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Petrol scarcity: NNPCL bars independent marketers amid surging prices

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Nigerian National Petroleum Corporation has reportedly suspended the sale of Premium Motor Spirit – popularly called petrol – to independent marketers after it hiked the product’s price on Tuesday.

This is even as three vessels berthed at the Apapa, Lagos jetty on Wednesday to discharge imported petrol.

The price hike sparked a protest in Delta State as commercial tricycle operators, also known as ‘keke’ riders, took to the streets of Warri and Effurun metropolis to resist the price hike.

Checks by our correspondents revealed that commuters across the country were either stranded or trekked long distances on Wednesday as fuel queues worsened amid scarcity of the product.

Few commercial motorists came out for business, with most of them lamenting the agonising hike in fuel, barely a month after the hardship protest rocked the nation.

The National Vice President of the Independent Petroleum Marketers Association of Nigeria, Hammed Fashola, told The PUNCH that the NNPC stopped selling fuel to independent marketers on Tuesday when it raised the price of a litre of PMS to N855 and above across its retail outlets nationwide.

Independent marketers sold the product for as much as N1,200 and N1,300/litre in some states following the upward review of prices by the NNPC.

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Fashola wondered why the national oil firm would suspend the sale of petrol to the marketers take without any official communication, even when the marketers had paid for the product over two months ago.

Asked if it was true that many of the independent marketers did not go to the depot to lift fuel, Fashola responded, “What are they going there to do? They have stopped our loading. All the tickets we have in the kitties of NNPC, they are not treating them; everything has been suspended.”

When our correspondent inquired to know if the suspension was done despite having paid for the product ordered, he replied, “Yes, our tickets were suspended for loading. They have not been attending to us since yesterday (Tuesday), and there is no official communication yet.

“It is a very bad situation for somebody who has paid for the product, maybe like two to three months ago, and all of a sudden, you stopped loading, maybe because you want to change the price. And it’s not the fault of that customer, because it is supposed to be cash-and-carry. So, I think the NNPC should look at that situation critically.”

It was learnt that NNPC usually prioritised major marketers while IPMAN members resorted to private depot owners, who sold at higher prices, leading to a wide gap between the prices offered by both categories of marketers.

“We’re usually forced to go to private depots, it’s not out of our own volition. We were forced to go there because of inadequate supply,” Fashola stressed.

Speaking on the Dangote refinery fuel, which is expected to hit the pumps soon, Fashola said marketers would monitor the situation till Friday.

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“We are watching the development. We are monitoring it; we will wait, maybe by Friday we will know where we are going by the time the Federal Government makes a pronouncement as regards the price. There is no official communication yet.”

The IPMAN official added that each filling station sold at their convenient price because NNPC couldn’t fix prices for other operators in the sector.

He stated that the new price announced by the state-owned company is only binding on the NNPC retail outlets.

“You know, NNPC cannot fix the price for us. They fixed the price for their stations; they are now a limited company. They have their retail outlets. That new price is their internal arrangement. So, we are yet to have an ex-depot price or marketer’s price,” he explained.

While believing that the new arrangement will close the price disparity between major and independent marketers, Fashola reiterated that at N855 per litre, the NNPC was still paying subsidy on petrol.

“I believe the price disparity gap will be closed somehow now. That is our belief. The truth is that, with the N855 in Lagos, and the landing cost of petrol, there are still some elements of subsidy. If the NNPC claimed that they are selling at half the cost of the landing price at N568/litre, it means the landing cost should be around N1, 200/litre. If they are selling a litre of petrol at N855/litre, there are still some elements of subsidy,” he added.

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He said the association was expecting the details of the arrangement between Dangote and the government on the supply of PMS, especially as Aliko Dangote announced that the NNPC would fix the price.

