Keballl:


Didn't Kachikwu mention a contract scandal worth $26 billion. Approving such humongous contracts without due process is called what?

If you aren't shameless you will keep shut.

OritaIbadan:

So you expect Kachukwu to say $26 bilion was missing? So much of educated Nigerians

yaki84:

i hope judas of ubima is carrying u along.

I also heard hadi sirika dey rubbish amaechi the atm of buhari's 2015 campaign....

E no go beta for them sha, using amaechi n rubbishing him.

misano:



Where did the money go to?

Keballl:


Zombie, you were one of those who harassed Stella Oduah online over the aviation contract scandal. Now tell me why this isn't worse than that.

Toketimt:
Wike is so daft. Constantly deceiving his fools. No where in Kachikwu leaked letter talked about a missing $26 billion.

vedaxcool:
[s][/s]

Elegant stewpidity is the inability to disguish between the award of contract and actual embezzlement of funds.

Keballl:


Kachikwu letter is over a month old. Do we need to wait for months for simple records to be made straight.
Say it the way it is. There is a $26 billion corruption scandal rocking the NNPC.

Toketimt:


Difference is clear fool.

You may find this useful

REVEALED: How NNPC Act, BPP contract clause frustrated Kachikwu’s bid to micro-manage Baru

By Ibrahim Suleiman - October 6, 2017

More damning insights have emerged on Friday as to how some legal clauses frustrated the Minister of State for Petroleum Resources, Emmanuel Kachikwu from having “supervisory powers” over the Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Maikanti Baru.

Mr Kachikwu had in a leaked 8-page letter addressed to President Muhammadu Buhari on Monday accused Mr Baru of “acts of insubordination, humiliation, disrespect and lack of due process in the award of contracts.”

On Tuesday, DAILY NIGERIAN exclusively revealed why the minister reported the GMD to the President.But in what could be seen as a new twist to the raging rift between the two oil czars, a senior NNPC official who preferred not to be named exclusively told DAILY NIGERIAN that the fight was beyond what was contained in the letter.

“The fight between Kachikwu and Baru emanated from two clauses within the NNPC. And these are the NNPC Act and the Clause in a correspondence from the Bureau of Public Procurement (BPP) to the then GMD of NNPC (Ibe Kachikwu) regarding contracts.

“In the NNPC Act,” the source added, “it was stated clearly that the GMD NNPC will report directly to the Substantive Minister of Petroleum Resources, in this case President Muhammadu Buhari. Sadly for Kachikwu, the Act was silent on the GMD reporting to him.Secondly, in a letter dated June 26, 2015, the BPP clarified a clause regarding the power of the NNPC Tenders Board (and not the NNPC Board) to award contracts without recourse to the Minister of State.

“The approval limit of the NNPC Tenders Board is $20m. But where such contracts exceed the tenders board’s limits, approval must be sought from the Federal Executive Council (FEC).

“And in the case of the $26billion Kachikwu claimed Baru spent without due process, it was the same Federal Executive Council, with Kachikwu as a member, that approved the contracts. How would Baru, who is not even a member of FEC, be blamed for side-stepping the minister and bypassing due process?” the insider queried.Also, a correspondence seen by DAILY NIGERIAN from the BPP to the NNPC during Kachikwu’s reign as GMD/Minister of State for Petroleum, read in part: “The [NNPC] Governing Board is responsible for approval of the work programmes, corporate contract plans and budget while the [NNPC] Tenders Board is responsible for approval of day to day procurement implementation.”

According to the source, Mr Baru knew all these provisions very well and was using both in his dealings with Mr Kachikwu.

“Strangely, the same Minister who obtained such clarifications from the BPP while serving as GMD NNPC has now turned against it,” the source added.
According to him, “the whole bone of contention was because while Mr Kachikwu realized he was powerless to influence Baru as Minister of State in terms of contracts and other demands, the Minister could still not stand watching Baru having unfettered access to the President.”

The source further revealed that shortly after becoming the Minister of State and lost the authority to award “juicy contracts”, Mr Kachikwu successfully coned the President to make him Chairman of the NNPC Board.

“Unfortunately again for Kachikwu, he has no much influence on the GMD and his activities,” the source noted.

