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Alleged Corruption: Coalition protests against Bayo Ojulari, seeks his arrest. Prosecution

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A coalition of civil society groups, including OilWatch Nigeria and Workers’ Rights Alliance, held a press conference at the Economic and Financial Crime Commission, EFCC, Headquarters in Abuja on Thursday, July 31, 2025, demanding the immediate arrest and prosecution of Bayo Ojulari, Group Chief Executive Officer of the Nigerian National Petroleum Corporation Limited (NNPCL).

The coalition alleged that Ojulari was implicated in a massive corruption scandal involving ₦34.65 billion, equivalent to $21 million. According to the group, the Economic and Financial Crimes Commission (EFCC) has already detained Abdullahi Bashir Haske, a close associate of Ojulari, who confessed to holding the $21 million on Ojulari’s behalf.

The press conference was jointly signed by the trio of Emmanuel Ekpeyong representing OilWatch Nigeria; Danladi Usman from Workers’ Right Alliance and Babatunde Anifowoshe of Nigeria Concerned Citizens. The coalition also announced a three-day peaceful protest starting August 1, 2025, at the National Assembly, NNPCL Headquarters, and the EFCC office in Abuja.

“We will not stand idly by while one individual’s greed tarnishes our collective future,” said Emmanuel Ekpeyong of OilWatch Nigeria. “The evidence against Ojulari is damning, and the EFCC must act swiftly to bring him to justice.”

The coalition also accused Ojulari of living an extravagant lifestyle, residing in the lavish Presidential Suite of the Wells Carlton Hotel, and using shell companies to siphon funds through inflated contracts and kickbacks.

The group is urging President Bola Ahmed Tinubu to demonstrate zero tolerance for corruption by supporting the EFCC’s efforts to arrest and prosecute Ojulari and removing him from his position as NNPCL CEO.

As the nation waits with bated breath for accountability, one thing is clear: the fight against corruption has reached a critical juncture. Will justice be served, or will the powerful once again escape accountability? Only time will tell,” the coalition stressed.

The statement reads in full:

We, the coalition of OilWatch Nigeria, Workers’ Rights Alliance, and concerned citizens, stand united today to confront a grave injustice that threatens the soul of our nation and undermines the credibility of President Bola Ahmed Tinubu’s administration. We are here to demand the immediate arrest and prosecution of Mr. Bayo Ojulari, Group Chief Executive Officer of the Nigerian National Petroleum Corporation Limited (NNPCL), who has been directly implicated in a massive corruption scandal. His actions have plunged Nigeria into a crisis of trust and economic sabotage, and we will not stand idly by while one individual’s greed tarnishes our collective future. The evidence against Ojulari is damning, and the EFCC must act swiftly to bring him to justice.

Bayo Ojulari’s Implication in a $21 Million Scandal
The recent detention of Abdullahi Bashir Haske by the Economic and Financial Crimes Commission (EFCC) for three days has exposed a staggering corruption scandal at the heart of NNPCL. Haske, a close associate of Ojulari, confessed to the EFCC that the $21 million found in his account—equivalent to approximately ₦34.65 billion at the current exchange rate of ₦1,650 to $1—belongs to Bayo Ojulari. Let us be clear: this is not a trivial sum. Thirty-four billion, six hundred and fifty million naira is an obscene amount of money, enough to fund critical infrastructure, healthcare, or education for millions of Nigerians. Yet, this fortune was allegedly stashed in an account that previously held a mere $5,000 (₦8.25 million). This revelation alone demands the immediate arrest and prosecution of Bayo Ojulari to uncover the full extent of his illicit dealings and ensure justice for the Nigerian people.

Further Allegations Against Bayo Ojulari
Extravagant Lifestyle at Wells Carlton: While Nigerians struggle to afford basic necessities, Ojulari resides in the lavish Presidential Suite of the Wells Carlton Hotel alongside Haske. This ostentatious lifestyle, funded by questionable means, is a gross betrayal of public trust and a clear indication of ill-gotten wealth.

