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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 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.

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 PUNCH exclusively reported that 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.

Source: PUNCH

Crime

ALLEGED TERRORISM: Witness Says Kanu Founder Of Eastern Security Network ‎‎

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Government’s second witness in the ongoing trial of Biafra nation agitator, Nnamdi Kanu says the secessionist leader is the founder of the Eastern Security Network (ESN) and operator of Radio Biafra.‎‎

At the resumed hearing on the matter, the second prosecution witness, identified as BBB, testified that he was assigned by the then Attorney General of the Federation to investigate Kanu. ‎‎

But attempts by the prosecution to tender a letter authorising the investigation was objected by Agabi on grounds that the document was not front loaded.

This prompted the prosecution’s withdrawal of the document, a request granted by the court. ‎‎

The court, therefore, ordered that all materials intended for the trial must be served in advance and listed properly, stressing that no document would be admitted unless previously disclosed to the defence.‎‎

In another aspect, the presiding judge, James Omotosho, has instructed that only 16 out of the 26 listed would be recognised in court.

This followed a bit of confusion about legal representation, where a certain Charles Ude claimed to be a member of Nnamdi Kanu’s legal team. ‎‎

But lead defence counsel, Kanu Agabi, SAN, disassociated the team from Ude’s claim, with Kanu affirming that Agabi remains his official legal representative.

‎‎Similarly, the court has barred a relative of the defendant, Favour Kano, from attending three successive proceedings of the court, after she admitted doing a live stream while the judge was seated.

Justice Omotosho revealed she had also posted the content online. ‎‎The matter was subsequently adjourned to May 7 for the continuation of the examination-in-chief of the second prosecution witness.‎‎

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JUST IN: Bandits Attack Three Bauchi Villages, Kill Many Villagers, professional Hunters

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An unconfirmed number of people have been killed in an ambush attack by bandits on a combined team of professional hunters from Duguri and Gwana District in Alkaleri Local Government Area of Bauchi State.

The bandits also killed many residents who fled from their villages following the attack which occurred on Sunday 4th May 2025, at about 5.40am.

The hunters were on a routine patrol along Duguri, Mansur, and the Dajin Madam forest bordering Bauchi and Plateau States when the armed bandits attacked them.

Details on the exact number of the hunters and residents killed are still sketchy but residents say nine people were killed, while some say that the number could be as high as 15.

The Public Relations Officer, Bauchi State Police Command, Ahmed Wakil, who confirmed the incident in a statement to journalists on Monday did not give the exact number of casualties but said that many people were killed both on the side of the bandits and that of the hunters.

He said those killed also included civilian residents from Sabuwar Sara village, who were mercilessly shot by the bandits while attempting to flee from the attack.

Wakil also said the Commissioner of Police Bauchi State, CP Sani-Omolori Aliyu, has deployed tactical teams to Mansur village in Alkaleri LGA of Bauchi following a visit to relevant stakeholders where he strongly condemned the recent killings, expressing deep sorrow over the tragic loss of lives.

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JUST IN: Suspected herdsmen hijack fully loaded vehicle, kill driver, abduct passengers in Benue

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Gunmen suspected to be herdsmen on Sunday night hijacked a commercial vehicle along the Otukpo-Adoka road in Benue State, killing the driver and abducting all passengers on board.

The incident occurred around 11 p.m. as the vehicle was en route to Otukpo from Abuja.

Eyewitnesses said that the attackers opened fire as soon as they sighted the vehicle, causing the driver to lose control and veer off the road into nearby bushes after being hit by a bullet.

The assailants subsequently abducted all the passengers before abandoning the vehicle at the scene.

The body of the slain driver, identified as a native of Adoka, has been recovered and taken to his hometown.

Meanwhile, military personnel have arrived at the scene and launched a manhunt for the attackers.

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