August 2, 2025

Refinery boss

General

EFCC Discovers ₦80bn in Sacked Refinery MD’s Accounts Amid $2.9bn Rehabilitation Fraud Probe

The Economic and Financial Crimes Commission (EFCC) has uncovered a staggering ₦80 billion in multiple bank accounts linked to a former managing director of one of the Nigerian National Petroleum Company Limited (NNPCL) refineries, as part of an ongoing investigation into an alleged $2.9 billion fraud involving the rehabilitation of Nigeria’s moribund refineries. The anti-graft

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