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“For now, we don’t have the details; it’s only Dangote who made the announcement that NNPC would fix the price. So, it’s in two ways. Maybe NNPC wants to act as an off-taker for the Dangote refinery, and they will now start distributing on behalf of Dangote to the marketers. There are a lot of things involved in this Dangote naira-to-naira transaction. There must be something that’s a factor. Maybe that will bring the price to a reasonable level, I don’t know. It may not be called a subsidy, maybe an in-house arrangement.

“If Dangote is buying naira-to-naira, there must be some little difference in terms of cost. It might be so small, but I believe there must be a difference. They know what they are doing, we are waiting for them to come out and we will react,” Fshola noted.

NNPC spokesperson, Olufemi Soneye, did not reply to calls or messages from our correspondent on the matter.

The PUNCH reports that the fuel crisis that has lingered for two months worsened on Wednesday following the price hike.

Several filling stations seized the opportunity to extort customers who were in dire need of the product for their vehicles, power generators and other machines.

Some of the stations in Lagos and along the Lagos-Ibadan Expressway sold petrol around N900 and N1,200/litre as the queues worsened across Nigeria’s commercial capital city.

Residents of Ogun border communities disclosed that they got PMS at N1,600/litre from black marketers, claiming petrol supply had been banned from the areas.

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Though the NNPC denied ordering Tuesday price increase, all its retail stations have adjusted to the new price, leaving Nigerians not knowing who to believe.

Commuters were stranded as there were a few commercial buses on the road to convey passengers. The drivers conveyed only commuters who were ready to pay more for transport fares, blaming the rise in fares on the high cost of fuel

Three vessels arrive

The PUNCH gathered that three vessels arrived the Apapa depot in Lagos on Wednesday to discharge petrol.

Multiple sources told our correspondent that loading improved on Wednesday compared to Tuesday, when the marketers stayed away.

“Loading is picking up slowly. It is far better than yesterday (Tuesday),” a source said.

Another depot operator, who spoke on condition of anonymity because he was not authorised to speak on the matter, said supply was ramped up by the NNPC, the sole importer of petrol.

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“Supply is good today (Wednesday). Three PMS-laden vessels are in Apapa jetty now as we speak. Two of them are already discharging the product,” the depot official said.

It was gathered that the NNPC was making efforts to sell its old stocks before starting its transaction with Dangote refinery.

While unveiling its PMS on Tuesday, Dangote announced that the product would hit the market in 48 hours, adding, however, that this was subject to the readiness of the Federal Government and the NNPC.

Nigerians are eager to know whether or not the Dangote refinery could crash the price of PMS.

TUC slams FG

Meanwhile, the Trade Union Congress of Nigeria on Wednesday expressed shock and dismay over Tuesday’s hike in the pump price of petrol, demanding its immediate reversal by the Federal Government.

TUC in a statement by its president, Festus Osifo, contended that the sudden hike in fuel and electricity costs will exacerbate the poverty level, worsen the suffering and hardships across the country and may trigger social unrest.

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The statement read, “TUC received the news of PMS Price hike with great contestation and grave concern. The burden of PMS price increase is huge and percolates all facet of our social-economic life.

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“This sudden hike, implemented without consultation with critical stakeholders, represents a blatant disregard for the welfare of the Nigerian people, particularly the working class who bear the brunt of such decisions.

“The disturbing news of the increase in PMS pump price all over the country has sent a wave of apprehension and depression across the length and breadth of the nation.

“This is in the wake of an already existing unprecedented hardship upon citizens.

“In addition, we are deeply troubled by the further hike in electricity tariffs to 250 percent a service that is essential for the survival of the poorest in our society. The timing and magnitude of these increases, in the absence of any meaningful social security measures, demonstrate a lack of empathy and understanding of the challenges faced by ordinary Nigerians.”

It added, “Why does it have to be the common Nigerians bearing all the pains of high cost of living while those in power enjoy increased allocation and affluence?

“The government has not made any concerted efforts to reduce the cost of governance or personal effects, nor have they focused on directing resources or effecting policies that would strengthen the naira and improve the standard of living of our citizens.

