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NNPC: Maikanti Baru’s letter suggests Buhari may have signed $1.78bn Contracts during Sick Leave

BellaNaija.com

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NNPC Boss Maikanti Baru claims Buhari approved $1.78 Billion Contracts while on Sick Bed in London - BellaNaijaMaikanti Baru, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), has suggested that President Muhammadu Buhari approved contracts worth $1.78 billion while away on his medical vacation in London.

The two contracts, worth $1 billion and $780 million each, were approved by on July 10 and July 31 respectively, Baru claimed in the NNPC October 9 response to Minister of State for Petroleum ResourcesIbe Kachikwu‘s accusations of insubordination against him. Kachikwu had said Baru had awarded contracts amounting to about $26 billion without his approval.

Baru in his letter claimed the contracts received presidential approval, a time when Buhari was away on medical vacation in London.

See the contracts:

1. NNPC/CNL JV Project Cheetah

Amount: $1.2bn | Date: 16/04/15 | Presidential Approval Date: 01/09/15 | Executed by: Dr. E. I. Kachikwu

2. NNPC/CNL JV Project Falcon

Amount: $780m | Date: 26/04/17 | Presidential Approval Date: 31/07/17 | Executed by: Dr. M. K. Baru

3. NNPC/SPDC JV Project Santolina

Amount: $1bn | Date: 26/04/17 | Presidential Approval Date: 10/07/17 | Executed by: Dr. M. K. Baru

Note: CNL stands for Chevron Nigeria Limited, SPDC for Shell Petroleum Development Company and JV for Joint Venture.

The first contract was executed by Kachikwu when he was still GMD of NNPC and signed at a time Buhari was in the country.

President Buhari in a letter, before leaving to receive treatment for an undisclosed ailment, had relinquished power to vice president Yemi Osinbajo, giving him the constitutional right to act as president.

Kachikwu, in his letter to the president, he had written about Baru meeting Osinbajo for the approval of personnel changes in the NNPC.

But Osinbajo had instructed Baru to return to Kachikwu, to get his input on and approval for the changes, suggesting that Osinbajo would not have given the approval for the contracts to be signed.

Premium Times reports that the personnel changes were not made until August 29, 10 days after president Buhari returned to the country.

Kachikwu’s letter to Buhari was written on August 30.

When contacted by Premium TimesNdu Ughamadu, spokesperson for the NNPC, refused to confirm or deny if President Buhari approved the contracts.

“Presidential approval is presidential approval,” Ughamadu said.

8 Comments

  1. Gemma

    October 11, 2017 at 11:49 pm

    Please people who are familiar with the legal system…is it legal for a president who has temporarily handed over to still act as president?

  2. nnenne

    October 12, 2017 at 12:32 am

    Gemma, the word ‘legal’,doesn’t exist in Nigeria!

  3. Silent Majority

    October 12, 2017 at 10:10 am

    Did the president authorize said contracts in his capacity as President or Minister of petroleum?
    If he signed as president whilst on medical leave then there are serious constitutional issues here.
    We know better and should do better.

  4. tunmi

    October 12, 2017 at 2:32 pm

    Do people not work when they’re on leave?

    Unless the insinuation is that the president was not in the right mental frame of mind when he signed this…and that is a separate allegation that must be backed with proof.

    Also…enough with throwing amounts around. Any details on what the projects are?

    • BEAUTIFUL

      October 12, 2017 at 3:47 pm

      @tunmi did you listen to yourself at all ‘do people not work when they’re on leave? Mtchewwwww, which leave?? did he not hand over to Osibajo to act as president by a letter he sent to the senate and was Osibajo not the Acting President?? keep being absurd and ridiculous trying to defend the indefensible

    • Bia

      October 12, 2017 at 4:53 pm

      Don’t mind tunmi. All these umuaka is the reason BN is not as exciting as it use to be. Very low IQ.

  5. tunmi

    October 12, 2017 at 2:38 pm

    Now the question is did Kachikwu review the next 2 contracts?

    • Dontworryaboutmyname

      October 12, 2017 at 6:29 pm

      What kinda foolishness is this biko? Didn’t you read that Kachikwu said he wasn’t contacted for approval of the contracts, how are you now expecting him to review something he never saw?
      First you try to defend Buhari who was a regular citizen after handing power to Osinbanjo, now this?….Bih Please!!!

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