The days of Bashir Bayo Ojulari because the group CEO of the Nigerian National Petroleum Corporation (NNPC) Limited are numbered, TheCable has been knowledgeable.
Although there are studies that he has resigned, TheCable learnt from insiders that he has not thrown within the towel but, “but only a miracle will keep him in office at this stage”.
President Bola Tinubu, who appointed him to switch Mele Kyari solely 4 months in the past, is alleged to be “livid” over safety studies on Ojulari’s actions thus far in workplace.
The NNPC GCEO has been a topic of cash laundering investigations following the alleged switch of hundreds of thousands of {dollars} to the account of AA&R Investment Group, an organization with pursuits in vitality, agribusiness, logistics, and data communication know-how.
Abdullahi Bashir-Haske, the founder and group managing director of AA&R, is married to the daughter of Atiku Abubakar, the previous vice-president.
Atiku is a presidential hopeful on the platform of the African Democratic Congress (ADC) and is more likely to come up in opposition to Tinubu in 2027.
THE BARU LINK
Baru died in 2020 in the course of the COVID pandemic.
Kyari, who was the group normal supervisor of the crude oil advertising division of the nationwide oil firm, succeeded Baru.
When he took over the reins, Kyari was reportedly sad with Bashir-Haske and subsequently lower him off from NNPC patronage.
Bashir-Haske, nevertheless, continued to do enterprise with Ojulari, who was working within the oil sector in varied capacities, notably as MD of Shell Nigeria Exploration and Production Company (SNEPCo) and later as founder/chairman of BAT Advisory & Energy Company Nigeria Ltd.
BAT Advisory & Energy suggested Renaissance Africa Energy Company Limited in its $2 billion takeover of Shell Petroleum Development Company of Nigeria Limited (SPDC).
‘SLEEPING WITH THE ENEMY’
Following his appointment as NNPC GCEO in April, Ojulari restored all of the privileges Bashir-Haske had been denied by Kyari.
Some of the transactions between NNPC and Bashir-Haske had been flagged by the Economic and Financial Crimes Commission (EFCC), sources informed TheCable.
The anti-graft physique has questioned Bashir-Haske, accusing him of orchestrating “large-scale money laundering through sophisticated financial structures”.
There at the moment are allegations that NNPC was, maybe inadvertently, funding the opposition by him.
“The president is livid with rage. He sees this as a stab in the back,” insiders informed TheCable.
“A type of comfortable touchdown can be supplied for Ojulari to exit, as eradicating him now appears to be too early within the day.
“What Ojulari has been doing amounts to sleeping with the enemy.”
