News
EFCC arrests energy commission DG Mustapha Abdullahi over ‘N500bn fraud’
Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested Mustapha Abdullahi, director-general of the Energy Commission of Nigeria, over alleged money laundering offences involving more than N500 billion.
TheCable understands that Abdullahi was arrested in Abuja on Wednesday and is currently being held in the custody of the anti-graft agency for further investigation.
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).
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 hundreds of millions to five companies allegedly owned and controlled by the same individuals.
The CSO alleged that all the 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.
NACAT alleged that Nigeria’s procurement laws were brazenly violated in the award of the contracts, adding that the action is a betrayal of public trust.(TheCable)
-
Business2 hours agoDangote rejects NNPC offer to increase stake in refinery
-
Uncategorized22 hours agoCourt sentences ex-power minister Saleh Mamman to 75 years in prison for N33.8bn fraud
-
News2 hours agoEFCC Arrests Energy Commission DG over N701bn Linked to Progressive Governors’ Forum
-
Celebrity Gist16 hours agoOBITUARY: Alexx Ekubo, the actor who was private in life and silent in his cancer battle until the end
-
Politics21 hours agoAdeleke @ 66: Osundokun Celebrates Governor’s Remarkable Leadership, Service to Osun People
-
Politics2 hours ago‘Nigerians will show politicians pepper’ — Makinde says federal might won’t work in 2027 elections
-
Business18 hours agoAbdul Samad Rabiu’s son, Khalifa’s BUA Foods stake tops $300 million
-
African News16 hours agoGhanaian lawmaker detained in Netherlands over alleged $32m fraud
