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Failed Coup at NNPC: See Olatinbo Ayinde, facilitator of multibillion dollar deals involving Dezieani, Ibe Kachikwu, PPMC’s Haruna Momoh, her attempt to oust Ojulari from office
A devious plot, said to have been masterminded by Ms. Olatinbo Ayinde, to forcefully remove the Group Chief Executive Officer (GCEO) of the Nigeria National Petroleum Company (NNPCL), Bayo Ojulari from office, has failed.
Over the weekend, it was reported that Ojulari was literally abducted by a combined team of the Economic and financial Crimes Commission (EFCC) and the Department of State Security (DSS) who forced him to sign a prepared resignation letter.
However, sources at the two anti-graft agencies later denied that such a thing happened, saying they neither abducted Ojulari, nor forced him to sign any document.
But, Ojulari, an oil industry guru and consummate reformer, resumed work at the Abuja headquarters of NNPCL on Monday.
Before his return to his duty post, the story that went round said he was forced to resign on allegation of financial infractions, including that money belonging to him was found with a close associate of opposition leader, Atiku Abubakar, among other speculative stories.
Facts later emerged which made it clear that those allegations were deliberate lies, concocted and spread, to mislead the public and tarnish Ojulari’s enviable reputation.
Emerging facts also revealed that the plot to remove the NNPCL boss was hatched by a powerful oil industry cabal led by Ms. Olatinbo Ayinde, described as a mistress of a top government functionary in the presidency who worked clandestinely to remove Ojulari from office.
It was also said that Ms. Ayinde almost succeeded in using the EFCC and DSS, to remove Ojulari and to replace him with one Mr. Robinson Ewubare, a former Group Chief Operating Officer (GCOO) at NNPCL, believing he would be at her mercy to do her biddings.
It would be recalled that Ewubare recently resigned his appointment through WhatsApp message he personally sent to Ojularu but is still hanging around waiting for Ojulari’s ouster so he can take over the GCEC’s position.
The NNPCL power game played on for two days before Senator Oluremi Tinubu, wife of the President and First Lady of Nigeria reportedly got wind of Ms. Ayinde’s desperate and ambitious moves, stepped in and halted Ojulari’s persecution.
WHO IS MS. OLATINBO AYINDE?
According to her media handlers, Olatimbo Ayinde is a UK based business women who deals on oil, energy and logistics. She is said to be the ‘principal promoter and founding member of Dutchford Exploration and Production.
However, Ms. Ayinde has been described as a notorious influence peddler who has been at the centre of many multi-million Dollar corrupt deals involving prominent Nigerians in various economic fronts, mostly the nation’s oil and gas sub-sectors.
She is currently facing trial in the United Kingdom for alleged multibillion-Naira bribery deal involving former Petroleum Minister, Dezieani Alison-Madueke and former minister of state, Dr. Ibe Kachikwu. She was accused of been the facilitator of multimillion Dollars-bribe involving the two former top officials, as well as another case in which a former Managing Director of PPMC,
Haruna Momoh was alleged to have stolen over N2billion belonging to Nigeria.
In all these, Ayinda is said to be the deal anchor who facilitates dubious businesses, fix amount of money, in Dollars and Pounds to bribe Chief Executive Officers and other men/women of power and influence.
Only recently, the UK authorities were reported to be angry and furious with executives of Nigeria’s anti-graft agencies for not being as fast as expected in availing evidences in the trial of Olatinbo Ayinla as they hugely rely on evidences from Nigeria to nail her.
This was even as the agencies failed to turn over key evidence in the ongoing corruption trial of Ayinde, described in one report as a notorious influence-peddler.
Although Ayinde has been fixing high profile business deals and cutting large sum of money for herself for the past 20 years, she was the emergence of President Bola Tinubu as an opportunity to further assert herself and take a total grip of the Nigeria’s oil industry, therefore the plot and push to remove Bayo Ojulari and plant her own preferred candidate, named by a source to be Ewubare, the Group Chief Operating Officer (GCOO) at NNPCL who recently resigned from the company through text message but now making frantic efforts to return as the CEO.
