Former Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), Mele Kyari, has publicly denied reports claiming he is in the custody of the Economic and Financial Crimes Commission (EFCC). These reports emerged amid an ongoing EFCC investigation into the alleged misappropriation of approximately $2.9 billion allocated for the rehabilitation of Nigeria’s refineries.
In a statement shared on his X (formerly Twitter) account, Kyari described the allegations as “clear mischief” and a calculated attempt to tarnish his reputation. He emphasized that he is currently taking a well-deserved rest following his removal from office by President Bola Tinubu in April 2025. Kyari expressed his readiness to respond to all lawful queries regarding his tenure, stating, “I am willing and happy to account for my stewardship in this world.”
The EFCC’s investigation involves at least 14 current and former senior NNPC officials, including Kyari and another former CEO, Abubakar Yar’Adua. The probe centers on the management of funds designated for the rehabilitation of the Port Harcourt, Kaduna, and Warri refineries. The EFCC has requested certified records of salaries and allowances paid to the officials in question.
Kyari has urged the media to exercise caution and avoid disseminating unverified information, warning that such disinformation could harm investor confidence and the country’s international reputation.
As of now, the EFCC has not issued any official statement confirming Kyari’s detention. The investigation remains ongoing.https:businessday.ng
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