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“The Congress has long posited several strategies that should be activated towards improving the strength of the Naira and give value to every kobo spent by Nigerians as this is one of the root causes of all the economic woes we face as a country today. Yet much hasn’t been done about these recommendations.”

Also, the Nigeria Labour Congress on Wednesday responded to the denial by the Senior Special Assistant to President Bola Tinubu on Print Media, Abdulaziz Abdulaziz, regarding an agreement on minimum wage and fuel price hike.

The union described Abdulaziz’s denial as “amusing” and questioned his credibility, suggesting he might be suffering from “selective amnesia” or “attention span deficit.”

The Presidency on Wednesday accused NLC president, Joe Ajaero, of playing dirty politics following his declaration that the Tinubu administration betrayed the NLC by increasing the price of fuel despite a mutual agreement.

Speaking in a statement signed by Benson Upah, Head, Public Relations, NLC, the union reaffirmed its statement, challenging Abdulaziz to reveal the truth about the presidential meetings with labour leaders. They also criticized his personal attack on Joe Ajaero, stating that Nigerians don’t need Ajaero to recognize the harsh realities of life under the current government.

“The union emphasised that Nigerians deserve a decent life, free from harassment and starvation, and warned that “falsehood does not live forever.” They remain resolute in their stance, despite the government’s attempts to discredit them.

“Whatever the matter is with Abdulaziz, we stand by our statement. And if Abdulaziz was at those meetings as he claimed, he should be courageous enough to let the world know whether the President gave the labour leaders one hour to meet and resolve to either accept and allow increase or accept N62,000.

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“Labour leaders instead chose to meet outside the Villa and report in a week. When they came back, they were blunt and rejected the offer.

“As for Abdulaziz’s side-dig, he should stop insulting the intelligence of Nigerians as they do not need Comrade Joe Ajaero to know they have been taken for a ride and that life has never been this mean, all due to the policies of government.

“We also find it necessary to let Abdulaziz and those who sent him know that Nigerians are entitled to a decent, respectable life free from harassment, intimidation and starvation.

“Government may have all the ultimate weapons of coercion, true power resides with the people. Finally, we are also acutely conscious of the fact that falsehood does not live forever.”

Protest, lamentations

Commercial tricycle operators in Warri and Effurun metropolis of Delta State, alongside aggrieved women and youths took to the streets on Wednesday in a peaceful protest over the persistent scarcity of fuel amidst the hike in price.

The market women and the cyclists, in their hundreds, marched through the major roads, calling on President Bola Tinubu to urgently intervene and reverse the fuel price hike.

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The protesters carried placards and chanted slogans expressing their frustration and anger over the government’s decision to increase fuel price to almost N1100/litre, which they say has worsened their economic struggles.

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Some of the placards had inscriptions such as ‘Tinubu, intervene now to alleviate commuters sufferings’, ‘Tinubu, activate Warri, Kaduna refineries without further delay’, and ‘We are suffering in silence, the fuel price hike is a killer.’

One of our correspondents observed that most of the filling stations along the Warri-Sapele road were shut to motorists on Wednesday morning while the few that were open for business sold petrol at above N1,000.

Consequently, the development had adverse effects on commuters within the metropolis as well as inter-state travellers as motorists adjusted their transport fares upwards.

Workers ride bicycles

Following the increase in pump price on Tuesday, more residents and workers, including civil servants in Borno State, have embraced trekking, tricycles and bicycles for mobility.

During the early hours of Wednesday in Maiduguri, the state capital, there were less vehicles and more pedestrians on major roads.

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Some residents of Nasarawa State lamented the hike after it forced many of them to resort to trekking as they could not afford the luxury of boarding tricycles and buses.

The product, which used to be sold between N930 and N950/litre in most stations in Lafia and its environs, is now sold between N990 and N1,000/litre.

