NNPC Sacks 4 Top Officials Over Missing N14 Billion Petroleum Scandal

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​The management of the Nigerian National Petroleum Corporation (NNPC) has asked four top officials of the agency to leave over missing petroleum scandal.

Premium Times reports that those asked to step down are the Managing Director of the NNPC Retail, Esther Nnamdi-Ogbue; the General Manager (Operations) of NNPC Retail, Mamza Gwadabe; as well as Ibrahim Bello, another official of NNPC retail. The identity of the last person could not be confirmed as at press time. 
The products, 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. The NNPC Chief Operating Officer, Downstream, Henry Ikem-Obi, said 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.
Following Premium Times’ exclusive report on the scandal also involving MRS Petroleum, the NNPC announced that it had set up a committee to investigate the matter. The committee reportedly found the officials culpable and recommended their dismissal from service.
The case and the officials are now to be referred to the Economic and Financial Crimes Commission for a full-scale investigation of the matter. 

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