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NNPCL Boss Accused of Economic Sabotage Over Port Harcourt Refinery Shutdown

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The Independent Corrupt Practices and Other Related Offences Commission for Nigeria (ICPC) has been urged to investigate and take action against Bayo Ojulari, Group Chief Executive Officer (GCEO) of the Nigeria National Petroleum Corporation Limited (NNPCL), over allegations of economic sabotage and lying.

According to an open letter addressed to the ICPC Chairman on Monday September 1, 2025, Ojulari allegedly ordered the shutdown of the Port Harcourt refinery despite it being profitable, with an average monthly net profit of over $20 million. The letter claims that Ojulari’s decision was motivated by plans to sell the refinery at scrap value to a company allied with him and to divert the refinery’s crude oil allocation for personal gain.

The group also addressed the open letter to President Bola Tinubu, Senate President Godswill Akpabio, and Speaker of the House of Representatives Tajudeen Abbas regarding their recent concerns about the management of the state-owned refinery.

The letter further alleges that Ojulari has been peddling falsehoods about the refinery’s operations, initially claiming that it was shut down for maintenance and later stating that it was running at a monthly loss of N500 million.

An economic analysis of the refinery’s operations, attached to the letter, shows that the refinery was generating an average monthly net profit of $20 million under various scenarios. The analysis suggests that Ojulari’s claims of the refinery running at a loss are false and that the shutdown was a deliberate act of economic sabotage.

The signatories to the letter, including OilWatch Nigeria, Workers’ Rights Alliance, and Nigeria Concerned Citizens Watch, are calling for Ojulari’s immediate removal from office and an independent investigation into the refinery’s shutdown.

The letter reads in part:

On Thursday, 28th August 28, 2025, the embattled Group CEO of NNPC Limited, Bashir Ojulari told yet another lie in the ever-changing narrative of why he made the reckless decision of shutting down Port Harcourt refinery. From his initial lie that the refinery was shut down because it was due for maintenance, Ojulari is now peddling yet another falsehood that Port Harcourt refinery was shuttered because it was running at a monthly loss of N500million. This he stated during an interactive session with PENGASAN officials in Abuja, on Thursday, 28th August, 2025.

Whilst it is difficult to keep track of Ojulari’s ever-evolving position on Port Harcourt refinery, the fact remains that the refinery was running profitably and earning Nigeria an average monthly profit of over $20million before Ojulari made his Ill-advised decision to have the refinery shut down. This is from concrete evidence obtained from very senior NNPCL officials, who had advised Ojulari against his reckless decision. The truth of the matter is that Ojulari ordered the shutting down of Port Harcourt refinery

because he had made plans to sell the refinery (at scrap value) to AYM Shafa Group, a company allied with both himself and Bashir Haske (son -in law to Atiku Abubakar, who was recently declared wanted by the EFCC). Secondly, Ojulari wanted the monthly crude oil allocation for Port Harcourt refinery to be diverted to his friends and cronies, for sale as spot cargoes for personal gain.

By shutting down a fully operational refinery, Ojulari has committed unforgivable economic sabotage against the government and people of Nigeria, and no amount of lying and double speak can change that fact. We call for an independent economic analysis of the refinery’s operations, prior to its unceremonious closure by Ojulari. Even the most uneducated eye can spot Ojulari’s lie once they look at the economic analysis provided below.

This refinery was running smoothly and making over $20million monthly for Nigerians. It was not running at a loss as falsely claimed by Ojulari.
Please see high-level economic analysis for the refinery, below:

Economic Analysis of Port Harcourt Refinery Operations.
A detailed economic analysis of the operation of Port Harcourt refinery has been conducted under five (5) scenarios. Based on an average prevailing crude oil price of $66.28/barrel, Crack C5+ price of $635/ton, refinery operating expenditure (OPEX) of $7/barrel, and prices of petroleum products, namely, LPG at $486/ton, AGO at $711.1/ton, Kerosene at $733/ton, Naphtha at $553.3/ton, PMS at $725/ton and LPFO at $554.6/ton, as provided by PHRC, the following results have emerged; showing that the refinery was generating an average monthly NET profit of US$20million in the worse-case scenario.

