Gist Arena

T he Group Managing Director of the Nigerian National Petroleum Corporation, Maikanti Baru, has finally responded to allegations of corruption and violation of contract laws raised by the Minister of State for Petroleum, Ibeh Kachikwu. In a memo to President Muhammadu Buhari, leaked last week to the media, Mr. Kachikwu detailed several alleged misdeeds of Mr. Baru, including the unilateral award of hefty oil and gas contracts totaling about N9 trillion. He also accused Mr. Baru of insubordination. Mr. Kachikwu met with President Buhari on Friday, but despite the weight of the allegations, no government official reacted publicly until now. Read Mr. Baru’s statement released on Monday: PRESS RELEASE RE: ALLEGATIONS OF LACK OF ADHERENCE TO DUE PROCESS IN NNPC CONTRACT AWARDS Following the publication of alleged lack of adherence to due process in the award of NNPC contracts, the President ordered the Group Managing Director (GMD) and Management of the Nige...

T he Group Managing Director of the Nigerian National Petroleum Corporation, Maikanti Baru, has finally responded to allegations of corruption and violation of contract laws raised by the Minister of State for Petroleum, Ibeh Kachikwu. In a memo to President Muhammadu Buhari, leaked last week to the media, Mr. Kachikwu detailed several alleged misdeeds of Mr. Baru, including the unilateral award of hefty oil and gas contracts totaling about N9 trillion. He also accused Mr. Baru of insubordination. Mr. Kachikwu met with President Buhari on Friday, but despite the weight of the allegations, no government official reacted publicly until now. Read Mr. Baru’s statement released on Monday: PRESS RELEASE RE: ALLEGATIONS OF LACK OF ADHERENCE TO DUE PROCESS IN NNPC CONTRACT AWARDS Following the publication of alleged lack of adherence to due process in the award of NNPC contracts, the President ordered the Group Managing Director (GMD) and Management of the Nige...