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Home » Court Orders Final Forfeiture of N3.444bn, Properties Linked to Ex-NNPC MD Salihu Nuhu Jamari
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Court Orders Final Forfeiture of N3.444bn, Properties Linked to Ex-NNPC MD Salihu Nuhu Jamari

CitynewsBy CitynewsApril 2, 2026No Comments
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Salihu Nuhu Jamari, a former Managing Director NNPC’s Gas & Power Investment Company Limited.

Justice Joyce Obehi Abdulmalik of an Abuja Federal High Court, has, granted the final forfeiture of N3. 444 billion and three properties linked to Salihu Nuhu Jamari, a former Managing Director of Nigerian National Petroleum Corporation, NNPC’s Gas and Power Investment Company Limited.

Properties forfeited include; an uncompleted six bedroom semi-detached duplex with boys’ quarters at Plot 3168, Asokoro District, Abuja, a two bedroom flat, block 2, apartment AI, block, EFG, Orsborne II, Ikoyi, Lagos and a restaurant located at plot 102 cadastral zone C09, Lokogoma District, Abuja.

Justice gave the order, following a motion on notice filed by the Economic and Financial Crimes Commission (EFC) on March 17, 2026 through its counsel, Ekele Iheanacho (SAN).

The court had on February 25, 2026, granted an interim forfeiture order, directing that the publication of the same be made in a national newspaper for any interested party to show cause why the said exhibits should not be finally forfeited to the Federal Government.

The said money N3. 444 billion, forms part of a case of conspiracy, kickbacks, bribery and money laundering, involving the staff and contractors of the Nigerian National Petroleum Corporation (NNPC) wherein the name of one Salihu Nuhu Jamari featured prominently through a petition dated April 28, 2025.

Upon receipt of the petition, several investigative activities were carried out where it was discovered that Jamari, while serving as Managing Director of NGPIC used his influence through his private companies namely: Cumulus Energy Limited and Pius and Phillips Petroleum Limited wherein he is a director and signatory to the accounts, received kickbacks from three contractors that were awarded three major projects from NNPCL.

Justice Abdulmalik, after considering the application, held that it had merit and ordered the final forfeiture of the money and properties to the Federal Government of Nigeria.

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