Bayo Ojulari corruption allegations NNPCL
The controversy surrounding Bayo Ojulari, Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), continues to escalate. Public outrage has intensified following reports of massive corruption allegations and a salary doubling, which critics say is insensitive amid skyrocketing fuel prices in Nigeria.
Alleged Salary Inflation and Public Backlash
Since his appointment in April 2025, Ojulari’s salary was reportedly doubled, triggering condemnation from citizens and civil society groups. Many Nigerians have expressed frustration, highlighting the contrast between executive perks and the economic hardships faced by ordinary citizens struggling with high fuel and transportation costs.
Corruption Probe and Legal Challenges
Adding fuel to the controversy, Abdullahi Haske, a close associate of Ojulari, was arrested in connection with a $21 million corruption case. Haske’s purported confessions have drawn attention to potential financial misconduct within NNPCL, prompting calls for a thorough investigation by the EFCC.
Civil society organizations, activists, and social media users have demanded that Ojulari step down to allow an independent probe, emphasizing the need for transparency and accountability in Nigeria’s petroleum sector.
Implications for Nigeria’s Oil Industry
Analysts warn that ongoing controversies could undermine investor confidence and stall critical reforms aimed at modernizing the NNPCL. Experts argue that leadership integrity is crucial for the company to manage fuel pricing, attract foreign investment, and implement sectoral reforms effectively.
Next Steps
The Economic and Financial Crimes Commission (EFCC) has been called upon to take swift action, and public pressure is mounting for full disclosure of executive salaries and any financial irregularities linked to Ojulari. The unfolding situation remains a test of governance and accountability within Nigeria’s vital petroleum sector.
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