A Federal High Court in Abuja has ordered the final forfeiture of N3.44 billion and three properties linked to a former official of the Nigerian National Petroleum Corporation.
The order was granted on Tuesday by Justice J.O Abdulmalik, who ruled that the funds and assets connected to Salihu Nuhu Jamari be permanently forfeited to the Federal Government of Nigeria.
The forfeited sum, totalling N3,444,000,000, was traced to Jamari during his tenure as Managing Director of the NNPC’s Gas and Power Investment Company Limited.
The court also ordered the forfeiture of three properties, including an uncompleted six-bedroom semi-detached duplex with boys’ quarters located in Asokoro District, a two-bedroom apartment in Ikoyi, and a restaurant situated in Lokogoma District.
The ruling followed a motion on notice filed by the Economic and Financial Crimes Commission on March 17, 2026, through its counsel, Ekele Iheanacho (SAN).
The court had earlier granted an interim forfeiture order on February 25, 2026, and directed that the order be published in a national newspaper to allow any interested party to show cause why the assets should not be permanently forfeited. No objections were sustained, paving the way for the final order.
Investigations by the EFCC revealed that the funds were linked to a broader case involving conspiracy, bribery, kickbacks, and money laundering within the NNPC.
Jamari was said to have featured prominently in the case following a petition dated April 28, 2025.
According to findings, he allegedly used his influence while serving in office to channel funds through private companies, including Cumulus Energy Limited and Pius and Phillips Petroleum Limited, where he served as a director and signatory. The funds were reportedly received as kickbacks from contractors awarded major projects by the NNPC.
In his ruling, Justice Abdulmalik held that the application by the EFCC had merit and consequently ordered the final forfeiture of the funds and properties to the Federal Government.