Allegations Of Petroleum Revenue Mismanagement Rock LPRC - News Summed Up

Allegations Of Petroleum Revenue Mismanagement Rock LPRC


By Amos HarrisThe Liberia Petroleum Refining Company (LPRC) finds itself under intensifying public scrutiny as allegations circulate across social media accusing the institution of mismanaging government tax revenues derived from petroleum imports. In a decisive move to counter these claims, LPRC management convened a press briefing on Wednesday, February 25, 2026, at its Bushrod Island headquarters. During the session, senior officials strongly denied the accusations and provided a detailed breakdown of the legal framework governing petroleum revenue in Liberia. According to the LPRC management, Liberia’s petroleum revenue administration is legally segmented to ensure checks and balances. Consequently, the LPRC management maintains that its operations are strictly overseen by a Board of Directors and relevant government oversight bodies.


Source: GNN Liberia February 27, 2026 08:31 UTC



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