Port Harcourt Refinery Shutdown Drags, as EFCC Probes Fraud

June 25, 2025

3 minutes read

The Port Harcourt Refining Company remains shut down for maintenance into its second month as of June 25, 2025, with no clear timeline for resuming operations, raising concerns about Nigeria’s fuel production capacity.

The Nigerian National Petroleum Company Limited (NNPC) announced the shutdown on May 24, 2025, for a planned 30-day maintenance, but the facility has yet to produce fuel, frustrating local petroleum marketers.

The prolonged closure coincides with an Economic and Financial Crimes Commission (EFCC) investigation into alleged $7.2 billion fraud tied to the rehabilitation of Nigeria’s Port Harcourt, Warri, and Kaduna refineries.

On Monday, June 23, the EFCC arrested Umar Isa, former NNPC Chief Financial Officer, for alleged abuse of office and corruption related to $1.56 billion allocated for Port Harcourt, $740.6 million for Kaduna, and $656.9 million for Warri.

Other officials under scrutiny include Tunde Bakare (former Warri Refinery MD), Ahmed Adamu Dikko, and Ibrahim Monday Onoja (former Port Harcourt Refinery MDs), with the former Warri MD also detained.

A Troubled Turnaround

The NNPC’s former Chief Corporate Communications Officer, Olufemi Soneye, stated on May 23 that the maintenance was routine, but the agency currently lacks a spokesperson, and attempts to reach NNPC via its website’s contact details have been unsuccessful.

Local marketers report ongoing repair work, but the lack of official updates has fueled uncertainty.

The Port Harcourt refinery, with a 60,000-barrel-per-day capacity, was declared operational in November 2024 by then-Group CEO Mele Kyari after years of inactivity, boasting a 70% capacity output of 1.5 million liters of diesel and 2.1 million liters of Pour Fuel Oil daily.

The EFCC probe, targeting Kyari’s tenure, focuses on alleged fund diversion and kickbacks from contractors.

As CFO, Isa oversaw the release of funds for the turnaround maintenance,” an EFCC official said,  noting that key officials involved in major NNPC projects face scrutiny for corruption.

The investigation has raised questions about the efficacy of the $1.56 billion spent on Port Harcourt’s rehabilitation, especially as the facility remains offline.

Economic and Regional Context

The shutdown and probe come at a critical time for Nigeria, which is pursuing ambitious economic goals, including a $1 trillion economy by 2030, as highlighted in the recent $1 billion Nigeria-Brazil agreement for agriculture and energy.

That deal, signed on June 24, aims to modernize farming and boost gas production, underscoring Nigeria’s push for energy self-sufficiency.

However, the refinery’s closure undermines these efforts, as Nigeria continues to rely on fuel imports for its 200 million-plus population, driving inflation and economic strain.

The lack of transparency mirrors challenges in Nigeria’s foreign policy, such as the Ministry of Foreign Affairs’ silence on UAE visa restrictions, which impose a $60,000 bank balance requirement on Nigerians.

Both issues highlight governance gaps that hinder Nigeria’s global and domestic progress.

A Path Forward?

As the EFCC investigation unfolds and the refinery remains idle, Nigerians await clarity on when fuel production will resume.

Can the NNPC restore operations and rebuild trust, or will corruption allegations further erode confidence?

The nation’s energy future hangs in the balance.

 

Nigeria and Brazil Seal $1 Billion Deal to Transform Agriculture

Share:
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Related Links

Air Peace

Air Peace Issues Scam Warning on Fake Flight Discounts

On October 8, 2025, Air Peace Limited issued an urgent Air Peace scam warning about ...

permit-for-tinted-glass

Nigeria Pauses Tinted Glass Policy After Court Ruling

On October 8, 2025, Nigeria’s Federal Capital Territory (FCT) Police Command halted enforcement of the ...

Gold

Gold Prices Surge to Record $4,000 Per Ounce

On October 6, 2025, gold prices soared to an all-time high of $4,000 per ounce ...

Rugby

Rugby Nations Warn Against Joining R360 League

On October 7, 2025, eight major rugby nations, England, Ireland, Scotland, Italy, France, South Africa, ...

Features

Countries Aircraft

African Countries with the Largest Military Aircraft Fleets in 2025

Africa’s military aircraft fleets are key for defense, surveillance, and peacekeeping. In 2025, several nations ...

Countries

Top 10 African Countries with Best Salaries in 2025

Africa’s job market is growing fast. In 2025, some countries offer great pay. This list ...

Kanye West

New Documentary Explores Kanye West’s Turbulent Journey

A new documentary, In Whose Name?, directed by Nico Ballesteros, offers an intimate look at ...

japa

Top 9 African Countries Sending Immigrants to the United States

Africa’s influence in the United States continues to expand through immigration. Many individuals from the ...

GOLD_3_6

Top 10 Countries Benefiting from Gold Trading in 2025

Gold trading drives wealth for nations with large reserves. In 2025, countries with significant gold ...

FNB-Stadium

Top 10 Most Expensive Stadiums in Africa for 2025

Africa’s sports infrastructure shines with world-class stadiums built for football, rugby, and major events. These ...

Gold

Top Gold-Producing Countries in Africa for 2025

Africa remains a global leader in gold production, contributing significantly to the world’s supply. In ...

digital-nomad-visa

Top 10 Digital Nomad Visa Countries for 2025

As remote work continues to thrive, digital nomad visas offer professionals the chance to live ...

Latest News

Today in History

Error: cURL error 28: Connection timed out after 5001 milliseconds

Exchange Rate Per Dollar

AM Armenian Dram382.4819
GH Ghana Cedi12.46
GM Gambian Dalasi72
GN Guinea Franc8,669.9
NG Nigerian Naira₦1,471.42
CF CFA Franc BEAC563.5439
09 Oct · CurrencyRate · USD
CurrencyRate.Today
Check: 09 Oct 2025 02:05 UTC
Latest change: 09 Oct 2025 02:00 UTC
API: CurrencyRate
Disclaimers. This plugin or website cannot guarantee the accuracy of the exchange rates displayed. You should confirm current rates before making any transactions that could be affected by changes in the exchange rates.
You can install this WP plugin on your website from the WordPress official website: Exchange Rates🚀

YOUR THOUGHTS

Let us know what you think

Contact the People’s Paper with feedback on stories and how we could make wapress.africa even better!

newsletter image

Stay up to date with the latest from West Africa Press

Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on WApress.

Subscribe Newsletter!

Be the first to receive our latest contents and more...

Need help?