Damage to Tinubu’s Administration: Ojulari’s actions are inflicting irreparable harm on President Tinubu’s reputation. His leadership at NNPCL has fostered a culture of corruption, eroding public confidence in the government’s commitment to transparency. Allowing him to remain free sends a dangerous signal that corruption is tolerated at the highest levels.

Shell Companies and Contract Fraud: Ojulari is accused of orchestrating the use of shell companies to siphon funds through inflated contracts and kickbacks. Haske’s testimony allegedly exposes a network of illicit transactions tied to NNPCL’s operations, with ₦34.65 billion being just the tip of the iceberg.

Cronyism and Abuse of Power: Ojulari has filled key NNPCL positions with unqualified loyalists, sidelining competent professionals and prioritizing personal gain over national interest. This cronyism has crippled NNPCL’s efficiency and deepened public distrust, particularly among oil workers.

Obstruction of Justice: Credible reports suggest Ojulari has actively interfered with EFCC investigations to shield his allies, delaying justice and allowing corrupt practices to flourish. Such actions are an affront to the rule of law and demand his immediate arrest.

Our Demands
We call on the EFCC to immediately arrest and prosecute Bayo Ojulari for his alleged role in the ₦34.65 billion scandal and other corrupt practices. The evidence provided by Haske’s confession is sufficient to warrant his detention and a thorough investigation into his financial dealings, including the source of the $21 million and his involvement in NNPCL’s questionable contracts. We also demand that President Tinubu sack Ojulari from his position as NNPCL Group Chief Executive Officer to demonstrate zero tolerance for corruption and restore public confidence in his administration.
The magnitude of this scandal—₦34.65 billion stolen from the Nigerian people—cannot be overstated. This is money that could have built hospitals, schools, or roads, or ensured fair wages and safety for oil workers, yet it was allegedly funneled into private hands under Ojulari’s watch. Justice must be swift, transparent, and uncompromising.

Call to Action: Three Days of Protest
To press home our demands, we announce a three-day peaceful protest starting tomorrow, August 1, 2025, at the National Assembly, NNPCL Headquarters, and the EFCC office in Abuja. These protests, led by OilWatch Nigeria and Workers’ Rights Alliance, will send a clear message to the authorities: Nigerians, especially those in the oil sector and workers across the nation, will not tolerate corruption on this scale. We will march until Bayo Ojulari is arrested, prosecuted, and removed from office.

A Message to President Tinubu
Mr. President, your administration promised renewed hope for Nigerians. Allowing Bayo Ojulari to evade justice undermines that promise and risks further economic sabotage and public unrest. We urge you to act decisively by supporting the EFCC’s efforts to arrest and prosecute Ojulari and by removing him from NNPCL immediately. Your legacy depends on your commitment to rooting out corruption, starting with this case.

Conclusion
The fight for a corrupt-free Nigeria, where our oil wealth benefits all and workers’ rights are protected, is a collective responsibility. We call on all Nigerians—youth, women, oil workers, and patriots—to join OilWatch Nigeria and Workers’ Rights Alliance in these protests and demand justice. Together, we can hold our leaders accountable and build a nation where integrity and fairness prevail. We thank the press for amplifying our voice and the Nigerian people for standing with us. Bayo Ojulari must be arrested, prosecuted, and sacked, and we will not rest until justice is served for the ₦34.65 billion scandal and beyond.

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Senate Committee Commends Tinubu on Launch of National Halal Economy Strategy to Tap $7.7trn Global Market*

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The Senate Committee on Finance has commended President Bola Ahmed Tinubu for launching Nigeria’s National Halal Economy Strategy, describing it as a bold and strategic move to position the country within the lucrative global halal market, estimated at $7.7 trillion.

In a statement signed by its Chairman, the committee praised the initiative as timely and aligned with international best practices. Several countries—including the United Kingdom, Canada, Australia, Malaysia, Indonesia, Saudi Arabia, the United Arab Emirates, Turkey, Brazil, Thailand, and Singapore—have successfully used halal frameworks to boost manufacturing, agricultural exports, financial markets, and foreign investment.

The committee highlighted Nigeria’s strong advantages for success in this space, including its vast agricultural resources, large domestic market, youthful population, growing manufacturing sector, and expanding services industry.

