In an update published by The Punch, a Federal High Court in Abuja has ordered the final forfeiture of N3.4 billion and three luxury properties tied to alleged fraudulent activities at the Nigerian National Petroleum Company Limited (NNPCL). Justice Joyce Abdulmalik granted the application filed by the Economic and Financial Crimes Commission (EFCC) against Salihu Nuhu Jamari, a former NNPCL subsidiary head.
The forfeited assets include a six-bedroom duplex in Asokoro, Abuja, and a luxury flat in Ikoyi, Lagos. Investigators discovered that these funds were proceeds from inflated contracts related to the Maiduguri Emergency Power Project and other independent power initiatives. The court’s decision comes after the defendant filed an affidavit of non-contestation regarding the assets.
Daily Trust corroborated the story, stating that the “properties and funds were said to be proceeds of unlawful activities,” while Leadership quoted the court ruling, noting that “Justice Abdulmalik made the order following the EFCC’s motion for final forfeiture.”
Echotitbits take: This is a major victory for the EFCC’s anti-corruption drive within the oil sector. It sends a strong signal that “influence and control” over state projects will be scrutinized, though the recovery of N3.4 billion is just a drop in the ocean compared to the sector’s total reported leakages.
Source: Vanguard – https://www.vanguardngr.com/2026/03/womans-body-found-in-jos-river-sparks-shock-in-plateau/, April 1, 2026
Photo credit: Vanguard
