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Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC (36639 Views)

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Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by Clerverly: 1:10pm On Oct 12, 2017
aolawale025:


Do sane Nigerians love Buhari or Nigeria

Stop spamming my mention! angry angry

1 Like

Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by Clerverly: 1:13pm On Oct 12, 2017
Nbote:


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

Frustration is driving this one mad grin grin grin What is LIKES? I have 300000 Likes combined on Nairaland! grin grin I am not doing anything with Likes! grin grin

5 Likes

Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by Blue3k(m): 1:16pm On Oct 12, 2017
fergie001:
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.

What's wrong with you. You don't need to be a member of FEC to submit documents to them. It's like saying you have to be on board of executives before your submit document to your bosses for approval. He already explained and it was confirmed they didn't need the minister of states permission. You can't just repeat talking points.

6 Likes 2 Shares

Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by Ratello: 1:19pm On Oct 12, 2017
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

You have hit the punchline right there, God bless you!
Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by seunmsg(m): 1:22pm On Oct 12, 2017
Clerverly:


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


Below is BPP revised threshold for service wide application. B specifically relates to approval limits of NNPC procurement.

4 Likes

Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by DonVikings: 1:22pm On Oct 12, 2017
Nbote:


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
Obote, shut your trap! grin

3 Likes 1 Share

Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by onatisi(m): 1:23pm On Oct 12, 2017
massinola:
Who was expecting him to deny it before?

abi ooo

i dont know what people were expecting him to say .
maybe they were expecting him to say he didnt approve it and portray buhari as a corrupt person , well many more of such scandals will be revealed when this government leaves power .

5 Likes

Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by fergie001: 1:23pm On Oct 12, 2017
Blue3k:


What's wrong with you. You don't need to be a member of FEC to submit documenta to them. It's like saying you have to be on board of executives before your submit document to your bosses for approval. He already explained and it was confirmed they didn't need the minister of states permission. You can't just repeat talking points.
So the documents went through who?You?

So how does NAFDAC submit their documents,through the Minister of Defence abi?

He approved 640million naira,where is the balance?

Attorney-General of NNPC

13 Likes 2 Shares

Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by Omeokachie: 1:25pm On Oct 12, 2017
He took a bullet for Buhari...true loyalty.

I hope they remember to reward him handsomely sha.

2 Likes 1 Share

Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by Cajal(m): 1:26pm On Oct 12, 2017
massinola:
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
...and some have been wailing... Said cabal approved that....

1 Like

Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by Nobody: 1:29pm On Oct 12, 2017
grin grin grin grin

And Jonathan was an ineffectual Buffon...

grin grin grin grin

Some intellectually challenged imp just quoted this and did not see the the obvious humongous sarcasm... Omásé ooo

3 Likes

Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by Mistermamus(m): 1:31pm On Oct 12, 2017
all just to cover up d mess wehdone ooo

1 Like

Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by AlfaWaleFatai: 1:31pm On Oct 12, 2017
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.

This 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.
omenka

3 Likes

Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by Blue3k(m): 1:33pm On Oct 12, 2017
fergie001:

So the documents went through who?You?

So how does NAFDAC submit their documents,through the Minister of Defence abi?

He approved 640million naira,where is the balance?

Attorney-General of NNPC

Are you going play ask 20 dumb questions. What does bolder have to do with this? Again you people and shifting goal post it's pathetic.

The documents went to FEC and president which Baru letters said. Osinbajo confirned what extra do you want. The rest if FEC hasn't denied. If you read story it still needs details wait for them.

1 Like 1 Share

Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by RZArecta(m): 1:33pm On Oct 12, 2017
FriendNG:
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.
Buhari is a useless thief, Insha'Allah he shall be kicked out of Aso rock like a football in 2019

4 Likes 1 Share

Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by seunmsg(m): 1:33pm On Oct 12, 2017
Blue3k:


What's wrong with you. You don't need to be a member of FEC to submit documents to them. It's like saying you have to be on board of executives before your submit document to your bosses for approval. He already explained and it was confirmed they didn't need the minister of states permission. You can't just repeat talking points.