Our correspondent in Lafia observed on Wednesday that many workers and businessmen trekked short distances to their workplaces to avoid spending outside their budgets.

Tricycles, motorcycles and vehicles operators in the state capital had jacked up their prices for both short and long distances due to the rising cost of fuel.

Tricycle riders in Lafia had fixed N250 for a drop per passenger but with the increase in price, the transporters jacked up their prices to between N350 and N400.

In Ilorin, the Kwara State capital, residents stayed indoors following the increase in fuel price.

There was a dearth of vehicles on the streets of Ilorin as a result of the increase in the price of PMS.

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Many vehicle owners, who were caught unaware, angrily abandoned their cars at home or parked by the roadside to make use of commercial motorcycles and tricycles to their respective destinations.

A litre of petrol was sold at N870/litre at NNPC stations while independent marketers sold at between N950 and N1,200/litre.

However, commercial vehicle operators in Ilorin complained of low turnout by passengers.

Similarly, one of the leaders of IPMAN in the state, Alhaji Kunle Sanni, tasked the Presidency to halt what he described as “their flamboyant lifestyles” while masses were being pushed deeper into poverty.

The septuagenarian told The PUNCH that it was regrettable that the Presidency was travelling around the globe in needless multi-billion Naira private jets while its citizens lived in penury.

He said, “There has to be a social service that any government must provide for her people but the present government hasn’t done anything in this regard. Instead all of them, the Presidency and National Assembly members, are living flamboyant lifestyles while the masses are suffering more and more.

“The former price of N580/litre was on a very high side, we complained bitterly against it and expected that Dangote product would give us a relief but here we are with another increase and all manner of sabotage stories about Dangote refinery. What kind of a government is this?” “I haven’t sold PMS for over three months now because of the increase because I can’t stand people’s curses on me for what I don’t know anything about.”

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The hikealso left hundreds of commuters stranded in Kaduna, with many filing stations closing shop or selling at exorbitant prices.

On Wednesday, residents were forced to trek long distances or opt for expensive alternative transportation.

Journalist Amos Mathew parked his car due to the hike, spending N400 on a tricycle ride instead of the usual N100.

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Genocide: FG Slams Trump, Says Comment Don’t Reflect Realities

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Genocide: FG Slams Trump, Says Comment Don't Reflect Realities

The Federal Government has reiterated its strong commitment to safeguarding religious freedom and fostering a spirit of tolerance among its citizens.

This affirmation comes in the wake of a recent statement issued by the United States of America regarding the situation of religious freedoms in Nigeria.

In a comprehensive press release dated Saturday and signed by the Spokesperson for the Ministry of Foreign Affairs, Mr. Kimiebi Imomotimi Ebienfa, the government emphasized its unwavering resolve to combat the scourge of violent extremism that has affected various regions of the country. Mr. Ebienfa emphasized that this commitment is not only about enforcing laws but also about fostering an environment where diverse religious practices can coexist peacefully alongside one another.

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Additionally, the statement expressed deep condolences for all individuals who have fallen victim to acts of violent extremism. The Federal Government underscored its ongoing support for the armed forces, reinforcing its commitment to collaborate closely with them in their endeavors to restore peace and security throughout Nigeria. The government remains dedicated to ensuring that all citizens can live without fear of violence or persecution based on their religious beliefs.

Mr. Ebienfa noted that like the United States, Nigeria values its diversity, which he described as the nation’s greatest strength.

The Foreign Affairs spokesperson also emphasised the strong diplomatic ties between Nigeria and the United States, expressing confidence that both nations will continue to work together in promoting peace, democracy, and global stability.

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The statement reads, “The Federal Government has noted the recent statement by the United States of America on religious freedom in Nigeria. We remain committed in our resolve to tackle the violent extremism that is fuelled by special interests who have helped drive such decay and division in countries across the intersecting West African and Sahel regions.

