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

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.
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

States
Audit stolen PVCs before Osun governorship poll, Yiaga Africa tells INEC
Yiaga Africa said the disruption of PVC distribution and theft of voting materials posed a direct risk to the voting rights of affected residents in the state.

States
NEMA, UNICEF strengthen emergency response in Gombe
NEMA and UNICEF strengthened emergency response through community engagement training in Gombe.

States
My statement was misinterpreted; I told APC supporters to kill Accord Party members with votes: Fadahunsi
Mr Fadahunsi said the viral video was deliberately edited to distort his statement.

Economy
TUC backs private sector equity in refineries, rejects outright sale
Mr Osifo said the government should reduce its equity to 49 per cent and allow credible private investors with technical expertise to hold the remaining 51 per cent.

Africa
Obasanjo urges Africa to develop its own democracy model
He said the democratic model adopted by African countries lacked sufficient African context and often failed to meet the continent’s needs.

Economy
Stock market reverses gains as investors lose N1.17 trillion amid sell-offs
Market capitalisation fell by 0.73 per cent from N160.421 trillion to N159.255 trillion, while the All-Share Index (ASI) shed 1,806.18 points to close at 246,723.57.