Model

Gross Profit Per Month ($ Million/Month) Gross Profit Per Barrel ($/Barrel) Net Profit Per Month ($ Million/Month) Net Profit per Barrel ($/Barrel

Model

1 31,510 19.45 20.170 12.45

Model

2 46.51 28.67 35.11 21.67

Model

3 40.606 25.07 29.266 18.07

Model

4 32.539 20.09 21.199 13.09

Model

5 47.481 29.31 36.141 22.31

Model 1 : Only Unit 10 (CDU) is running, the LPG is flared, and Naphtha is sold as an unfinished product. This is the configuration the refinery was operating before it was shut down on 24 th May 2025. Under this model, the refinery was generating an average monthly NET profit of US$ 20million.

Model 2: Only Unit 10 (CDU) is running, the LPG is flared, and Naphtha is blended with Crack C5+ to produce PMS.

Model 3: Both Unit 10 (CDU) and Unit 12 (CRU) are running, while Unit 14 (LPG recovery) is not operational. The LPG is flared.

Model 4: Both Unit 10 (CDU) and Unit 14 (LPG recovery) are running. LPG is recovered, and Naphtha is sold as an unfinished product.

Model 5: Both Unit 10 (CDU) and Unit 14 (LPG recovery) are running. LPG is recovered, and Naphtha is blended with Crack C5+ to produce PMS. With Unit 14 now confirmed ready for commissioning, this configuration can be achieved as soon as the refinery resumes operation, with the possibility of generating an average monthly NET profit of US$ 35million.

We call for an independent economic analysis of the refinery’s operations, prior to its unceremonious shutdown by Ojulari. Even the most uneducated eye can spot Ojulari’s lie once they look at the economic analysis we have provided. This refinery was making over N20billion monthly and not losing money as falsely asserted by Ojulari.

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Hon. Hamma Adama Ali Kumo Applauds APC Consensus, Declares Full Support for Dr. Jamilu Gwamna and Governor Yahaya’s Senatorial Bid

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Hon. Hamma Adama Ali Kumo, National Deputy Financial Secretary of the All Progressives Congress (APC), has congratulated Dr. Jamilu-Isiyaku Gwamna on his emergence as the party’s consensus governorship candidate for Gombe State ahead of the 2027 general elections.

In a statement issued in Abuja, Hon. Kumo described Dr. Gwamna as “a visionary leader, accomplished technocrat, and grassroots mobilizer whose credibility and capacity will strengthen the APC’s position in Gombe.” He noted that the consensus arrangement reflects the party’s commitment to unity and inclusiveness, adding that it is a step toward consolidating APC’s achievements in the state.

Hon. Kumo called on all aspirants who contested for the governorship ticket to rally behind Dr. Gwamna, stressing that collective effort is essential for the APC to secure victory. “Every aspirant remains a vital pillar of our party. By joining hands with Dr. Gwamna, we can ensure APC’s continued dominance and deliver progress for the people of Gombe,” he said.

He further commended Governor Muhammadu Inuwa Yahaya for his exemplary leadership, which has brought peace, infrastructural development, and political stability to Gombe State. Hon. Kumo emphasized that the governor’s guidance was instrumental in the smooth adoption of consensus candidates, describing him as “a leader whose vision has transformed Gombe and whose legacy will endure.”

Hon. Kumo also reaffirmed his support for Governor Yahaya’s senatorial aspiration, expressing confidence that his wealth of experience will bring quality representation to the National Assembly. He noted that Yahaya’s senatorial bid complements Dr. Gwamna’s governorship candidacy, creating a formidable team to advance APC’s mission in Gombe.

Concluding his remarks, Hon. Kumo urged party members, stakeholders, and the electorate to remain steadfast in their support for APC candidates, assuring that with unity and determination, the party will deliver victory and sustain progress in Gombe State.

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Nassarawa 2027: Crisis Rocks APC as Lawyer petitions governor Sule anointed Aspirants over dual membership of SDP/APC.

