Tuesday, July 22, 2025
Home National CSO CALLED ON FG TO INVESTIGATE ₦5.7 BILLION CONSULTANCY FRAUD, LAVISH NNPCL RETREATS.

CSO CALLED ON FG TO INVESTIGATE ₦5.7 BILLION CONSULTANCY FRAUD, LAVISH NNPCL RETREATS.

A coalition of civil society has called  on President BOLA AHMED TINUBU to sack  Chief executive officer of the Nigeria National PETROLEUM Company Bayo Ojulari for Gross misconduct of fund .
In a letter by the coalition,  signed by the
Coalition of Nigerian Patriots for Good Governance ,Supported by Civil Society Organisations, Concerned Workers, and Transparency Advocates Musa Abdullahi reveals that, Recent investigations have revealed that NNPCL secretly awarded a ₦5.7 billion consultancy contract to a little-known and controversial firm called HASKE, without due process, transparency, or justification. “HASKE has long been associated with opaque deals, political patronage, and backchannel contracts. The company has no verifiable record of delivering high-level consultancy services, nor does it possess the industry reputation or technical competence required for such a contract”.
” At a time when over 200 million Nigerians live in multidimensional poverty, when inflation has soared, and when the government pleads for patience as painful reforms unfold, the Nigerian National Petroleum Company Limited (NNPCL), under the new leadership of Mr. Bayo Ojulari, has engaged in reckless, unconscionable spending of public resources”
The group alleged that, “Sources confirm the deal was not advertised, not subjected to competitive bidding, and was not scrutinized by relevant oversight bodies. This is not just a violation of public procurement laws—it is a calculated looting of Nigeria’s oil wealth.
₦5.7 billion—nearly $4 million at today’s rates—was signed away behind closed doors while hospitals go without equipment, schools lack basic infrastructure, and millions cannot afford a single meal a day”.
“As if this was not enough, Bayo Ojulari—Group CEO of NNPCL—flew to Kigali, Rwanda in a chartered fleet of five private jets, accompanied by other executives, for a so-called management retreat. Lavish estacodes were paid, luxury hotels were booked, and top officials returned with fat pockets and zero accountability.
Ojulari reportedly pocketed millions in estacodes alone for this trip, all while ordinary Nigerians are being told to “tighten their belts.” Even more disturbing is that staff within NNPCL describe him as high-handed, arrogant, and feared, openly boasting of his closeness to President Bola Ahmed Tinubu, using that proximity as a shield against scrutiny”
The group therefore demands for the removal of the CEO NNPCL Bayo Ojulari
‘We want to state that Ojulari’s plan is to kill NNPCL because we want to authoritatively state that so many Top Principled NNPCL staffs like Chief Operating Officer, Spokesman and others have started resigning . So many professionals plan to leave the NNPCL for Ojulari”
The group also called the economic financial crime commission to launch a full-scale investigation into the ₦5.7 billion consultancy contract awarded to HASKE, including company ownership, bank trails, and project deliverables.
“All estacodes and travel expenses paid for the Kigali retreat be refunded to the national treasury within 14 days”
The further called on the National Assembly  to sets up a public hearing to investigate NNPCL’s opaque contract practices and rising culture of financial recklessness. As well as Corporate governance frameworks at NNPCL be reviewed, and violators prosecuted under anti-corruption laws.
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