BREAKING: Economic and Financial Crimes Commission (EFCC) Arrests Former NNPCL Officials Over Alleged $7.2 Billion Refinery Fraud

By Bunady On Jun 24, 2025

The Economic and Financial Crimes Commission (EFCC) has arrested several former senior officials of the Nigerian National Petroleum Company Limited (NNPCL) in connection with an alleged $7.2 billion fraud tied to the failed rehabilitation of the nation’s refineries.
Among those in custody is Umar Isa, a former Chief Financial Officer (CFO) of NNPCL, who, during his tenure, supervised the release of funds for the turnaround maintenance of the Kaduna, Warri, and Port Harcourt refineries……READ ORIGINAL & FULL CONTENT HERE