The Economic and Financial Crimes Commission (EFCC) has recovered over N5 billion and 10 million from contractors and former government officials linked to fraudulent activities in the turnaround maintenance of Nigeria’s refineries in Port Harcourt, Kaduna, and Warri.
The commission is also pursuing the recovery of an additional N10 billion and 13 million, allegedly siphoned through inflated contracts.
EFCC Chairman Ola Olukoyede is personally overseeing the investigation, expressing frustration over the continued failure of the refineries despite massive public investments.
Nigeria’s four refineries have remained largely non-operational for years, despite repeated rehabilitation efforts.
