Friday, November 13, 2026

Group seeks forensic audit of four refineries, refutes ADC’s $18 billion repairs claim

The group said while not objecting to the audit of the refineries, limiting it to the APC years alone was a disservice to transparency.

• July 26, 2025
Kaduna refinery
refinery [Credit: TheCable]

The Independent Media and Policy Initiative (IMPI) has called for a comprehensive forensic audit of Nigeria’s four state-owned refineries covering the period from 2000 to 2023.

Chairman of IMPI, Dr Omoniyi Akinsiju, said this in a statement on Friday in Abuja.

Mr Akinsiju also faulted allegation by the African Democratic Congress that successive All Progressives Congress administrations spent 18 billion dollars on refinery rehabilitation.

The IMPI chairman dismissed the claim as misleading, insisting that decades of mismanagement and opaque spending predated APC rule and deserves full scrutiny.

He said, “We do not object to an audit but limiting it to the APC years alone is a disservice to transparency. A credible audit must trace all disbursements from the year 2000 onward, which is when Nigeria’s refinery woes deepened under civilian rule.’’

Mr Akinsiju provided a historical breakdown of the various turnaround maintenance contracts awarded since the 1990s, many of which he said delivered little to no improvement.

He cited specific cases, including a 1994 contract awarded to Chrome Oil Services Limited for the Port Harcourt refinery, which reportedly yielded poor results despite a 216 million dollar spend.

The IMPI boss recalled how successive administrations spent over 4.6 billion dollars between 2000 and 2015 yet left the refineries in disrepair.

He said that this included administrations led by former Presidents Olusegun Obasanjo and Goodluck Jonathan collectively.

He pointed to a 2015 NNPC internal report which revealed that no proper maintenance had occurred since 2001, with aging infrastructure and untraceable components stalling operations.

On the role of the APC administrations, Mr Akinsiju said that while late former President Muhammadu Buhari did commit resources to refinery rehabilitation, the process was fundamentally different from past TAM exercises.

He referenced contracts awarded in 2021 for full-scale rehabilitation and quoted former NNPC Group Chief Executive, Mele Kyari, to explain the distinction.

“We are not doing turnaround maintenance; we are doing rehabilitation of the refineries, and this is very different. It means that we are replacing certain major components. In rehabilitation, we normally do not shut down the plant completely. We repair a segment of it, and then it starts working, and then you move to the next segment. You continue to scale up, which is why, within the four years, the contractor would have completely left your premises,” he quoted Mr Kyari as saying.

Mr Akinsiju said that a full-spectrum audit would help Nigeria account for billions of dollars and shape future oil and gas policies, particularly in the midstream sector.

He added, “We must clarify history and ensure accountability. This is not about party politics but national interest and public trust.”

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Nigerian Bar Association

States

Independence: NBA urges Nigerians to expect better future

The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Delta Governor, RT. Hon Sheriff Oborevwori [Photo: Facebook/ Sheriff]

States

Gov. Oborevwori pledges stronger partnership with traditional rulers

The governor described traditional rulers as indispensable partners in governance.

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA)

Heading 2

NMDPRA moves to curb tanker crashes, sensitises drivers

He noted that the transportation of petroleum products remained critical to Nigeria’s energy security and economic development.

Scott Colom

World

Scott Colom emerges first Black senator-elect in Mississippi since 1874

Mr Colom, 43, scored 49.2 per cent of the votes to defeat incumbent Senator Cindy Hyde-Smith.

APC LOGO

Lagos

APC condemns disruption of Obi’s NDC town hall meeting in Lagos

The APC enjoined political parties and candidates to campaign on issues that uplift Nigerians’ lives and not instigate violence at political events.

Yunusa Tanko and Peter Obi

Hot news Home top

I left Obi because my trust, loyalty were betrayed: Yunusa Tanko

Mr Tanko’s exit from the Obidient Movement is the latest in a series of departures by Mr Obi’s followers.

ASUU

Heading 1

2027: ASUU warns officials against endorsing political parties, candidates

ASUU said members were free to exercise their constitutional rights to vote and participate in the electoral process.