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“We mourn all the victims of violent extremism and salute our armed forces as they continue to fight against vicious but cowardly foes. The Federal Government of Nigeria will continue to defend all citizens, irrespective of race, creed, or religion.

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“Like America, Nigeria has no option but to celebrate the diversity that is our greatest strength. Nigeria is a God-fearing country where we respect faith, tolerance, diversity and inclusion, in concurrence with the rules-based international order.

“The US has been – and we trust will always remain – a close ally, because the Federal Republic of Nigeria, and the Government of President Bola Ahmed Tinubu, will maintain our laser focus and steadfast commitment to all partners who believe in genuine peace, stability, freedom and democracy,” the statement concluded.

 

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Coup Scandal: Bank Accounts Of Soldiers Under Probe Over Alleged Plot To Overthrow Tinubu

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Military investigators probing the alleged attempted coup are working with the Economic and Financial Crimes Commission and the Nigeria Financial Intelligence Unit to unravel the financial flows linked to individuals accused of bankrolling the plot, according to The PUNCH.

Military investigators probing the alleged attempted coup are working with the Economic and Financial Crimes Commission and the Nigeria Financial Intelligence Unit to unravel the financial flows linked to individuals accused of bankrolling the plot, according to The PUNCH.

This was as indications emerge that the bank accounts of some of the suspects might have been frozen by the authorities, as part of the probe procedures.

The PUNCH could not immediately confirm the development, as no one was willing to comment on it. But a security official described this as standard procedure in such cases.

However, multiple security sources familiar with the probe confirmed that the EFCC and NFIU are carrying out a forensic investigation on the bank accounts of the soldiers and the civilians involved in the plot to overthrow the Federal Government.

The forensic investigation will cover transaction analysis, including reviewing deposits, withdrawals, and transfers to identify suspicious patterns; tracking of account activity over time; identifying the origin of funds and determining the true owners of the accounts under probe.

The investigation is also said to have been widened to cover the associates and business partners of the key suspects.

The development is coming on the heels of the discovery of the alleged transfer of N45 billion from the Niger Delta Development Commission to those involved in the plot.

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Sahara Reporters had reported that 16 Nigerian Army officers were arrested for allegedly planning a coup to overthrow President Bola Tinubu. The online platform linked the purported plot to the Federal Government’s cancellation of Nigeria’s 65th Independence Day celebration.

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The Director of Defence Information, Brig. Gen. Tukur Gusau, denied that the detention of the officers was tied to a coup attempt.

Nevertheless, security operatives raided the Abuja home of former Bayelsa State governor Timipre Sylva, taking away his younger brother, Paga and driver, as the investigation gained momentum.

The former minister and All Progressives Congress chieftain was reportedly outside the country at the time.

On Wednesday, Sylva’s spokesman, Chief Julius Bokoru, confirmed that his principal’s residence was raided, adding that the ex-minister and his wife were out of the country at the time.

He denied the former governor’s involvement in the rumoured coup plot, accusing his political adversaries of trying to frame him.

Providing an update on Thursday, military insiders explained that the investigators are relying on the EFCC and NFIU to uncover the money trail and flow of funds deployed for the execution of the alleged coup.

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Sources in the anti-graft agencies confirmed their involvement in the probe.

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“This is discreet intelligence work. Until the entire exercise is concluded, we cannot provide a list of all those involved, how much was deployed for the plot or the amount recovered. The investigators are relying on the EFCC and NFIU for this,” a security source who is privy to the investigation disclosed.

The EFCC spokesperson, Dele Oyewale, could not be reached for comment on Thursday. His NFIU counterpart, Aishatu Bantam, did not respond to phone calls.

Meanwhile, the names of the 16 alleged coup plotters have surfaced.

The army officers include a brigadier general, a colonel, four lieutenant colonels, five majors, two captains, and a lieutenant.

The remaining two are a lieutenant commander from the Navy, the naval equivalent of a major, and a squadron leader from the Air Force, which holds the exact rank equivalence.

