The Economic and Financial Crimes Commission has declared former Minister of State for Petroleum Resources, Timipre Sylva, wanted over an alleged conspiracy and dishonest conversion of $14,859,257.
In a public notice, EFCC spokesperson Dele Oyewale said the funds were provided by the Nigerian Content Development and Monitoring Board for Atlantic International Refinery and Petrochemical Limited.
Senior EFCC officials added that Sylva had been placed on the watchlists of the United States Federal Bureau of Investigation, Interpol, the United Kingdom Metropolitan Police, and security agencies in Canada and other countries.
According to his Special Assistant on Media and Publicity, Julius Bokoru, Sylva is currently away in the United Kingdom.
A source in the EFCC familiar with the case said, “The case has been on for a long time. The former minister was visiting our office until he later stopped. So, now that we have declared him wanted, he has also been placed on the watchlists of the US FBI, Interpol, and other security agencies.”
The EFCC spokesman, Oyewale, said the commission on November 6, 2025, obtained a Federal High Court arrest warrant in Lagos.
Justice D.I. Dipeolu granted the order, directing law enforcement to arrest Sylva and bring him before the commission to answer to the alleged criminal offence.
This development comes 27 days after the House of Representatives resolved to probe the alleged mismanagement of a $35m investment by the NCDMB in a modular refinery project that never materialised in the Niger Delta.
The motion, moved by House member, Billy Osawaru, raised concerns over the non-existence of Atlantic International Refinery and Petrochemical Limited despite significant federal investment five years ago.
Stakeholders had petitioned the EFCC in May 2024 to investigate NCDMB’s multi-million-dollar investments, including the Atlantic project, but the agency reportedly remained silent.
Following this, the House directed its Committees on Midstream, Downstream, and Legislative Compliance to investigate the $35m investment and report findings within four weeks.
Sylva, a former Bayelsa State governor and All Progressives Congress chieftain, recently made headlines after his Abuja residence was raided by the military on October 25 over alleged involvement in a coup attempt.
His younger brother, Paga, who serves as his Special Assistant on Domestic Affairs, and his driver were arrested. Sylva was reportedly abroad at the time.
Reacting to the EFCC notice, declaring Sylva wanted, his media aide, Bokoru, said the commission did not notify the former minister through formal channels, alleging that the development was politically motivated.
He expressed surprise that what was initially described as an alleged coup plot had suddenly become a financial allegation.
He said, “No formal communication was extended to him, no established protocol observed—only a sudden digital proclamation designed, it would seem, to inflame public sentiment and manufacture yet another episode of orchestrated hostility.
“It is, to say the least, curious that what was once whispered in corridors as a ‘coup matter’ has now quietly metamorphosed into a financial allegation.”
According to him, some shadowy forces that once sought to criminalise Sylva politically now appear to have reinvented themselves as fiscal crusaders.
“There must, undoubtedly, be an explanation for this cinematic transition—from rumour to reinvention, from one carefully scripted accusation to another.
“Chief Timipre Sylva remains, without equivocation, the target of a coordinated and calculated political onslaught. His recent travails bear an uncanny resemblance to the trials of Job in Holy Scripture—each ordeal arriving with near-mathematical precision, each accusation discredited only for another to appear,”Bokoru said.
He maintained that Sylva is a law-abiding citizen and would honour the EFCC invitation as soon as he returns from his medical trip in the United Kingdom.
“These are no coincidences; they are the deliberate machinations of those who dread Sylva’s enduring political relevance and moral resolve.
“For clarity, I have not been in direct communication with Chief Sylva. However, from available information and from prior official briefings, it is important to restate that Chief Sylva will, in line with his respect for lawful institutions and due process, honour the invitation of the EFCC once he concludes his ongoing medical check-up in the United Kingdom.
“At this stage, one might jest that only the Boys’ Brigade of Nigeria and the Man’O’War remain uninvited to this theatre of persecution. The desperation to sully Sylva’s name knows no restraint—its sponsors are zealous, its intentions transparent, and its malice unmistakable.
“Yet, let it be categorically stated: Chief Timipre Sylva has clean hands. He has not diverted a single dollar, nor has he betrayed the trust reposed in him by the Nigerian people. The refinery project in question is a legitimate, transparent, and verifiable undertaking—subject to due process and traceable documentation.
“To our friends, allies, and well-wishers: this, too, shall pass. Truth, though often delayed, remains immutable. It neither bows to propaganda nor perishes in the tumult of falsehood. Those engineering this relentless campaign of defamation will not prevail—for light, by its very nature, must always outshine darkness.”