Nigeria never runs short of oil scandals, and now the spotlight is back on Mele Kyari, the immediate past Group Managing Director of the Nigerian National Petroleum Company Limited. From boardrooms to interrogation rooms, the man who once steered the nation’s oil giant is now answering questions at the EFCC headquarters over alleged financial misconduct. The Kyari drama is unfolding like a bad sequel in a series Nigerians have seen too many times.
A Familiar Story Dressed in New Clothes
According to insiders at the anti-graft agency, Kyari is being grilled over suspicious transactions tied to his tenure. Billions of dollars earmarked for Nigeria’s sickly refineries are at the heart of the investigation. If that sounds familiar, it’s because Nigerians have watched the refinery story drag on for decades, money allocated, contracts awarded, yet no functioning refineries to show.
The $7.2 Billion Question
Kyari has been linked to a $7.2 billion turnaround maintenance project that, like many before it, raised more dust than results. The EFCC has already moved to freeze some bank accounts connected to him, hinting that the paper trail may not be as clean as the reforms he preached while in office. For a man once praised for leading NNPC’s transition into NNPCL, this turn of events paints a very different legacy.
Reforms or Mirage?
Supporters of Kyari often point to his role in reshaping the state oil firm into a limited liability company as proof of his forward-thinking leadership. But what good is a shiny new corporate identity if the same old allegations of fraud and waste keep circling the sector? Nigerians wanted efficiency; instead, they are watching yet another high-profile oil boss defend himself in front of EFCC interrogators.
Why This Drama Matters
This isn’t just about one man’s alleged misconduct. It’s about a pattern. Every administration promises to “fix” the oil sector, yet the sector continues to be the bleeding wound of Nigeria’s economy. If Kyari, who positioned himself as a reformer, ends up buried under the same corruption charges as his predecessors, then Nigerians are right to ask: is the system itself built to fail? From NNPCL boss to EFCC guest, Kyari’s journey sums up the tragedy of Nigeria’s oil industry — grand promises, endless reforms, and a finish line that always ends in scandal.