Court Orders Final Forfeiture Of N3.44Billion, Three Properties Linked To Ex-NNPC Official Jamari
Court Orders Final Forfeiture Of N3.44Billion, Three Properties Linked To Ex-NNPC Official Jamari
The forfeited sum, N3,444,000,000, alongside three properties, was traced to Jamari during his tenure as Managing Director of NNPC’s Gas and Power Investment Company Limited (NGPIC).
A Federal High Court in Abuja has ordered the final forfeiture of N3.44 billion and multiple high-value properties linked to a former top official of the Nigerian National Petroleum Corporation (NNPC), Salihu Nuhu Jamari, over alleged involvement in corruption and money laundering.
Justice J. O. Abdulmalik delivered the ruling on Tuesday, granting the application filed by the Economic and Financial Crimes Commission (EFCC) for the permanent seizure of the assets.
The forfeited sum, N3,444,000,000, alongside three properties, was traced to Jamari during his tenure as Managing Director of NNPC’s Gas and Power Investment Company Limited (NGPIC).
The affected properties include an uncompleted six-bedroom semi-detached duplex with boys’ quarters located at Plot 3168, Asokoro District, Abuja; a two-bedroom apartment in Osborne Phase II, Ikoyi, Lagos; and a restaurant situated at Plot 102, Cadastral Zone C09, Lokogoma District, Abuja.
The court’s decision followed a motion on notice filed on March 17, 2026, by EFCC counsel, Ekele Iheanacho (SAN).
Justice Abdulmalik had earlier granted an interim forfeiture order on February 25, 2026, directing that the assets be publicly advertised for any interested parties to show cause why they should not be permanently forfeited to the Nigerian Government.
No objections were filed within the stipulated period.
In her ruling, Justice Abdulmalik held that the EFCC’s application had merit and subsequently ordered the final forfeiture of the funds and properties to the Federal Government of Nigeria.
According to court filings, the forfeited assets are linked to an ongoing investigation into alleged conspiracy, bribery, kickbacks, and money laundering within the NNPC involving both staff and contractors.
Jamari’s name surfaced prominently in a petition dated April 28, 2025, which triggered a probe by the anti-graft agency.
Investigations reportedly revealed that Jamari, while serving as Managing Director of NGPIC, used his position and influence to facilitate illicit financial gains through private companies in which he had significant interests.
The EFCC identified the firms as Cumulus Energy Limited and Pius and Phillips Petroleum Limited, both of which Jamari allegedly controls as a director and account signatory.
Through the entities, he was said to have received kickbacks from three contractors awarded major projects by the Nigerian National Petroleum Company Limited (NNPCL).
