The Economic and Financial Crimes Commission’s ongoing investigation into Nigeria’s refinery rehabilitation projects has generated more confusion than clarity. Having closely followed the Port Harcourt and Warri refinery overhauls from the outset, I find it both perplexing and concerning that Mr. Dapo Segun—now Chief Financial Officer of the Nigerian National Petroleum Company Limited (NNPCL)—is absent from the EFCC’s list of individuals under scrutiny. In a letter dated April 28, 2025, the EFCC announced its probe into alleged abuse of office and misappropriation of funds related to the refineries’ rehabilitation. The…
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