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Stats: 1,897,792 members, 3,861,295 topics. Date: Thursday, 19 October 2017 at 06:19 AM

Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC (29297 Views)

Osinbajo Denies Approving NNPC Contracts But Two Loans / NNPC Says Osinbajo Gave Approval For N640 Billion Contract;VP Office Keeps Mum / Buhari Approved N640Bn Oil Contracts From His Sick Bed In London- Baru indicates (1) (2) (3) (4)

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Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by massinola(m): 12:32pm On Oct 12
Vice President Yemi Osinbajo has taken responsibility for granting authorisation to the NNPC for two oil contracts worth N640 billion.

A statement by presidential spokesperson, Laolu Akande, said Mr. Osinbajo approved the contracts in his capacity as acting president in July.

“In response to media inquiries on NNPC joint venture financing, VP Osinbajo, as Ag President approved recommendations after due diligence,” Mr. Akande said.

The admission comes a day after PREMIUM TIMES amplified a curious part of the NNPC response to the Minister of State for Petroleum, Ibe Kachikwu’s allegations on Monday.

The NNPC had stated in the response that two presidential approvals were granted to the NNPC for contracts with Shell Nigeria and Chevron at the rate of $1 billion and $780 million respectively.

But when PREMIUM TIMES reached NNPC and the presidency for clarification on Tuesday, they could neither confirm not deny at the time.

https://www.premiumtimesng.com/news/headlines/245881-breaking-osinbajo-admits-approving-n640-billion-oil-contracts-nnpc.html/amp

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Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by massinola(m): 12:34pm On Oct 12
Who was expecting him to deny it before?

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Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by PointB: 12:34pm On Oct 12
Hahahaha. Now the Pastor has been coerced to lie to save the skins of economic Jihadists! Well done Pastor.
I hope Kachikwu will also admit presenting the document at the FEC prior to your approval. grin grin

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Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by Clerverly: 12:35pm On Oct 12
I pity IPOB Terrorists- The militant arm of PDP! They have Been toiling day and night, to make sure, the unfounded allegation of "Phantom Missing $26B" is stacked on Buhari, at least to help in denting his towering integrity posture.

However, the more they try, the more, it is evident that Buhari is a stickler to due process.

Baru, in his initial reaction maintained, that he Sought Presidential approvals before the contracts were awarded, and the then acting President just confirmed it...

The NNPC had stated in the response that two presidential approvals were granted to the NNPC for contracts with Shell Nigeria and Chevron at the rate of $1 billion and $780 million respectively.


SalamRushdie and his ipob friends can now go meet Kanu and do the needful!

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Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by aolawale025: 12:36pm On Oct 12
They finally succeeded in roping the man in. No reasonable person believes this

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Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by Clerverly: 12:37pm On Oct 12
lalasticlala

Buhari has been vindicated! grin grin grin grin


Ipob terrorists, can now wait for the Reactions from the Kpomo Cutting governor called Fayose, and that Bianca Ojukwu Boyfriend-FFK to console themselves! grin grin grin grin

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Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by DozieInc(m): 12:37pm On Oct 12
The spirit of Lie Mohammed is at work.

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Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by FortifiedCity: 12:39pm On Oct 12
angry

If Osibanjo actually approved that huge money, trust me, he was coerced and blackmailed to do it. Any other reason he gives is a cover-up.

Northern leaders can be desperate, they don't value Osinbajo's office at all. They see this time Buhari is in power as a time to accumulate everything 'accumulatable'. And Buhari doesn't care.

But on a second note, Osibanjo should have stood his ground and asked necessary questions even though he looks too timid

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Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by harmless011: 12:41pm On Oct 12
Lol I know it will come to this, now the question is who presented the documents to osibanjo and how come it was not deliberated at FEC.
Perhaps the minister of state petroleum was sleeping when the issue was decided at FEC.
All this attempt to cover up this stinking and monumental corruption will not work.
Corrupt government forming Saint.

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Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by StRichard(m): 12:42pm On Oct 12
Just as expected.

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Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by fergie001(m): 12:44pm On Oct 12
So what people have been saying is true.

Oga Sir,you mean you approved after due diligence with whom,cos Buhari was sick then and you were not granted access to see our "Lord and Personal Savior" at the time.

Was it brought before FEC?
IF yes,by whom?

Baru?is he a member of FEC?

Or perhaps,I forgot....Kachikwu brought it to FEC,Then he forgot that he brought it and then wrote a letter.

Or you signed too without the Minister of State bringing it before FEC?Professor of Law,how manage?

Osinbajo,Sorry.

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Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by ChangetheChange: 12:48pm On Oct 12
grin

Osibanjo approved 640 billion Naira contract out of $26 Billion Dollars.

Who approved the remaining money

Who approved the remaining money left of the $26 billion contract

Only Yesterday NNPC MD Baru told us that Buhari approved those contracts from his sick bed in London

Who is fooling who

Nigeria don enter ONE CHANCE

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Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by Nbote(m): 12:50pm On Oct 12
Abeg we are tired of d kind of news coming out from d govt.. Someone pls mute dem until 2019 elections

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Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by Clerverly: 12:51pm On Oct 12
FortifiedCity:
angry

If Osibanjo actually approved that huge money, trust me, he was coerced and blackmailed to do it. Any other reason he gives is a cover-up.

Northern leaders can be desperate, they don't value Osinbajo's office at all. They see this time Buhari is in power as a time to accumulate everything 'accumulatable'. And Buhari doesn't care.