Premium Times reported that 12 of the 14 army officers belonged to the Infantry Corps, the army’s frontline combat unit whose troops primarily engage in ground battles.

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One officer is reportedly from the Signals Corps, which manages military communications, while another serves in the Ordnance Corps, responsible for procuring, storing, and maintaining weapons, ammunition, vehicles, and other essential hardware.

They were reportedly led by Brig. Gen Musa Abubakar Sadiq. Others include Col M.A. Ma’aji, Lt. Colonel S. Bappah, Lt Col A.A. Hayatu, P. Dangnap, Lt. Col M. Almakura, Major A. J Ibrahim, Major M.M. Jiddah, Major M.A. Usman, Major D. Yusuf, Major I. Dauda, Capt Ibrahim Bello, Capt A.A Yusuf, Lt S.S Felix, Lt . Commander D. B. Abdullahi and Squandron Leader S. B Adamu.

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Meanwhile, The Cable reported that an air force officer recently posted to the Office of the National Security Adviser was detailed to kill the National Security Adviser, Nuhu Ribadu.

Accoring to The Cable, Squadron Leader SB Adamu (Service No. NAF/3481) from Jigawa State was posted to the National Counter Terrorism Centre — an agency under ONSA — about four weeks before the coup attempt was uncovered.

Contrary to claims that several suspects worked directly with ONSA, investigators said Adamu was the only one connected to the office through the NCTC.

Military insiders said when the National Coordinator of NCTC, Maj-Gen. Adamu Laka,requested the posting of a specific officer to the centre in August 2025, the request was surprisingly turned down. Instead, Adamu was deployed — a move now fuelling suspicions that the alleged coup plotters may have penetrated the military hierarchy.

Adamu is a member of the Nigerian Defence Academy’s Regular Course 59.

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Coup Plot: Inside Story Of How Air Force Officer Allegedly Appointed To Kill Nuhu Ribadu 

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Coup Plot: Inside Story Of How Nuhu Ribadu, Others Were Planned To Be Assassinated, Detained Officer Confesses

Recent investigations have uncovered additional information regarding a coup plot, shedding light on various troubling details.

This alarming revelation raises serious concerns about the integrity of national security. It highlights the extent to which the plotters may have been willing to go in their efforts to destabilize the government.

According to sources knowledgeable about the ongoing inquiry into this alleged conspiracy, an air force officer who has recently been assigned to the Office of the National Security Adviser (ONSA) was allegedly tasked with the assassination of Nuhu Ribadu, the current National Security Adviser, according to TheCable.

The implications of these findings could be profound, potentially affecting both national security operations and the very fabric of governance in the country.

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SB Adamu, a squadron leader with service no NAF/3481 from Jigawa state, was posted to the National Counter Terrorism Centre (NCTC) — a programme coordinated by ONSA — four weeks before the alleged coup plot was botched.

Contrary to reports that many of the suspects were working with the ONSA, Adamu was the only one linked to the office through the NCTC.

The NCTC is one of the programmes coordinated by the ONSA.

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Military sources told TheCable that when Adamu Garba Laka, a major general and national coordinator of NCTC, requested for a specific officer to be posted to the centre in August 2025, he was surprised that his request was not approved.

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Instead, Adamu was posted to the office — and this is now fuelling speculation that the alleged coup plotters had infiltrated the military hierarchy.

Adamu was a member of regular course 59 of the Nigerian Defence Academy (NDA).

President Bola Tinubu recently did a clear-out, sacking two of his services chiefs, including Hasan Abubakar, an air marshal.

The detailed squadron leader was allegedly detailed to “take out” Ribadu just as some other officers were tasked with killing other senior government officials, TheCable was informed.

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He is said to be cooperating with investigators.

Military authorities are yet to officially confirm the coup plot.