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A legal practitioner in Nasarawa State and member of the All Progressives Congress (APC), Barr Tari Trochon has submitted a Formal petition to the National Secretariat of the party demanding proper investigation into the alleged dual membership of Senator Aliyu Ahmed Wadada.

Senator Wadada has won elections into the Senate in 2023 on the platform of the Social Democratic Party (SDP) and has emerged the preferred choice of Governor Abdullahi Sule of Nassarawa State for the APC Governorship primaries scheduled for May 21st 2026.

According to the petition signed by Barr Trochon from Nakere ward of Wamba LGA, “we demand immediate investigation into Wadada membership and compel him to produce verifiable evidence of resignation from the SDP which should be verified from the national leadership of the SDP and not forged documents.

“His disqualification from the participation in the primaries if he fails to establish lawful and exclusive membership of the APC among other legal violations of the Constitutional provisions by Wadada participating in the process while holding dual membership of SDP and APC”

The legal Practitioner warned that allowing Wadada participate in the forth coming gubernatorial primaries would amount to institutional endorsement of illegality that will set the grounds for pre-election legal challenges that might lead to disqualification.

” The enormous credibility issues bothering on how his failure to inform the Senate of his alleged defection, nine months after, provides a fertile ground for litigations that may be costly to the APC in Nasarawa State if he is not stopped.

“We are aware that the SDP is set to take Senator Wadada to court over his defection to APC while still maintaining his membership with SDP simultaneously” he said.

The Petitioner added that in view of time constraint, he will be left with no other option than to proceed to court in order to save the APC in Nasarawa State from imminent problems that may cost us electoral misfortunes.

“There is prima facie infraction of section 222 of the Constitution of the Federal Republic of Nigeria, 1999 (as amended), section 77 of the Electoral Act 2026, Conventions of the Senate and clear expressions of lack of credibility and character which must be looked into.

“He shouldn’t go into our Direct Primaries, and we’ll ensure the Courts stop him from further participation” he said.

He maintained that the Petition has since been submitted to the APC national Secretariat, signed received and acknowledged.

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NEW LAFIA BYPASS ENDS YEARS OF TRAFFIC NIGHTMARE, TRANSFORMS MOBILITY AND LIVELIHOODS

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BY MOHAMMED MUSA

Residents and motorists in Nasarawa State are already feeling the relief that comes with good infrastructure, as the main construction of the Lafia bypass has been completed, slashing travel time through the state capital from 45 minutes to just 15 minutes.

The bypass, a critical section of the Keffi Road Phase II project, was constructed by China Harbour Engineering Company, CHEC, and its completion is quietly transforming local traffic conditions. Although the formal handover is still being prepared, many residents and drivers say the improvement in travel time and road environment is unmistakable.

For years, Lafia, the capital of Nasarawa State, has groaned under the weight of heavy transit traffic. As a major gateway linking Abuja to Makurdi and the eastern corridor, all long-haul vehicles had no choice but to crawl through the city centre. The result was predictable: congestion, wasted man-hours, higher fuel consumption, and increased safety risks for both residents and commuters.

However the story has changed.
Abdullahi Mohammed , a small shop owner in Lafia and a regular traveler on the route, captures the mood on the street. “It used to take about 45 minutes to pass through the city, especially when heavy trucks were on the road. Traffic jams and delays were common,” he said. “Now, with the completion of the Lafia bypass, it only takes about 15 minutes to get across. These past few days, the roads feel much smoother, and going out is more reassuring.”

The impact is even more direct for commercial drivers who earn their living on the road. A freight driver who spoke with our correspondent explained that the old route through the city was not just slow but costly. “Previously, vehicles had to pass through the city, which was time-consuming, increased fuel consumption, and posed safety risks,” he noted that, “now with the bypass, we save time and it’s safer. This is very important for those of us in transport because we save on fuel consumption and time spent on the road, which has greatly improved profitability.”

