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EFCC arrests ECN DG Mustapha Abdullahi over ‘N500bn fraud’

The Economic and Financial Crimes Commission (EFCC) has arrested Mustapha Abdullahi, Director-General of the Energy Commission of Nigeria, over alleged money laundering offences involving more than N500 billion.

It was gathered that Abdullahi was arrested in Abuja on Wednesday and is currently being held in the custody of the anti-graft agency for further investigation.

A source at the commission said the alleged fraud involves funds estimated at N500bn.

“We have arrested the Director-General of the Energy Commission of Nigeria, Dr Mustapha Abdullahi, for money laundering offences. He was arrested and is currently in our custody. The money is to the tune of N500bn,” the official said.

Dele Oyewale, the EFCC spokesperson, was not available for comments at the time of this report.

In October 2023, President Bola Tinubu appointed Abdullahi as the DG and CEO of the commission.

Abdullahi was appointed after he had worked for more than 10 years in the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).

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In December 2025, Network Against Corruption and Drug Trafficking (NACAT), a civil society organisation, petitioned Tinubu, EFCC, and the Independent Corrupt Practices and Other Related Offences Commission (ICPC), over alleged corruption in the commission.

The CSO accused the ECN DG of engaging in what it described as a “well-coordinated and brazen scheme” involving the illegal award and payment of solar streetlight contracts worth several hundred million dollars to five companies allegedly owned and controlled by the same individuals.

The CSO alleged that all five companies were registered within a single week in late October and early November 2023, shared similar addresses in Abuja, and allegedly had the same directors.

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