Gombe argued that following the resignation of the former National Chairman, Chief Ralph Nwosu, he was constitutionally entitled to assume leadership of the party.

He consequently approached the court, seeking to invalidate the activities and decisions taken by the Mark-led leadership on behalf of the ADC.

The defendants in the suit, marked FHC/ABJ/CS/1819/2025, included the ADC, INEC, Senator David Mark, former Osun State Governor, Rauf Aregbesola, and Chief Ralph Nwosu.

The plaintiff also sought an order restraining Mark and Aregbesola from parading themselves as the party’s National Chairman and National Secretary, respectively, insisting that their appointments violated the ADC constitution and relevant provisions of the Electoral Act.

Justice Lifu upheld the plaintiff’s arguments and granted the reliefs sought.

The decision is expected to trigger fresh political uncertainty within the ADC, particularly as political activities intensify ahead of the January 16, 2027 presidential election.

However, the party has indicated its intention to challenge the judgment at the Court of Appeal.

The ADC National Welfare Secretary, Nkemakolam Ukandu, who was subsequently joined in the proceedings as an interested party, confirmed that the party would appeal the ruling.

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Ebonyi Gives Occupants 30-Day Ultimatum to Vacate Defective Building

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The Ebonyi State Government has issued a 30-day ultimatum to occupants of a structurally defective building at No. 10 Aguluezechukwu Street, Abakaliki, directing them to vacate the premises over serious safety concerns.

The directive was issued by the Ministry of Capital City and Urban Planning following an on-site assessment led by the Commissioner, Richard Ugo Idike, alongside the Head of the Town Planning Department, Esther Nwite, other town planners and the ministry’s enforcement task force.

During the inspection, Idike expressed concern over visible structural defects and substandard construction, describing the building as an imminent threat to lives and property.

“The state government will not compromise on the safety of residents. Our ministry remains committed to ensuring that all structures across Ebonyi State strictly adhere to approved building codes and regulatory standards,” Idike said.

He explained that the 30-day notice would give the property owner time to undertake the necessary structural remedial works to prevent a possible collapse, while allowing occupants sufficient time to secure alternative accommodation.

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“This notice is necessary to avert building failure and protect human lives. Occupants must make alternative arrangements before the expiration of the deadline to avoid tragic outcomes,” the commissioner added.

Idike said the ministry would intensify monitoring and enforcement activities across the state capital to identify unsafe structures, warning that properties found to be in violation of building regulations would face prompt regulatory action.

He said the exercise was in line with the urban renewal and public safety agenda of the Ebonyi State Government under Governor Francis Ogbonna Nwifuru to ensure an orderly and secure capital city.

The ministry’s task force also urged property owners, developers and builders across the state to adhere strictly to approved building plans, engage certified professionals and use quality construction materials to prevent structural failures.

Occupants of the affected building are expected to comply with the evacuation directive within the stipulated 30-day period.

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NJC Suspends Three Judges, Cautions Eight Others Over Misconduct

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The National Judicial Council (NJC) has suspended three judicial officers for one year without pay and cautioned eight others over various acts of misconduct, including unlawful detention of litigants, abuse of judicial powers and disregard for due process.

The Council, chaired by the Chief Justice of Nigeria, Justice Kudirat Kekere-Ekun, also approved warning letters for three judges following investigations into petitions concerning their handling of cases.

The decisions were taken at the NJC’s 112th meeting held on November 3, 2026.

The three suspended judicial officers are Justice Hannatu Mohammed Kabir of the Nasarawa State High Court, Grand Kadi Mohammed Sani Salihu of the Jigawa State Sharia Court of Appeal and Justice Sobere Biambo of the Rivers State High Court.

Justice Kabir was suspended for ordering the arrest and detention of a litigant for 58 days over alleged disobedience of a court order without initiating proper contempt proceedings or serving the mandatory Forms 48 and 49.

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The Council also barred her from being considered for elevation for three years, holding that her actions violated the litigant’s right to a fair hearing.

Grand Kadi Salihu was suspended over his involvement in reopening a judgment delivered by the FCT Upper Area Court.

The investigation found that he exceeded his judicial authority by constituting a committee to review the judgment and subsequently assigning the matter to another judge, who received fresh evidence and delivered a new judgment.

The NJC held that the process amounted to an appeal against a valid judgment delivered by a court of competent jurisdiction.

Justice Biambo was sanctioned for ordering the arrest of litigants and imposing fines of N300,000 each in a civil dispute without following proper contempt proceedings or serving the prescribed forms.

Both Grand Kadi Salihu and Justice Biambo were also barred from consideration for elevation for three years.

The Council also cautioned Justice Kayode Agunloye of the FCT High Court over his handling of post-judgment garnishee proceedings in a suit involving First Bank of Nigeria Plc.

It found that he granted a fresh ex parte application for a Garnishee Order Nisi after an earlier similar application had been withdrawn and struck out, while other pending applications, including an application for a stay of execution, were awaiting hearing.

In another set of disciplinary decisions, the NJC approved warnings and cautions for other judicial officers, including Justice Bello Kawu, who granted interim bail to former Attorney-General of the Federation, Abubakar Malami, despite an existing remand order issued by another judge.

Justices Danjuma Oyigbenu and Isa Ebini Kana were also issued warning letters for delivering judgment in an appeal outside the constitutionally prescribed 90-day period.

Other judicial officers cautioned or placed on the Council’s Watch List include Justice Mohammed Zubairu of the FCT High Court, for making orders after being informed that an appeal had been entered at the Court of Appeal.

Justice C. A. Ogbuagor of the Enugu State High Court was also cautioned for continuing proceedings despite a pending appeal and an application for a stay of proceedings.

Similarly, Justice Chibuike Azuama of the Imo State High Court was cautioned for granting an ex parte garnishee order freezing the accounts of Puma Energy, a company that was not a party to the substantive suit.

The NJC also considered 35 petitions referred by its Preliminary Complaints Assessment Committees. It dismissed 24 for lack of merit, recommended four for further investigation and placed one in abeyance because the matter was sub judice.

The Council further directed that investigations should continue into a petition against Justice G. N. Ugbala of the Ebonyi State High Court despite the petitioner’s notice of withdrawal.

Meanwhile, the NJC recommended 28 candidates for judicial appointments across several states.

The recommendations include 24 judges for the High Courts of Kano, Ebonyi, Edo, Adamawa and Ogun States; a Grand Kadi for the Plateau State Sharia Court of Appeal; a Kadi for the Adamawa State Sharia Court of Appeal; and two judges for the Adamawa State Customary Court of Appeal.

The Council also directed the Imo State Judicial Service Commission to include the name of the Acting Chief Judge, Justice Ijeoma Agugua, in the shortlist for appointment as substantive Chief Judge, following a petition challenging her exclusion.

In addition, the NJC approved the retirement notifications of six judicial officers, including two Justices of the Supreme Court.

It also expressed condolences over the deaths of nine judicial officers between May and September 2026.

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