NNPCL Boss Bayo Ojulari Reportedly Pressured Into Resignation—Report
Bayo Ojulari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), has reportedly been compelled to sign a resignation letter under pressure.
According to a report published by Peoples Gazette on Saturday, the alleged incident took place on Friday.
The publication claims that Ojulari was confronted and coerced into stepping down by Economic and Financial Crimes Commission (EFCC) chairman Ola Olukoyede and State Security Service (SSS) Director-General Adeola Ajayi.
As of now, neither the NNPCL nor the involved security agencies have issued an official statement regarding the reported development.
Report: NNPCL CEO Bayo Ojulari Allegedly Pressured to Resign Over Alleged Links to Influential Oil Figure
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Bayo Ojulari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), has allegedly been compelled to sign a resignation letter under pressure from top security officials, Peoples Gazette reported on Saturday.
According to the publication, the incident reportedly occurred on Friday, with sources claiming that Ojulari was confronted by EFCC Chairman Ola Olukoyede and the Director-General of the State Security Service (SSS), Adeola Ajayi. The report alleges he was coerced into signing the resignation document during the encounter.
Insiders who spoke anonymously to the media outlet revealed that Ojulari was interrogated repeatedly about any connections he may have with Olatimbo Ayinde, a British-Nigerian oil executive said to be playing a significant behind-the-scenes role in the current Tinubu administration.
“Mr. Ojulari told us he didn’t know Olatimbo Ayinde,” one source said.
As of Saturday afternoon, both Ojulari and the EFCC’s spokesperson, Dele Oyewale, had not issued any official comments despite repeated inquiries.
This development follows recent concerns raised by NNPCL about attempts to undermine its leadership, signaling possible tensions within the nation’s energy and security sectors.