Court Orders Final Forfeiture Of ₦3.44 Billion, Properties Linked To Ex-NNPC Official
Justice J.O Abdulmalik of the Federal High Court in Abuja on Tuesday ordered the final forfeiture of ₦3,444,000,000 and three properties linked to a former Managing Director of the Nigerian National Petroleum Corporation’s Gas and Power Investment Company Limited, Salihu Nuhu Jamari.
The order followed a motion on notice filed by the Economic and Financial Crimes Commission (EFCC) on March 17, 2026, through its counsel, Ekele Iheanacho (SAN).
The court-listed properties forfeited to the Federal Government include an uncompleted six-bedroom semi-detached duplex with boys’ quarters located at Plot 3168, Asokoro District, Abuja.
Others are a two-bedroom flat at Block 2, Apartment A1, Block EFG, Osborne Phase II, Ikoyi, Lagos, as well as a restaurant situated at Plot 102, Cadastral Zone C09, Lokogoma District, Abuja.
Papers News understands that the trial judge had earlier, on February 25, 2026, granted an interim forfeiture order and directed that the order be published in a national newspaper to allow any interested party to show cause why the assets should not be permanently forfeited to the Federal Government.
The sum of ₦3.44 billion, according to the EFCC, is part of funds linked to alleged conspiracy, kickbacks, bribery and money laundering involving staff and contractors of the NNPC.
The anti-graft agency stated that Jamari’s name featured prominently in a petition dated April 28, 2025, which triggered investigations into the transactions.
Upon receipt of the petition, the commission said it carried out extensive investigations, which revealed that Jamari allegedly used his position as Managing Director of the NNPC Gas and Power Investment Company Limited to secure illicit benefits.
According to the EFCC, he operated through private firms, Cumulus Energy Limited and Pius and Phillips Petroleum Limited, where he served as a director and signatory to the accounts.
The agency alleged that through these companies, he received kickbacks from three contractors awarded major projects by the NNPCL.
Ruling on the application, Justice Abdulmalik held that the EFCC had provided sufficient grounds to justify the forfeiture.
The judge subsequently ordered the final forfeiture of the ₦3.44bn and the listed properties to the Federal Government of Nigeria.
