Justice J.O. Abdulmalik of the Federal High Court, Abuja, on Tuesday, ordered the final forfeiture of N3,444,000,000 and three properties linked to Salihu Nuhu Jamari during his tenure as Managing Director of the Nigerian National Petroleum Corporation (NNPC) Gas and Power Investment Company Limited.
The assets forfeited include an uncompleted six-bedroom semi-detached duplex with boys’ quarters at Plot 3168, Asokoro District, Abuja; a two-bedroom flat at Block 2, Apartment A1, Osborne Phase II, Ikoyi, Lagos; and a restaurant at Plot 102, Cadastral Zone C09, Lokogoma District, Abuja.
The order followed a motion filed by the Economic and Financial Crimes Commission (EFCC) on March 17, 2026, through its counsel, Ekele Iheanacho, SAN.
Earlier, on February 25, 2026, the court had granted an interim forfeiture order and directed its publication in a national newspaper, inviting any interested parties to show cause why the assets should not be permanently forfeited to the Federal Government.
The sum of N3.44 billion is linked to an alleged scheme involving conspiracy, kickbacks, bribery, and money laundering among NNPC staff and contractors, in which Jamari was prominently mentioned in a petition dated April 28, 2025.
Investigations revealed that Jamari allegedly leveraged his position as Managing Director of NGPIC to channel kickbacks through private firms—Cumulus Energy Limited and Pius and Phillips Petroleum Limited—where he served as a director and signatory.
The funds were said to have originated from three contractors awarded major projects by NNPCL.
After reviewing the EFCC’s application, Justice Abdulmalik ruled that it had merit and ordered the final forfeiture of the funds and properties to the Federal Government of Nigeria.