According to the UK Crown Prosecution Service, Ms Ayinde delivered at least N1.3 billion in cash bribes to Mr Kachikwu while he served as minister under President Muhammadu Buhari. She was charged alongside Diezani Alison-Madueke, whom she allegedly bribed heavily in separate deals preceding the N1.3 billion to Mr Kachikwu.
Report also had it that British authorities had in 2024 sent letters to the Economic and Financial Crimes Commission, requesting details of Ms Ayinde’s bribes to Mr Kachikwu for use in the trial before Justice Justine Thornton of the High Court of England. The EFCC’s endorsement of the incriminating documents was required to be admissible in British courts.
“British officials had already guided Nigerian officials on how to obtain the files, and Justice Thornton, on November 25, 2024, gave them a deadline of June 2, 2025, to obtain the evidence ahead of the January 2026 trial at the King’s Bench Division.
However, despite getting the request for legal assistance on time, sources in EFCC said they were being frustrated from accessing the required trial documents due to Ayinde’s closeness to power and the influence she wields.
“They’re telling us to look away while pretending otherwise. Maybe they think it’s the only way they could help a woman so close to …, yet so close to being sent to jail for fraud,” a senior official was quoted to have said.
Another report also named Attorney-General Lateef Fagbemi as directing the stalling of the records transfer, saying he didn’t seem to care whether or not Nigeria’s mutual legal assistance deal with the UK was violated.
But while she is expected to appear in the UK court on January 19, next year, Ms. Ayinde wanted to quickly grab a hold on Nigeria’s major cash how which would have availed her extra power and cash to fight her way out of the numerous bribery, money laundering and other fraud and other corruption related cases hanging on her neck.
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Anambra govt still repaying loans inherited from Peter Obi- Official
Anambra State Government has disclosed that Governor Charles Soludo’s administration is still repaying loans and other debts incurred by previous administrations, including those of former governors Peter Obi and Willie Obiano.
The Commissioner for Finance in the state, Izuchukwu Okafor, disclosed this during a podcast.
The podcast was moderated by Ejimofor Opara, a special assistant to Governor Soludo on new media.
In the podcast, Mr Opara questioned why details in the budget performance reports indicated that the Anambra State Government has been servicing loans despite claims it had not borrowed before.
In response, Mr Okafor reiterated that Mr Soludo’s administration had not borrowed from any commercial bank since taking office but had continued to service loans inherited from previous governments.
“It’s on record, you know, that this administration has not borrowed a kobo from any commercial bank since the inception of this administration,” he said.
The commissioner then explained that deductions were made from the state’s Federation Account Allocation Committee (FAC) funds every month to service loans obtained by previous administrations.
“Every month during our FAC meetings, and when you see the schedule of FAC, you will notice there were substantial, significant deductions from our own FAC because of loans previously borrowed by previous administrations,” he said.
Mr Okafor claimed some of the loans were obtained during the administrations of Mr Obi and the immediate past governor of the state, Willie Obiano.
“These loans were borrowed, you know, even during the time of Peter Obi and Willie Obiano, (and other) past governors,” he said.
The finance commissioner boasted that Mr Soludo’s administration had “significantly” reduced the state’s debt burden despite not borrowing any loans himself.
“We have been able to manage the debt, the state debt, very well, that we have brought it down by more than 83 per cent as of today. We’ve been able to repay back most of these loans,” he said.
He said the administration had also cleared several “legacy debts,” including unpaid contracts, gratuity arrears and pension arrears.
“But I will give you an example for our domestic debt. There’s what we call legacy debts, you know. That’s, the contracts that were not paid, the gratuity arrears, pension arrears, we’ve been able to clear all that,” he said.
The official also said the state’s domestic debt was “near-zero balance” at the moment.
What about external debts?
Mr Okafor claimed that, on the state’s external debts, some repayments were automatically deducted from federal allocations due to the state in accordance with the terms and conditions attached to the loans.
“Before they remit Anambra’s own allocation, they will deduct it as such, because most of them, World Bank loans and other loans, they committed.”