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Defence Headquarters (DHQ) insisted, in a press statement after Sahara Reporters broke the story, that the ongoing investigation of 16 officers is a “routine internal process aimed at ensuring [that] discipline and professionalism is maintained within the ranks”.

Tukur Gusau, a brigadier and director of defence information, said the findings of the investigation will be made public.

Media reports have continued to reveal the identities of those in detention after the story of the alleged coup plot.

Source: TheCable

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Coup Plot: Presidency Breaks Silence, Fresh Details Emerge

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Coup Plot: Presidency Breaks Silence, Fresh Details Emerge

The Special Adviser on Media and Public Communication to President Bola Tinubu, Sunday Dare, says the Presidency will stand by the Nigerian Military’s position that there was never a coup attempt in Nigeria.

According to Naija News, on October 18, the Defence Headquarters (DHQ) had released a statement describing as false and misleading the reports online that alleged that activities to mark the 65th independence anniversary of Nigeria were cancelled over an attempted coup plot.

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The rumours of a coup intensified further after President Tinubu sacked the Service Chiefs.

In an interview with TVC on Tuesday, Dare said the Presidency will stick to the narrative of the Nigerian Military that there was no coup attempt in Nigeria.

According to him, the presidency will only change its position when the military says otherwise, because the military is constitutionally empowered to secure the country.

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He said, “We are going to stick to the narrative of the military because they are the ones constitutionally empowered to secure this country. They are given the power, arms and ammunition as the intelligence power.

“So when the military says these are the reasons why we have this development, we are going to stay with that narrative because that is the brief that is out there. Until the military comes with a different narrative, we are going to stay with that narrative. On some military being retained, there is a need to have institutional memory and maintain a balance and this decision was not taken on a flip for the person that was retained.”

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Coup Plot: Fresh Moves As Military Arrests MD, Investigates Funds To Finance Coup

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Coup Plot: Fresh Moves As Military Arrests MD, Investigates Funds To Finance Coup

In a significant turn of events, the military has taken decisive action by arresting a managing director linked to a burgeoning coup plot.

This strategic move comes amid an extensive investigation into the financial resources allegedly earmarked to support the coup attempt against President Bola Tinubu.

As the situation unfolds, there are growing concerns regarding the potential involvement of various stakeholders in this conspiracy.

Military investigators probing an alleged plot to overthrow President Bola Tinubu are reportedly grilling a Managing Director of a Federal Government agency in the South South region, according to The PUNCH.

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BREAKING: Fresh Twist As Ex-Governor Sylva Breaks Silence On Alleged Role In Coup Plot, What He Says

Two intelligence officers confirmed that the MD was arrested for allegedly transferring a huge sum of money to a former Minister of State for Petroleum Resources, Timipre Sylva, who was fingered as one of the financiers of the alleged plot to forcefully change the government.

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According to reports, investigators believe the funds were meant to finance the coup.

“The MD (name withheld) transferred a huge sum of money to Sylva. Investigators are working on the theory that the fund transfer was connected to the coup. He is presently answering questions about what the money was meant for.”

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Former Bayelsa governor Sylva’s Abuja house was reportedly raided by investigators on Saturday, with military operatives arresting his younger brother, Paga, who is his Special Assistant on Domestic Affairs and went away with his driver.

The former minister and All Progressives Congress chieftain was outside the country during the operation.

Sources with knowledge of the operation explained that he was planning to return to the country when he heard that the coup leaders had been arrested. He thus shelved his plan to return home.

“Sylva’s Abuja home was raided on Saturday, but he wasn’t around. His younger brother, Paga, who is the SA, Domestic, and the driver, were arrested. Investigators believe Sylva allegedly funded the coup plot. Sylva was abroad and was preparing to leave for Nigeria when he got wind of the arrest of the coup leaders. So, he stayed back.”

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The Director, Defence Media Operations, Maj-Gen Markus Kangye, and the Director of Defence Information, Brig-Gen Tukur Gusau, could not be reached for comments on Tuesday as they didn’t pick up calls from our reporter.