It is worthy of note that, Lafia has long endured heavy transit traffic pressure, with urban roads often congested during peak hours. The city’s status as an administrative and commercial hub means that local traffic already competes for limited road space. The hundreds of trailers and tankers heading to Benue, Cross River, and beyond, through Lafia put a lot of strain on Lafia’s inner roads.
With the completion of the bypass’s main works, transit vehicles will gradually be diverted, easing the burden on city traffic. The benefit goes beyond speed. Improved road conditions will also provide more efficient channels for agricultural product transport and daily goods circulation. Nasarawa is an agrarian state, and farmers along the corridor stand to gain from faster access to markets in Abuja and Makurdi. For residents, it means fresher produce, lower transport costs, and a tangible lift in quality of life.

The bypass is not just another road; it is a strategic intervention that had stalled for years before the current administration revived it. Delivering it required more than engineering skill, it demanded discipline, planning, and resilience.

Despite a complex security environment, the CHEC construction team advanced steadily by strengthening site management and optimizing construction organization. The company ensured the smooth completion of the section in record time, maintaining standards across earthworks, hydraulic structures, stone base, asphaltic concrete, and drainage.
The result is a road that meets specification and already delivers value before formal commissioning. Preparations for handover are now underway, and the bypass’s traffic relief function will gradually take effect. Industry observers note that CHEC’s ability to deliver under pressure reinforces its reputation for quality and timely delivery on federal road projects across Nigeria.
Engr Shuaibu Abdullahi the Principal Engr Federal Ministry of Works Lafia Field Headquarter, Nasarawa State couldn’t have put it better while commending CHEC and the impact of the bypass: “The Lafia bypass road project stands as a transformative and important road corridor for both the community along the road and commuters. By significantly reducing travel time between Lafia and Makurdi, easing traffic congestion within Lafia metropolis, and lowering vehicle maintenance costs, the project enhances mobility, productivity, and overall quality of life. Equally impactful is the lifesaving construction of drainage systems in Mararaba, a deliberate corporate social responsibility effort by the contractor aimed at mitigating the effects of perennial flooding, safeguarding lives, property, and livelihoods. Together, these interventions not only improve access to markets for farm produce but also reinforce a commitment to sustainable development and community well-being.”

In a similar vein, Abdullahi Shehu Kasimu the Village head of Mararaba Akunza gave commendation to CHEC for its Corporate Social Responsibility works to control flooding on the Mararaba axis of the road corridor: “On behalf of the Mararaba Akuza community, we wish to express our sincere appreciation to Messrs CHEC for coming to our aid through the expansion of drainage facilities in Mararaba Akuza. For many years, the community suffered persistent flooding that damaged homes and property, but this intervention has brought much-needed relief.
Today, residents are already experiencing the positive impact of the upgraded drainage system, which has significantly improved water discharge and offers lasting protection against future flooding.
We also extend our gratitude to His Excellency, Engr. A. A. Suleiman, the Executive Governor of Nasarawa State, for his prompt response to our concerns and support for this intervention”.

Expectation is high in Lafia. “If it can be fully opened soon, it will be good for all of us,” said Aliyu Subair, echoing a view expressed by several residents. For traders, students, civil servants, and transporters, the bypass represents time recovered and costs saved. For the state government, it frees up inner-city roads for local use and reduces maintenance pressure caused by heavy-duty vehicles.

As follow-up works continue, this vital regional corridor is steadily unlocking its value for people’s livelihoods and national development. The bypass does three things at once: it cuts travel time by 66 percent, improves road safety by separating through-traffic from city traffic, and creates an economic artery for Nasarawa and neighboring states.

The completion of the main works is proof that with political will, proper funding, and competent contractors, Nigeria can turn frustration into free flow. CHEC’s delivery of the Lafia bypass to good standard and in record time sets a benchmark for how critical road interventions should be executed.

For Abdullahi Sabo, the shop owner, the change is simple but profound: “Going out is more reassuring.” For Nigeria’s transport economy, it is another step toward an integrated, efficient road network.

The Lafia bypass may have been built quietly, but as an important local transportation milestone, the project has improved the regional road network, eliminated urban congestion, and enhanced traffic safety. Supported by complementary drainage works, it has addressed flooding issues affecting livelihoods, effectively driving commercial and agricultural upgrades along the route, revitalizing the regional economy, and becoming a benchmark project for high-quality infrastructure cooperation between China and Nigeria

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