The commissioner also disclosed that the state had recently paid off one of its debts.
“This administration has been able to create more by paying off, you know, the backlog of numerous debts inherited from previous governments, starting from the time of Peter Obi,” he added.
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Woman dies after falling 80 metres from a cliff
Brianna Cronin, a 29-year-old Australian ecologist, spent her last terrifying minutes clinging to a sheer rock face 80m above the ground after she fell while visiting a famous Bali cliff, only to fall again, this time to her death.
I’mThe tourist who was on a solo travel adventure, tragically died at the famous Kelingking Beach, on the Indonesian island of Nusa Penida, on Saturday morning.
The spectacular rock formation – which resembles the head of a giant Tyrannosaurus Rex – has become one of Bali’s most recognisable landmarks and attracts thousands of foreigners every year.
The University of Queensland graduate was on the infamously steep and narrow track to explore the landmark when she slipped on loose rock and became stuck on the southern side of the cliff.
She was then spotted stranded precariously on a ledge below the path by another tourist, unable to get back to the track and too high to descend to the beach.
It is unclear if she was injured at that point, but the tourist alerted one of the local lifeguards who monitor the rugged and treacherous beach below about 7.45am.
A plan was being made to reach Ms. Cronin when she sadly fell a second time while waiting to be rescued. She hit the sand of Kelingking Beach and died at the scene, suffering multiple fractures from the fall down the rocky cliff.
Another tourist had spotted Ms Cronin stranded on the cliff face before she fell a second time, landing on the beach
‘The views are spectacular but it is downright dangerous and irresponsibly managed,’ one visitor wrote on Tripadvisor in 2019.
‘At least half of the ”path” is sheer, vertical drops, requiring climbing, hanging, and holding on to broken side rails made literally of sticks and bamboo.
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Insurgency forced 2.2m children out of school, destroyed over 5,000 schools in Borno- Zulum
Borno State Governor, Babagana Zulum, has said the insurgency in the state destroyed more than 5,000 school structures and forced about 2.2 million children out of school at the peak of the crisis.
Zulum stated this on Sunday in Maiduguri while inaugurating several completed projects across the state.
The governor said the destruction of schools, coupled with the loss of teachers and school administrators, severely disrupted education in Borno.
“The insurgency destroyed more than 5,000 school structures, while at its peak, an estimated 2.2 million children were out of school, with fewer than 500,000 enrolled,” Zulum said.
“Many teachers and school administrators lost their lives in the course of duty.”
He said his administration’s efforts to rebuild schools went beyond the construction of physical infrastructure, stressing that the objective was also to restore access to education and confidence in communities affected by the insurgency.
“Today, we have formally commissioned four important projects: the Larawaram Community Senior Secondary School; the Shehu Sanda Kyarimi I Primary and Junior Secondary School; the post office nine-span flyover; and the dualisation of the 2.5-kilometre road, together with five kilometres of drainage, from Budum Tandari Junction to Kasuwan Shanu,” he said.
Zulum added: “Rebuilding schools is beyond constructing physical structures. It is about restoring access to education, rebuilding confidence in our communities and providing our children with the opportunity to secure a better future.”
According to him, the state government invested N46,987,069,675.33 in basic and secondary education between the 2025 and 2026 fiscal years.
“Today’s commissioning forms part of this broader investment, alongside 136 projects that have been completed and are awaiting commissioning,” he said.
The governor said his administration had continued to expand and improve infrastructure at public pre-primary and primary schools across the state.
He said the number of usable classrooms had increased to 5,792, while usable Water, Sanitation and Hygiene, WASH, facilities rose to 4,563.
At the senior secondary level, Zulum said the number of functional schools increased from 34 across eight local government areas in 2019 to 129 across 25 LGAs by 2026.
He also said school enrolment increased from 766,551 learners in 2019 to 1,801,295 in 2026, representing an increase of more than one million learners in seven years.
Zulum attributed the growth to expanded access to education, improved public confidence and sustained investment in the sector.
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