Gusau had, in a statement on October 4, said that 16 officers were detained for breaches of military regulations and acts of indiscipline.

“The Armed Forces of Nigeria wishes to inform the public that a routine military exercise has resulted in the arrest of sixteen officers over issues of indiscipline and breach of service regulations.

“Investigations have revealed that their grievances stemmed largely from perceived career stagnation caused by repeated failure in promotion examinations,” the statement partly read.

However, online platform SaharaReporters claimed that the detained officers — ranging from the rank of Captain to Brigadier General —were being held by the Defence Intelligence Agency for allegedly plotting to overthrow the government.

It also alleged that the officers were arrested at their homes across the country.

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Bastard In Aso Rock’ – DSS Arrest Man Pushing For Coup On Social Media

 

Source: The Punch

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Coup Plot: Tension In Abuja As Army Raids Residence Of Ex-Minister, What They Found

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Tension is palpable across the communities of Abuja following a foiled coup attempt, prompting authorities to intensify their efforts against those suspected of involvement in the plot.

In a significant development, members of the Nigerian Army executed a search operation at the Abuja residence of Timipre Sylva, a former governor of Bayelsa State and ex-Minister of State for Petroleum Resources.

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This raid is part of a broader investigation spearheaded by the Defence Intelligence Agency (DIA) into the alleged conspiracy.

According to reports from SaharaReporters, this operation underscores the serious nature of the allegations flying around and the government’s commitment to unraveling the details behind this troubling incident. The atmosphere of uncertainty and concern in the capital seems to be growing as investigations unfold.

Multiple security sources confirmed to SaharaReporters on Tuesday that the army raid occurred at Sylva’s home in the Maitama area of Abuja.

According to insiders, a “special military team” carried out the operation after intelligence linked the “former South-South governor” to secret meetings allegedly held with some of the detained military officers.

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“Nigerian Army special team ransacked the home of Timipre Sylva, who is believed to have fled Nigeria,” one top source familiar with the development told SaharaReporters.

“He is the South-South former governor frequently mentioned in the case. His brother, named Paga, was picked up during the raid. The operation also extended to his Bayelsa residence.”

Another security insider said that while no official statement had been issued regarding the raid, the action was “not random” but “a direct response to intelligence linking certain political figures to the alleged plotters.”

This development comes amid growing tension within the armed forces following SaharaReporters’ exclusive report that at least 16 senior military officers had been detained incommunicado by the DIA over an alleged coup plot.

The detained officers, drawn from the Army, Navy, and Air Force, have been held for over three weeks in an undisclosed Abuja facility under what sources described as “unusual and suspicious conditions.”

Family members told SaharaReporters they initially believed their relatives had been kidnapped, as there was no official communication from the military regarding their arrests.

“It’s been 18 days since those 16 officers were detained in an undisclosed location. At first, we thought our brother was kidnapped before finding out what transpired from his friend who works in the NSA office,” a family member had said.

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Security analysts have questioned why the DIA, an intelligence agency under the Ministry of Defence, is spearheading the investigation instead of allowing each military service to handle its personnel internally, a move seen as “highly political.”

“If the military were truly conducting a disciplinary operation, over 10,000 cases could emerge. Why only 16 officers, and why hand them to the DIA?” one retired officer asked. “This smells of politics. There’s clearly more going on behind the scenes.”

Speculations are now rife that the alleged plot and subsequent arrests may have deeper political undertones, potentially involving some former office holders with ties to late ex-President Muhammadu Buhari’s administration.

Sylva, a former governor of Bayelsa State and a close ally of late Buhari, served as Minister of State for Petroleum Resources between 2019 and 2023.

He was also the All Progressives Congress (APC) governorship candidate in the November 2023 Bayelsa election, which he lost to incumbent Governor Douye Diri of the People’s Democratic Party (PDP).

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