The last straw that
broke the camel’s back was the N10 billion
private jet hire outcry. It was learnt that Engineer
Yakubu refused to approve the renewal of the jet
hire contract, hence the minister insisted on his
removal.

Omexonomy: LIES from the stable of APC since the death of AD and ACN

philips70:

I can imagine how many failures i registered in my school days and how many i going to registerd. It's obvious i don't read.

Omexonomy: FIXED

philips70:

Overused and outdated. Kid like me play too much, i will try and grow up.

philips70: The real reasons why the GMD was sacked has been revealed here. By 2019 even the GEJ TILL 2019 crew will all put their hands in their heads sobbing seriously when GEJ and Diezani might have finished with the country

Following the sudden sack of the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), it has been revealed that it was due to irreconcilable differences between the ex-NNPC boss and Petroleum Minister Diezani Alison-Madueke. Yakubu as well as Mr. Victor Briggs – the Managing Director of the Nigerian Petroleum Development Company (NPDC) — were ousted via a statement by President Goodluck Jonathan issued by his spokesman, Dr Reuben Abati, who immediately appointed Dr Joseph Thlama Dawha at NNPC and Mr. Anthony Ugonna Muoneke at NPDC as replacements. Yakubu is the fourth NNPC GMD in a space of four years. According to reports from News Express Nigeria, many staff of the NNPC remained shell shocked at the development yesterday, a few weeks after Yakubu reportedly told them that he had the confidence of the President. Industry sources in Abuja disclosed that the relationship between the former NNPC boss and the minister was dogged by disagreements on several issues. These include constant sack of highly-skilled professionals in the corporation who were trained by the federal government; sharp differences on policies affecting oil and gas industry; alienation of International Oil Companies (IOCs); opposition to the minister’s court action against the House of Representatives to stop the probe into alleged N10 billion spent on chartered jet; non-availability of the minister when crucial decisions are required; and pile up of files on matters affecting the industry. An NNPC source familiar with the situation said: “You know Yakubu, a northern minority, was the fourth to get the boot in four years. We had Barkindo, Ladan, Oniwon and the latest victim, Yakubu. “What happened was that the immediate past GMD was uncomfortable with the recurring sack of competent hands in NNPC to satisfy some cronies. His position was that sycophancy should not be the basis for appointments in the corporation. “For instance, a former GED of the NNPC in charge of exploration, Abiye, was sacked after he fought spiritedly to reconcile accounts on alleged missing oil funds with ex-CBN Governor Sanusi Lamido Sanusi. There were so many cases like that in the last four years.” The source also alleged that several policy proposals made by Yakubu never sat well with the minister. “The ex-GMD was not happy that the IOCs are divesting in the oil sector although the minister does not see anything wrong with the development,” the source said. “Above all, the former GMD detested the idea of running after a minister with files when crucial decisions were to be taken. “Instead of being mutually consultative, the minister will rather give an order on what should be done when it is technically obvious as defective. All the management staff owe the minister is “Yes, madam.” It was learnt that the minister has been having a running battle with Engineer Yakubu, especially following the various probes by the National Assembly, which project the NNPC as being corrupt. The last straw that broke the camel’s back was the N10 billion private jet hire outcry. It was learnt that Engineer Yakubu refused to approve the renewal of the jet hire contract, hence the minister insisted on his removal. Dr Mohammed Sanusi Barkindo, who was GMD when the minister took over in April 2010, was the first casualty, the same April, in the incumbent Petroleum Minister’s regime. Although, as in the latest removal the Presidency didn’t offer any reason for Barkindo’s sack, the talk in the industry was that he was considered too close to his former boss, the late Rilwanu Lukman, who died last month.....

Read more at TODAY: http://www.today.ng/news/revealed-why-nnpc-gmd-andrew-yakubu-was-sacked/?utm_source=rss&utm_medium=rss&utm_campaign=revealed-why-nnpc-gmd-andrew-yakubu-was-sacked

MisterLongman: As expected....... They will turn this issue into APC vs PDP

Bizibi: president Jonathan must remove diezani,she is getting too controversial.....