Justice J.O. Abdulmalik of the Federal High Court, Abuja, on March 31, 2026, ordered the final forfeiture of N3,444,000,000 (Three Billion, Four Hundred and Forty‑Four Million Naira) and three properties traced to Salihu Nuhu Jamari, former Managing Director of NNPC’s Gas and Power Investment Company Limited (NGPIC).
The forfeited assets 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 AI, Osborne II, Ikoyi, Lagos, a restaurant located at Plot 102, Cadastral Zone C09, Lokogoma District, Abuja.
The order followed a motion on notice filed by the Economic and Financial Crimes Commission (EFCC) through its counsel, Ekele Iheanacho, SAN. The Court had earlier granted an interim forfeiture order on February 25, 2026, directing publication in a national newspaper for any interested party to show cause.
Investigations revealed that Jamari, while serving as Managing Director of NGPIC, used his private companies; Cumulus Energy Limited and Pius & Phillips Petroleum Limited, to receive kickbacks from contractors awarded major NNPC projects. The funds formed part of a broader case involving conspiracy, bribery, kickbacks, and money laundering, as detailed in a petition dated April 28, 2025.
After reviewing the EFCC’s application, Justice Abdulmalik held that it was meritorious and ordered the final forfeiture of the funds and properties to the Federal Government of Nigeria.
