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EXCLUSIVE: NNPC CEO’s fate hangs in the balance over deals with Atiku’s son-in-law
The days of Bashir Bayo Ojulari as the group CEO of the Nigerian National Petroleum Corporation (NNPC) Limited are numbered, Nigeria Insiders has been informed.
Although there are reports that he has resigned, Nigeria Insiders learnt from insiders that he has not thrown in the towel yet, “but only a miracle will keep him in office at this stage”.
President Bola Tinubu, who appointed him to replace Mele Kyari only four months ago, is said to be “livid” over security reports on Ojulari’s activities so far in office.
President Asiwaju Bola Ahmed Tinubu, who appointed him to replace Mele Kyari only four months ago, is said to be “livid” over security reports on Ojulari’s activities so far in office.
The NNPC GCEO has been a subject of money laundering investigations following the alleged transfer of millions of dollars to the account of AA&R Investment Group, a company with interests in energy, agribusiness, logistics, and information communication technology.
Abdullahi Bashir-Haske, the founder and group managing director of AA&R, is married to the daughter of Atiku Abubakar, the former vice-president.
Atiku is a presidential hopeful on the platform of the African Democratic Congress (ADC) and is likely to come up against Tinubu in 2027.