It noted that the strategy fits seamlessly into the Tinubu administration’s broader economic reforms, such as boosting non-oil revenue, diversifying exports, creating jobs, supporting small and medium enterprises (SMEs), and increasing foreign exchange earnings.
President Tinubu, represented by Vice President Kashim Shettima, officially unveiled the strategy on Thursday, February 6, 2026, at the Presidential Villa in Abuja.

The framework, developed in collaboration with Saudi Arabia’s Halal Products Development Company (HPDC) following a bilateral agreement signed in February 2025 at the Makkah Halal Forum, aims to enhance quality standards, certification processes, and competitiveness across sectors like food, pharmaceuticals, cosmetics, tourism, and ethical finance.

The committee described the strategy as inclusive, market-driven, and globally oriented, while fully respecting Nigeria’s diverse and pluralistic society.

It is projected to contribute significantly to the economy, with estimates suggesting it could add around $1.5 billion to Nigeria’s GDP by 2027 and unlock billions more in domestic value over the coming decade through expanded exports and investment.

The Senate Committee on Finance pledged its full legislative support, oversight, and cooperation to ensure smooth implementation, regulatory clarity, and long-term fiscal sustainability in the national interest.

“This decisive step reinforces Nigeria’s readiness to adopt proven international models, unlock new economic frontiers, and establish itself as a competitive player in the evolving global economy,” the statement concluded.

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Ex-Naval Chief Named in ₦100m Property Transaction Dispute

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A property transaction dispute has emerged involving Zoe New Dawn Nigeria Limited and a former Chief of Naval Staff, following claims by the company’s chairman, Engr. Dr. Stephen Achema Akpa, that a ₦100 million payment made for land was not followed by a transfer of ownership.

According to Akpa, the payment was made in connection with a land transaction reportedly facilitated by the former naval chief. He alleged that despite documented payments, the land in question was neither transferred to the company nor was the money refunded.

Akpa said Zoe New Dawn Nigeria Limited possesses transaction records and related documents which, he claims, support its position in the dispute. He added that the company has initiated steps to seek redress through appropriate legal channels.

The matter has drawn attention due to the profile of the parties involved, particularly against the backdrop of recurring disputes linked to land ownership and property transactions in Nigeria’s real estate sector.

Industry observers note that unresolved land transactions remain a common source of litigation, often arising from disagreements over title documentation, intermediaries, and contractual obligations.

Zoe New Dawn Nigeria Limited stated that it intends to pursue the matter through lawful means to determine liability and recover any funds deemed outstanding.

As of press time, no official response had been issued by the former Chief of Naval Staff regarding the allegations. The dispute has not yet been confirmed as the subject of any court proceedings.

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Umahi Inspects Lekki Corridor’s 7th Axial Road Project, Expresses Confidence in CHEC

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Minister of Works Senator Dave Umahi over the weekend inspected the progress of the 7th Axial Road project in the Lekki Corridor of Lagos.

The project, located behind the Dangote Refinery, is a crucial cargo handling route for the Lekki Deepwater Port and connects the Lekki Corridor with the Sagamu route.

The Minister expressed confidence in China Harbour Engineering Company Limited (CHEC), the project’s contractor, citing its successful delivery of the Lekki Deepwater Port and high-quality progress on the Makurdi-Enugu road reconstruction and expansion project. Umahi instructed that the roadbed filling work for Project LOT1 be completed by the end of April and directed the project team to accelerate resource input and tangible works to meet the deadline.

The 7th Axial Highway is expected to synergize with key infrastructure projects like the Coastal Road, Dangote Road, and Lekki Port, creating a comprehensive transportation hub model and boosting Nigeria’s port economy and industrial corridor. Umahi emphasized the need for environmental protection agencies to ensure efficient construction and steady progress while maintaining ecological safety.

A representative of CHEC who spoke during the inspection stated that the company would maintain a high level of resource input, implement the Minister’s directives, and coordinate safety, quality, and environmental protection to ensure the project’s timely and high-quality completion in other to unluck its port relief and regional economic benefits.

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