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BREAKING: Osinbajo admits approving oil contracts for NNPC

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BREAKING: Osinbajo admits approving oil contracts for NNPC

Vice President, Professor Yemi Osinbajo has admitted granting authorisation to the NNPC for two oil contracts worth N640 billion while President Muhammadu Buhari was away on medical leave.

In a series of tweets, Mr Osinabjo’s spokesman, Laolu Akande said the VP as Ag President approved recommendations after due diligence.

Minister of state for Petroleum Resources, DR. Ibe Kachikwu, had accused the Group Managing Director (GMD) of the NNPC, Dr Maikanti Baru, of awarding contracts without due process, an allegation which was denied by the NNPC.

In response to media inquiries on NNPC joint venture financing, VP Osinbajo, as Ag President approved recommendations after due diligence…

 

— Laolu Akande (@akandeoj) October 12, 2017

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