The Economic and Financial Crimes Commission (EFCC) has arrested the recently dismissed managing directors and several top officials of the Port Harcourt, Warri, and Kaduna refineries over alleged mismanagement of $2.9 billion allocated for refinery rehabilitation.
Among those arrested are Ibrahim Onoja (Port Harcourt Refining Company), Efifia Chu (Warri Refining and Petrochemical Company), and Mustafa Sugungun (Kaduna Refining and Petrochemical Company). According to findings by The PUNCH, the EFCC is investigating $1.5 billion for the Port Harcourt refinery, $740 million for Kaduna, and $656 million for Warri.
Sources within the Nigerian National Petroleum Company Limited (NNPCL) revealed that N80 billion was discovered in the account of one of the sacked managing directors.
A senior EFCC official, speaking anonymously, confirmed the arrests are part of an ongoing probe into funds disbursed for the quick-fix overhaul of the refineries. “We’re asking: where is the money, and what has happened to the refineries?” the official said.
An NNPCL document dated April 28, 2025, titled “Investigation Activities: Request for Information,” further corroborates the probe.
