Photo Credit: The Punch
2025-12-21 00:40:00
Reporting by The Punch indicates the EFCC’s probe into alleged mismanagement of billions allocated to state refinery rehabilitation remains unresolved months after invitations and reported recoveries, with no suspects arraigned.
The report says investigators are looking at how funds for Port Harcourt, Warri and Kaduna refineries were spent without commensurate improvements in output, as civil society groups warn delays deepen perceptions of selective enforcement.
In the piece, advocacy groups argue prolonged silence can weaken public confidence and create room for interference, while the economic cost of non-performing refineries remains a recurring policy sore point.
BusinessDay reported the EFCC opened investigations into alleged abuse of office and misappropriation tied to refinery funds, describing it as “an investigation into alleged abuse of office and misappropriation of funds.” The Punch also quoted an anti-corruption advocate urging action, saying, “It baffles us that nothing has been heard from the EFCC after over six months.”
Echotitbits take:
The credibility marker is court action: charges filed, defendants named, and a clear recovery/prosecution track. Watch for any formal arraignments, asset recovery disclosures, and whether NNPCL’s governance reforms alter how such projects are procured and audited.
Source: The Punch — December 21, 2025 (https://punchng.com/nnpc-refinery-probe-drags-as-efcc-keeps-mum-on-suspects/)
The Punch 2025-12-21
