It appears that the last as not been heard about the NNPC contract issues brought to light by Minister of State for Petroleum, Emmanuel Ibe Kachikwu. Nigeria's vice president, Prof Yemi Osinbajo, has clarified his earlier statement where it was assumed he had backed the alleged NNPC position that he signed the contracts while the president was away as he was then acting president. But according to a clarification statement on the Daily Trust website from Laolu Akande, spokesman to the vice president, Osinbajo did not sign any contracts but only approved loans for the NNPC. Looks like the VP has taken several steps to distance himself from the issue.
President Muhammadu Buhari has ordered stoppage to the bickering and embarrassing public spectacle between the Minister of State, Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, and the Group Managing Director, GMD, Nigeria National Petroleum Corporation, NNPC, Mr. Maikanti Baru, Vanguard newspaper gathered. According to Vanguard, the President also directed that sanity should prevail as he ordered a halt to any further washing of dirty linens in public. Of interest to the President, sources privy to the meetings, held last Friday inside Aso Rock Presidential Villa, disclosed, are the compelling needs to tackle issues such as attacks on oil and gas facilities, funding of new projects and rehabilitation of refineries as well as implementation of Nigeria’s new petroleum policy in o
The Minister of State for Petroleum Resources, Ibe Kachikwu, has attempted to play down the enormity of his now-viral leaked memo in which he wrote President Muhammadu Buhari detailing serious disagreements with Maikanti Baru, Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), describing it as merely part of regular internal routine exchanges. In his reaction, Kachikwu described the leak and circulation of the internal memo as “distressing”, noting that the memo was merely part of routine exchanges he regularly shared with the president about “developments in parastatals under his supervision”. The minister’s reaction was delivered by the spokesperson for the Ministry of Petroleum Resources, Idang Alibi. Alibi said the letter was aimed not at discrediti