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Alleged Coup: Military tracks N45 billion in NDDC

The FrontierThe FrontierOctober 30, 2025 2627 Minutes read0

•Nigerian troops

Military investigation into the alleged coup plot has reportedly uncovered a trail of N45 billion disbursed from the bank accounts of the Niger Delta Development Commission to some politically exposed persons and the soldiers detained in connection with the rumoured conspiracy to topple President Bola Tinubu’s administration.

Earlier this month, Sahara Reporters reported that 16 Nigerian Army officers were detained for allegedly planning a coup d’etat to overthrow President Bola Tinubu.

The online newspaper had linked the alleged coup to the cancellation of Nigeria’s 65th Independence Day by the federal government, reports The PUNCH.

However, the military, in a statement by the Director of Defence Information, Brig. Gen. Tukur Gusau, denied the report linking the detention of the16 military officers to a failed coup.

Recent reports

Multiple reports on Tuesday stated that some Nigerian Army personnel raided the Abuja residence of ex-governor Timipre Sylva, also a former Minister of State for Petroleum, in connection with the alleged coup plot currently under investigation by the Defence Intelligence Agency.

Sequel to the discovery, the Defence Intelligence Agency investigators grilled some top NDDC officials about the sources of the fund, beneficiaries and how it was utilised.

The development has set off panic alarms at the NDDC headquarters over alleged links to the financing of subversive activities.

The federal government had also denied the coup plot against Tinubu’s administration. The Defence Headquarters described reports of a coup attempt as “false, misleading, and malicious” and stated that 16 military officers in custody are being investigated for professional misconduct, not a coup plot.

While details of the interrogation of the NDDC officials remain unclear, investigators are said to be scrutinising a series of high-value transactions carried out in recent months allegedly linked to politically-exposed persons.

They include a shoreline project awarded to a former governor in the South-South to the tune of N45bn, some of which allegedly found its way to the account of some of the detained officers.

Security sources with knowledge of the ongoing probe confirmed that the interrogation of the NDDC top shots was “part of a broader intelligence-based inquiry into the movement of public funds.”

Sources in the NDDC disclosed to our correspondent that many top officials are apprehensive that the development may trigger a broader probe into the Commission’s financial dealings.

They affirmed that the invitation of the top NDDC executives had triggered widespread anxiety among senior officials.

According to one insider, who spoke on condition of anonymity, “Since the news broke about the interrogation of the top shots, the atmosphere here has been uneasy. Many directors are being cautious about their movements and communications.”

Some executive directors who maintain close administrative ties with the embattled NDDC top shots are said to be worried about the development.

The development has sparked intense speculation within the commission, with staff expressing concern that the investigation could widen and implicate other senior officials.

The NDDC spokesperson, Seledi Thompson-Wakama, declined comments when asked about the quizzing of the Commission’s officials.

Meanwhile, Sylva has denied alleged involvement in the coup plot.

His Special Assistant on Media and Public Affairs, Chief Julius Bokoru, said the rumour in some quarters is the handiwork of ‘’desperate and self-seeking politicians trying to actualise their ambitions in 2027.’’

It was earlier reported how Sylva’s Abuja home was raided by Defence Intelligence Agency operatives probing the controversial plot to forcefully change the government.

During the raid, which took place on Saturday, the operatives arrested Sylva’s younger brother, Paga, who is his Special Assistant on Domestic Affairs and also took his driver into custody.

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

The media aide disclosed that the operatives did not remove anything from Sylva’s Abuja residence during the operation, noting that the two men that were arrested have yet to be released from custody.

Bokoru explained that no reason was provided for the raid. He further clarified that the former governor’s Yenagoa residence was not raided by the operatives.

He confirmed that Sylva and his wife, Alanyingi, were out of the country at the time.

Explaining their absence, Bokoru said Sylva was in the United Kingdom for routine medical checks and would soon be on his way to Malaysia to attend “a professional conference.”

He said, “It’s not true. It is the handiwork of people in the state APC who are concerned about their governorship ambition in 2027,” he stated.

“Those doing this are in the state APC. It is about the 2027 governorship ambition. They are appointees of the Federal Government and instead of focusing on their work, they are playing local toxic politics.

‘’Such wicked politicians took their desperation to a nauseating level following Sylva’s intimidating political presence and credibility that had continued to expose their self-serving ambitions and evil agenda.”

Bokoru also said Sylva’s driver, as well as his younger brother, Paga, who were whisked away by the operatives on Saturday, were yet to be released from custody.

He disclosed that the operatives of the Defence Headquarters did not remove anything from Sylva’s Abuja residence when they raided it last Saturday.

However, a close associate of Sylva told our correspondent that several parts of the house were damaged following Saturday’s raid.

He said, “Expensive doors were destroyed while a number of other household appliances were ransacked and scattered during the raid but nothing incriminating was found.”

He dismissed allegations linking the Managing Director of the NDDC, Dr. Samuel Ogbuku, to Sylva as part of the coup plot.

Ogbuku was the Chief of Staff to Sylva while he was Bayelsa governor.

When contacted, Ogbuku denied he was arrested. In a short message to our correspondent, he said, “I’m not aware of such. Just the way you are seeing it is the same way I’m seeing it too on social media.”

Earlier, in a statement yesterday, titled, ‘Setting the record straight on recent false reports about Sylva,’ Bokoru denied Sylva’s reported involvement in the alleged coup plot.

He insisted that his principal was not involved in the planning or logistics of any coup.

The statement read, “In the past 48 hours, I have been inundated with calls from members of the press, political associates, and concerned individuals regarding a circulating report alleging that His Excellency, Chief Timipre Sylva, has “fled” the country in connection with certain purported matters.

“For the avoidance of doubt, it is true that the residence of His Excellency, Chief Timipre Sylva, was recently subjected to a raid by individuals believed to be operatives of the Defence Headquarters. During the said operation, considerable damage was inflicted upon the property.

“Despite sustained efforts, I have been unable to ascertain the reasons or authorisation for this raid. To the best of my knowledge, the officers involved did not provide any categorical explanation for their actions, either at the time or subsequently.

“It is important to state unequivocally that His Excellency, Chief Timipre Sylva, CON, and his esteemed wife, Her Excellency, Alanyingi Sylva, were both outside the country at the time of the incident.

“As at my last communication with His Excellency, he was engaged in a routine medical check-up in the United Kingdom, after which he was scheduled to proceed to Malaysia to attend a professional conference.

“The next development I was made aware of, regrettably, were reports circulating across social media and other platforms concerning the raid on his residence.

“While the Defence Headquarters has already debunked the swirling rumours of a coup in Nigeria, it is important to state emphatically that Chief Timipre Sylva, CON, has no involvement whatsoever — either in planning or in logistics — with any such plot.

“Chief Sylva is a thoroughbred democrat, whose entire political journey has been defined by his faith in democratic processes and institutions. From the 1990s, when he was first elected into the Old Rivers State House of Assembly, to his tenure as Governor of Bayelsa State, Sylva has achieved every milestone through transparent, democratic engagement and the will of the people.’’

The statement further added, “His unwavering support for President Bola Ahmed Tinubu is a matter of public record. It remains fresh in memory how he mobilized the entire Bayelsa APC structure to unanimously endorse President Tinubu at the APC Bayelsa Expanded Stakeholders’ Meeting.

“These rumours are nothing more than the handiwork of desperate and narcissistic politicians, already consumed by ambitions for 2027, who see Sylva as their last real obstacle — a man whose political presence and credibility continue to expose their dark, self-serving ambitions.”

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