A Federal High Court has ordered the final forfeiture of N3.44 billion and three high-value properties linked to Salihu Nuhu Jamari, former Managing Director of NNPC’s Gas and Power Investment Company Limited, to the Federal Government of Nigeria.
The ruling, handed down by Justice J.O. Abdulmalik on Tuesday, March 31, 2026, follows an EFCC petition exposing alleged kickbacks, bribery, and money laundering within the NNPC.
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The forfeited assets include:
An unfinished six-bedroom duplex with boys’ quarters in Asokoro, Abuja;
A two-bedroom apartment in Ikoyi, Lagos;
A restaurant in Lokogoma, Abuja.
Investigations revealed that Jamari allegedly funneled illicit payments through his private firms, Cumulus Energy Limited and Pius and Phillips Petroleum Limited, while overseeing major NNPC projects.
The EFCC had earlier obtained an interim forfeiture order in February 2026, giving the public a chance to challenge the move—no objections were raised.
Justice Abdulmalik declared that the assets are proceeds of unlawful activities and must be permanently forfeited to the Federal Government.
The case marks another significant victory in the EFCC’s ongoing campaign against corruption in Nigeria’s oil and gas sector.
