Group Managing Director of the Nigerian National Petroleum Company (NNPC), Bayo Ojulari, has resigned from his position.
His resignation comes barely four months after he was appointed in April 2025.
Ojulari stepped down on Friday after submitting his resignation letter to the Director General of the Department of State Services (DSS), Adeola Oluwatosin Ajayi.
The move follows a wave of allegations tied to his time in office.
He has been accused of mismanaging company funds and being involved in fraudulent dealings.
There are also claims that he worked closely with Bashir Haske, a businessman reportedly connected to former Vice President Atiku Abubakar.
Sources alleged that through this relationship, Ojulari helped move large sums of money out of the NNPC.
Though no official statement has been made regarding ongoing investigations, the resignation has stirred conversations about leadership and accountability within the NNPC.