A group of lawyers under the banner of the Guardian of Democracy and Rule of Law staged a massive protest at the Federal Ministry of Finance in Abuja on Monday, demanding a judicial inquiry into the tenure of Mele Kolo Kyari, the former Group Chief Executive Officer of the Nigerian National Petroleum Corporation Limited (NNPCL).
The protesters, led by Barrister Benjamin Theophilus, submitted a petition alleging widespread corruption, tax evasion, abuse of office, and misappropriation of public funds during Kyari’s leadership.
The petition highlighted several contentious issues, including inflated costs of refinery rehabilitation contracts, fraudulent crude oil allocations, mismanagement of the AKK Gas Pipeline Project, fuel subsidy fraud, and questionable crude-backed loans.
According to the petition, NNPCL under Kyari spent over $4 billion on rehabilitating the Port Harcourt, Warri, and Kaduna refineries, far exceeding an initial private-sector proposal of $1 billion for all three facilities.
“Kyari is alleged to have collaborated with consultants and contractors to conceal the actual cost of contracts and evade taxes,” the petition stated, noting that the refineries remain inefficient despite the expenditure.
The lawyers also accused Kyari of overseeing the diversion of crude oil allocations under the pretext of “pipeline security” at a rate of 80,000 barrels per day, with no transparent accountability mechanisms.
The $5 billion AKK Gas Pipeline Project was similarly flagged for irregularities in contract awards and execution, with little progress despite significant funding.
Further allegations include fuel subsidy fraud, with NNPCL reportedly increasing petroleum imports in 2020 during a global decline in fuel consumption due to the COVID-19 pandemic.
The petition also criticised crude-backed loans totalling $21.565 billion since 2019, which it claimed disadvantaged Nigeria by ceding trading profits to international traders.
The protesters called for a judicial commission to investigate Kyari’s tenure, probe payments to refinery contractors, and examine past audit failures.
They also urged the Federal Inland Revenue Service (FIRS) to investigate suspected tax evasion and fraudulent declarations, while advocating for the recovery of any misappropriated public funds.
The Federal Ministry of Finance has yet to respond to the petition, and NNPCL officials were unavailable for comment at the time of reporting.
<p>... Lawyers Demand Probe Into Mele Kyari’s NNPCL Tenure first appeared on Elanza News.</p>
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