4 Top Officials of NNPC were Dismissed Over Missing Petrol Scandal

It was indicated that the management of the Nigerian National Petroleum Corporation (NNPC) has wielded the big stick on four top officials of the agency.

According to multiple sources, Premium Times is reporting that the four ‘affected’ senior officials were asked to step down on Thursday over the ‘missing’ petrol scandal involving Capital Oil & Gas Nigeria Limited owned by businessman, Ifeanyi Ubah. The affected officials are: - The Managing Director of the NNPC Retail, Esther Nnamdi-Ogbue; - The General Manager (Operations) of NNPC Retail, Mamza Gwadabe; - Ibrahim Bello, another official of NNPC retail. While the identity of the last person could not be ascertained as at press time. It is known that the case and the officials have now been referred to the Economic and Financial Crimes Commission (EFCC) for a full-scale investigation of the matter. Mrs. Nnamdi-Ogbue who triggered the initial investigation after her attention was called to the matter was also squealed by Some birds in the polity. The products were – over 100 million litres of petrol worth over N14 billion – belonging to the NNPC Retail, were stored at the private depots under a throughput arrangement as part of the corporation’s strategy to build strategic national fuel reserve. It was told by Henry Ikem-Obi, The NNPC Chief Operating Officer, Downstream,that the fraud was discovered last January when the Petroleum Products Marketing Company, PPMC, another subsidiary of NNPC, needed to access the NNPC Retail’s petrol stored at the Capital Oil depot, to bridge the supply gap.