Wednesday, July 22, 2026

EXCLUSIVE: EFCC, SSS abduct NNPC boss Bayo Ojulari, force him to sign resignation letter after directive from Bola Tinubu’s paramour Olatimbo Ayinde

The incident Friday night was narrated to The Gazette by national security and law sources, with some calling the operation a coup d’état because the president did not sanction it.

• August 2, 2025
State Security Services DG Adeola Ajayi, Olatimbo Ayinde and EFCC Chairman Ola Olukoyede
State Security Services DG Adeola Ajayi, Olatimbo Ayinde and EFCC Chairman Ola Olukoyede

In a development reminiscent of Nigeria’s dark military days, top officials of two federal law enforcement and security bodies have abducted the head of Nigerian National Petroleum Company Ltd, Peoples Gazette can report, forcing him to resign at a secret rendezvous in Abuja. 

Bayo Ojulari was seized on Friday and pressured to sign a resignation letter by Ola Olukoyede, chairman of anti-graft EFCC, and Adeola Ajayi, director-general of the State Security Service.

The incident on Friday night was narrated to The Gazette by national security and law sources familiar with the matter, with some of them describing the operation as a coup d’état because President Bola Tinubu did not sanction it.

Officials said Mr Ojulari was repeatedly questioned about what he might know of Olatimbo Ayinde, a British-Nigerian oil businesswoman who has recently emerged as one of the most powerful forces steering the Tinubu administration. 

“Mr Ojulari told us he didn’t know Olatimbo Ayinde,” an official said under anonymity to disclose the matter to The Gazette. “He also said he heard she was trying to control businesses at NNPC and he rejected such moves.”

Ms Ayinde, long known in business circles for her wheeling and dealing, was charged in the United Kingdom for bribing two former Nigerian oil ministers. The Gazette reported on Thursday that anti-graft operatives were ordered to slowwalk and frustrate a request for evidence from British prosecutors for use in their ongoing trial of Ms Ayinde. 

Mr Ojulari was appointed in early April by Mr Tinubu, with the Nigerian president saying the decision was largely due to Mr Ojulari’s expertise in hydrocarbon as a former Shell executive in Nigeria. 

Mr Ojulari did not immediately return multiple requests seeking comments about the development on Saturday morning. The Gazette has contacted the presidency, SSS and the EFCC for comment. 


Mr Ojulari has been under fire since he authorised a trip of NNPC executives and mid-level officials to attend an oil and gas conference in Kigali earlier this month. Mr Ojulari was said to have spent millions of dollars on the trip, although the specific amount remained fuzzy. He denied the allegations, saying his detractors were behind the campaign.

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