On the alleged skewed appointments, the source explained that what Mr Baru did was well in order as it was a continuation of most of the restructuring efforts earlier embarked by the Minister, while serving as the GMD NNPC.

“If you look at it critically, we can say nothing has changed. After all, Baru has been magnanimous enough to retain Kachikwu’s allies. The entire Chief Operating Officers (COO) of the Corporation were brought in by Kachikwu from some oil companies operating in Nigeria.

“For instance, among the seven Chief Operating Officers (COO/GEDs) currently working under Baru, five were actually appointed by Dr Kachikwu, three of whom came along with him from the International Oil Companies (IOCs),” he noted.

DAILY NIGERIAN gathered that while Mr Kachikwu brought in Babatunde Adeniran (COO Ventures), Anibor Kragha (COO Refineries) and Henry Ikem-Obih (COO Downstream) from outside, Isa Inuwa (COO Corporate Services), Bello Rabiu were sourced from within. Chidi Momah, who is still Secretary to the Corporation, was also hired by Mr Kachikwu.

The source finally noted that Mr Kachikwu’s letter has now torn apart what is left of the relationship between the two parties. “For now, it is beyond repair, and until Mr. President swings into action quickly, the end to this unhealthy rift may not be in sight,” he added.

When contacted, Mr Kachikwu’s spokesman, Idang Alibi, confirmed that only the NNPC Tenders Board not NNPC Board chaired by his boss, has the authority to award contracts.

Asked to further explain whether his boss was present at the Federal Executive Council meeting where the $26billion contract was approved, Mr Alibi declined comment, requesting that the questions be mailed to him.

He however did not provide the email address where DAILY NIGERIAN can [truncated by WhatsApp]

GavelSlam:


There is no corruption scandal.

There is the allegation of unilateral decision taking.

And if you say you cannot wait for the head of government who was known to be ill in the midst of all this, you can go to the Senate to protest.

biggy26:

Calm down bro and smell d coffee.

biggy26:

Your thought processes should be smoother than this. When you award contracts to that tune without due process is what?

Keballl:


Not following due process is corruption. Case closed BMC crew

Keballl:


The zombie made a bigger fool of himself copying and pasting BMC whatsapp broadcast full of unverifiable sources.

Hahaha hahaha!

You are a shameless paid psycophant demdem

Fool, because u aren't smart, u would have noticed that the reference from that write up came from daily Nigerian. One of Nigeria numerous dailies.
Again I reinstate that u and ur master are so irredeemably daft.

Toketimt:


Which money? Did ur household report any missing money?

Toketimt:


Fool, because u aren't smart, u would have noticed that the reference from that write up came from daily Nigerian. One of Nigeria numerous dailies.
Again I reinstate that u and ur master are so irredeemably daft.

biggy26:

Your thought processes should be smoother than this. When you award contracts to that tune without due process is what?

R2bees:
The way you guys arrived at $26Billion amaze me,, simply put $26Billion and still counting.. they ain't done yet,, by the time they are through with Nigeria,, there will be nothing left.. we might start borrowing from Botswana sef

wawale:

That is y it's always difficult for pple in dat region to lead the country:They go to school yet they never learn.Contract was issued without due process, contract was issued without due process, contract was issued without due process

Bobby808:
Where is the Emirate thief supervisor call Sanusi? His senior brother Buhari has, this time around, killed and build up his own corrupt empire in Nigeria. He should know that if we do not remove this biggest northerner thieves, they, as well as the neat currupt buhari will kill everyone. Only God knows how much Buhari has made through corruption within this two years.

Keballl:


It is corruption ? No?

haryorbarmie83:
APC or PDP. APC government are trying their best unlike the looters of common wealth.

Toketimt:


Fool, u that have the right sources, tell me which fraud or money is missing?

Keballl:


You are typically in a state of self confusion. $26 billion contract without due process is called what kid?

Toketimt:


Fool, that is the problem with u hopeless eediots. Kachikwu claimed[color=#990000][/color] without due process by not informing the board of NNPC however based on procurement laws governing the NNPC, the board do not need to know. Eediots like u have chosen to pitch on Kachikwu words while ignoring the laws of the land.