But on a second note, Osibanjo should have stood his ground and asked necessary questions even though he looks too timid


It is no longer, that he didnt sign it, it is now about being "coerced or blackmailed"?? Ipob yoots are really weird in their hate filled conspiracies grin

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Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by harmless011: 12:53pm On Oct 12
Clerverly:
[s][/s]

It is no longer, that he didnt sign it, it is now about being "coerced or blackmailed"?? Ipob yoots are really weird in their hate filled conspiracies grin
See how you are busy defending corrupt elements, I don't know how much they pay you for this but bear in mind they are toying with your future and you are here applauding them. Kontinue

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Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by AlfaWaleFatai: 12:53pm On Oct 12
Clerverly:
[s]


It is no longer, that he didnt sign it, it is now about being "coerced or blackmailed"?? Ipob yoots are really weird in their hate filled conspiracies grin
[/s]
trash

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Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by Clerverly: 12:54pm On Oct 12
Nbote:
Abeg we are tired of d kind of news coming out from d govt.. Someone pls mute dem until 2019 elections

I understand your frustrations....you had expected Osinbajo, to deny signing the contracts, to further drive your mission towards 2019?

Kpele! Fayose, Wike or FFK, will soon manufacture another lie for you to masturbate on.. grin grin grin grin

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Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by AlfaWaleFatai: 12:54pm On Oct 12
Clerverly:
I pity IPOB Terrorists- The militant arm of PDP! They have Been toiling day and night, to make sure, the unfounded allegation of "Phantom Missing $26B" is stacked on Buhari, at least to help in denting his towering integrity posture.

However, the more they try, the more, it is evident that Buhari is a stickler to due process.

Baru, in his initial reaction maintained, that he South Presidential approvals before the contracts were awarded, and the then acting President just confirmed it...




SalamRushdie and his ipob friends can now go meet Kanu and do the needful!

Buhari is a criminal terrorist

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Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by Blue3k(m): 12:55pm On Oct 12
Why are these salty people always shifting goal post. First it was Buhari doing work in sick bed as president now it's the VP is being black mailed.

The FEC and VP approved contracts what's this nonsense about missing money. Kachikwu letter didn't even claim such. He said due process was violated when awarding contracts.

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Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by Clerverly: 12:56pm On Oct 12
harmless011:

See how you are busy defending corrupt elements

I can never defend a corrupt person! Sieve hate campaign against Buhari by ipob terrorists, and you will discover why sane Nigerians love Buhari!

16 Likes 3 Shares

Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by FortifiedCity: 12:57pm On Oct 12
Clerverly:
[s][/s]

It is no longer, that he didnt sign it, it is now about being "coerced or blackmailed"?? Ipob yoots are really weird in their hate filled conspiracies grin
What's my own if he signed or not? All their policies have no direct impact on my existence. I couldn't care less.

I know what your master Buhari and his nepostistic brothers can do.

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Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by PointB: 12:59pm On Oct 12
Oshibanjo needs to go and buy sense.

He's about to be used and dumped; he's about to become the fall guy.

Expect more lies from his office/person as events unfolds.

Oshigbanjo don buy market; one chance! grin grin

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Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by Clerverly: 1:00pm On Oct 12
Blue3k:
Why are these salty people always shifting goal post. First it was Buhari doing work in sick bed as president now it's the VP is being black mailed.

Their Brains are wired to hate Buhari...so we understand, when they shift goal posts grin grin grin

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Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by RZArecta(m): 1:03pm On Oct 12
OKOKOBIOKO grin Osinbande is forced to protect his neck grin what a WAWUUUU cool

Dear 'Pastor' VP,

"Presidential assent to any contract under PPA that's above the tenders board threshold without FEC approval is ILLEGAL."

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Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by seunmsg(m): 1:03pm On Oct 12
Presidential assent to any contract under Public procurement act that is above the tenders board threshold without FEC approval is illegal.

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Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by harmless011: 1:04pm On Oct 12
seunmsg:
Presidential assent to any contract under Public procurement act without FEC approval is illegal.
You are very correct

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Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by PointB: 1:06pm On Oct 12
seunmsg:
Presidential assent to any contract under Public procurement act that is above the tenders board threshold without FEC approval is illegal.

IPOB spotted. grin grin grin

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Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by Clerverly: 1:06pm On Oct 12
seunmsg:
Presidential assent to any contract under Public procurement act that is above the tenders board threshold without FEC approval is illegal.

Can you avail us the specific act? i mean the sections?

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Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by FriendNG: 1:06pm On Oct 12
The liars claim money is missing which even Kachikwu did not said so.


How much is our foreign reserve? $30


By force or by fire they want to juxtapose Jonathan $20 alleged stolen fund with Buhari $26.

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Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by Blue3k(m): 1:07pm On Oct 12
Clerverly:


Their Brains are wired to hate Buhari...so we understand, when they shift goal posts grin grin grin

This issue is dead in my opinion Baru out flanked Kachikwu regarding contracts. He has law, legal precedent, Buhari and Osinbajo both vouching for him. Im just surprised these so called educated people are saying the miney is missing. The letter said it was awarding without due process. The is much more to answer besides those appointments if he hadn't already.

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Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by aolawale025: 1:08pm On Oct 12
Clerverly:


I can never defend a corrupt person! Sieve hate campaign against Buhari by ipob terrorists, and you will discover why sane Nigerians love Buhari!

Do sane Nigerians love Buhari or Nigeria

23 Likes 2 Shares

Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by Nbote(m): 1:08pm On Oct 12
Clerverly:


I understand your frustrations....you had expected Osinbajo, to deny signing the contracts, to further drive your mission towards 2019?

Kpele! Fayose, Wike or FFK, will soon manufacture another lie for you to masturbate on.. grin grin grin grin

Acting Resident zombie, Nairaland branch, we have seen u and acknowledge ur presence. Go and get more Vaseline. U think liking ur own posts means u have sense?? Nah

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