EFCC Probes Kyari And Other NNPCL Top Executives Over Misappropriation Of Funds

EFCC Probes Kyari And Other NNPCL Top Executives Over Misappropriation Of Funds

3rd May 2025, NewsOrient, News, Law And Society, Governance And Development, Business And Economy
Posted By Samuel Egburonu, Editor

The Economic and Financial Crimes Commission (EFCC) is currently probing no fewer than 14 top officials of the Nigerian National Petroleum Company Limited (NNPCL), including two former Chief Executives, Mele Kyari and Abubakar Yar’Adua, over alleged misappropriation of funds and abuse of office.

In a letter dated April 28, 2025, addressed to the Group Managing Director of the firm, NNPCL, the EFCC requested a certified true copy of the emoluments and allowances of the affected persons, both former and current employees.

The letter, titled “Investigation Activities Request for Information,” with reference number CR:3000/EFCC/ABJ/HQ/SDC.2/NNPC/VOL.1/698, read in part: “The Commission is investigating a case of Abuse of Office and Misappropriation of Funds in which the under-listed officials of your organisation featured.

“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 affected persons listed by the EFCC include a former Group Chief Executive Officer, Mele Kolo Kyari; Ibrahim Onoja; Mustapha Magaji Sugungun; Abubakar Lawal Yar’Adua; Isiaka Abdulrazak; Umar Ajiya; Dikko Ahmed; and Ademoye Adeniyi Jelili.

Others are Kayode Olusegun Adetokunbo, Efiok Michael Akpan, Jimoh Olasunkanmi, Bello Kankaya, and Desmond Inyama.

EFCC Confirms Probe
The investigation is linked to the funds allocated for rehabilitating the Port Harcourt Refining Company Limited, Warri Refining and Petrochemical Company, and Kaduna Refining and Petrochemical Company.

EFCC’s spokesperson, Dele Oyewale, confirmed to Channels TV that a probe is ongoing.

He, however, did not disclose further details.

“There are ongoing investigations into the funds released for the rehabilitation of the Kaduna, Warri and Port Harcourt refineries,” Oyewale said in a terse statement sent to our correspondent,” reports Channels Television

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