Legal professionals sue EFCC, demand probe of NNPCL CFO, Adedapo Segun over ‘refinery fraud, OVH deal’

Adedapo Segun, the chief monetary officer of the Nigerian Nationwide Petroleum Firm Restricted and the Financial and Monetary Crimes Fee (EFCC) have been sued on the Federal Excessive Court docket in Abuja over the failed refinery rehabilitation and OVH Power deal.

The plaintiffs who’re attorneys accused Mr. Segun, former Government Vice President – Downstream, of alleged involvement within the failure of the over N5 trillion refinery rehabilitation undertaking, in addition to being “concerned in one other N140 billion deal to accumulate OVH Power by the NNPCL,” which is now beneath a number of investigations by “related companies and the Nationwide Meeting.”

The go well with marked: FHC/ ABJ/CS/1580/2025, and filed on Monday beneath the aegis of Registered Trustees of Rights for All Worldwide and led by constitutional lawyer Nnamdi Kingdom Okere, condemned “the lopsided investigation of the refinery rehabilitation that gulped over N5 trillion” and alleged that “the EFCC could also be shielding the NNPCL Chief Monetary Officer who oversaw the failed rehabilitation.”

Within the ex-parte utility, Rights for All Worldwide listed each the EFCC and Adedapo Segun as defendants.

Among the many reliefs sought is: “A declaration that the failure by the EFCC to analyze the fraudulent conduct or function of the 2nd Respondent, because the Chief Monetary Officer of the Nigerian Nationwide Petroleum Firm Restricted, Dapo Segun in reference to the acquisition of the of OVH Power by the NNPCL and rehabilitation of the Port-Harcourt and Warri Refineries, quantities to a refusal/failure of its statutory and/or public obligation and subsequently constitutes an abuse of powers, extremely vires and dangerous religion.”

The plaintiffs additionally prayed the court docket for: “An order of mandamus directing and compelling the first Respondent by its workers, officers, privies, servants or in any other case howsoever described to inside 7 days start investigation of the fraudulent conduct or function of the 2nd Respondent, because the Chief Monetary Officer of the Nigerian Nationwide Petroleum Firm Restricted, in reference to the acquisition of the of OVH Power by the NNPCL and rehabilitation of the Port-Harcourt and Warri Refineries and to publish the Report of the Investigation inside 14 days of its conclusion.”

As well as, they’re searching for: “An order of mandamus directing and compelling the first Respondent by its workers, officers, privies, servants or in any other case howsoever described, the place the Report of the Investigation discloses fee of any workplace, to forthwith arrest and prosecute the 2nd Respondent (Dapo Segun) for the financial and financials offences referring to the acquisition of the of OVH Power by the NNPCL and rehabilitation of the Port-Harcourt and Warri Refineries.”

The group can also be requesting: “An interim order of court docket directing the 2nd Respondent (Dapo Segun) to forthwith step apart because the Chief Monetary Officer of the Nigerian Nationwide Petroleum Firm Restricted and stop the efficiency of any obligation pertaining thereto, tampering with or altering any paperwork or data materials to the investigation into his conduct and/or function within the acquisition of the of OVH Power by the NNPCL and rehabilitation of the Port-Harcourt and Warri Refineries, pending the listening to and dedication of the Substantive Movement on Discover for Judicial Evaluate,” he prayed the court docket.

Kingdom expressed concern that “the person who was in command of the downstream operations of NNPCL was but to be introduced earlier than the regulation for his function within the failed train,” whereas calling on the court docket “to make an order mandating the EFCC to right away deliver the NNPCL Chief Monetary Officer to e-book.”

The plaintiff additional urged President Bola Ahmed Tinubu to “relieve the Chief Monetary Officer of his present appointment in order to forestall potential interference with very important proof.”

The attorneys are additionally accusing the EFCC of “selective investigation of fraud referring to the restore of refineries by the NNPCL,” warning that such a pattern “will break the integrity of the method if not instantly fastened.”