Minister Of State For Petroleum Kachikwu Protests Award Of $25b Contracts By NNPC

A crisis of confidence has broken out between Minister of State for Petroleum Resources Dr. Emmanuel Ibe Kachikwu and Nigerian National Petroleum Corporation (NNPC) Group Managing Director (GMD) Dr. Maikanti Baru.

The minister has accused the GMD of awarding $25billion contracts without consulting either his office or the corporation’s board. He blamed the GMD for alleged insubordination, lack of adherence to due process and running a “bravado management style”.

Kachikwu said he was being sidelined by the GMD and other heads of parastatals in major decisions and appointments. He also added he was always being blocked from seeing the President.

He urged President Muhammadu Buhari to call the GMD to order to ensure due process and transparency in the oil sector.

Read the letter below……………………………………………………..