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N210 Trillion NNPC Scandal: Tinubu, Ojulari Linked — But Timeline Raises Major Questions

Bayo Ojulari’s alleged involvement in 2017–2023 oil sector theft under scrutiny, despite being appointed NNPC GCEO only in April 2025.

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A storm of controversy is brewing over reports linking President Bola Ahmed Tinubu and Nigerian National Petroleum Company Limited (NNPC Ltd) boss, Bayo Ojulari, to a staggering ₦210 trillion oil revenue scandal. But emerging facts reveal a glaring inconsistency — Ojulari wasn’t in charge during the period in question.

TheCable’s investigative report, which suggests shady dealings involving the NNPC and associates of former Vice President Atiku Abubakar, including his son-in-law, has triggered intense reactions online. Among those named is Ojulari, who assumed the role of GCEO at NNPC just months ago in April 2025.

Critics are questioning how Ojulari could be tied to a financial scandal spanning 2017 to 2023 — years before his appointment. The tenure in question falls squarely within the leadership period of Mele Kyari, who served as GCEO from 2019 until early 2025.

This timeline conflict has sparked speculations that Ojulari may be a convenient scapegoat, with many Nigerians on social media demanding to know, “Where is Mele Kyari and his Kanuri boss?” Others argue that the real architects of the alleged theft remain untouched, while new faces are being dragged into the mud.

While the Presidency has yet to officially respond, watchdog groups are calling for a full-scale forensic audit of NNPC’s finances, stressing that accountability should not be sacrificed for political protection. The alleged ₦210 trillion theft — roughly equivalent to half of Nigeria’s entire GDP — has added urgency to the calls for transparency in the oil and gas sector.

With public trust already strained, Nigerians now await a clear and credible explanation: Who truly oversaw the multitrillion-naira discrepancies — and who is being shielded?

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Written by Shola Akinyele

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