The part in bold is actually not correct. Memos for approval of contracts that falls within the threshold of FEC are presented by a member of FEC. That is why all MDAS have a supervising minister who presents such memos on their behalf. In the case of NNPC, their is a minister of state and the full minister who doubles as the president. The reasonable arrangement in this particular case should have been for the minister of state to present the memo to FEC on behalf of NNPC and not for the GMD to seek approval from the acting president. In any case, Osinbajo acted as the president and not as Minister of petroleum. He cannot inherit that portfolio in acting capacity even as an acting president.

16 Likes 6 Shares

Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by adetayo234: 1:34pm On Oct 12, 2017
I hope he wasn't forced to agree.

1 Like

Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by Robbin7(m): 1:34pm On Oct 12, 2017
Whether buhari or trump approves of the font fact, the two big question is and remains.
1) why was Minister term of state not aware, whether he needs to sign any part of it or not, he is a major key in the petroleum industry and nnpc, so he should have a fore knowledge of such huge contract.
2) why was it not presented at the fec meeting?

Whether anybody is vindicated ted or not, due process wasn't followed and that's wrong.

PS: don't tell me it was done due to the urgency of the matter.
Buh anyway, we dey observe.
God bless Nigeria.
God bless our president.
And God bless us all.

3 Likes 2 Shares

Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by talk2percy(m): 1:34pm On Oct 12, 2017
Lying ex pastor...they have mandated u to lie to the public and u have no choice than to do ur master's bidding. No wonder u resigned from being a pastor to being a full time politician. Buh they said buhari approved it while in his maternal home-London??

10 Likes 1 Share

Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by adetayo234: 1:35pm On Oct 12, 2017
GeeString:
Typical Afonja coward has taken the fall for his Fulani slavemaster.

When the heat comes down on Osibanjo, Buhari and his gworo chewing, burukutu drinking cabal will abandon him in a heartbeat.

Afonjas never learn!

When some of you talk, I just wonder why you can't apply your business brain to other parts of your lives. Do you even know what it means to be a vice president?

1 Like

Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by Cloud007: 1:36pm On Oct 12, 2017
wow....i saw this coming....

VP signed and backdate.

loatan. angry

1 Like

Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by godox2(m): 1:37pm On Oct 12, 2017
PointB:
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
Nawao!!!! See Unreasonable comment.

1 Like

Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by laffwitmi: 1:37pm On Oct 12, 2017
As an ipod terrorist is expected from you...
fergie001:
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.
Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by capatainrambo: 1:38pm On Oct 12, 2017
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 Sought 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!
zombies are back

1 Like 1 Share

Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by Nobody: 1:38pm On Oct 12, 2017
He didn't admit.........he simply took responsibility cheesy cheesy cheesy cheesy cheesy cheesy cheesy cheesy

2 Likes

Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by rexnuelll: 1:38pm On Oct 12, 2017
Do Vp as Ag. President have the constitutional power to approve such contract?.. the answer is YES. Was due diligence followed before approving the contract?..the answer is still YES. The only salient issue here is that Kachukwu as the minister of state and NNPC board chairman ought to have been carried along. But I still see no illegality here.

5 Likes 1 Share

Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by BanevsJoker(m): 1:39pm On Oct 12, 2017
FriendNG:
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.
But you believed that Diezani stole trillions of dollars. How much is your foreign reserve? Answer your own question.

8 Likes 3 Shares

Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by agbangam: 1:39pm On Oct 12, 2017
[quote author=aolawale025 post=61349500]

Do sane Nigerians love Buhari or Nigeria[/quote

Yes we do, he is trying hard to sanitize d huge mess left behind by dat demonic party called PDP. Although many of them are now in APC cos of fear of being prosecuted.

3 Likes 1 Share

Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by blessedken92: 1:40pm On Oct 12, 2017
massinola:
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
Nawa ooo so even pastor can lie just to save this useless government. Truly APC is a party of liars.
Re: Osinbajo Admits Approving N640 Billion Oil Contracts For NNPC by meforyou1(m): 1:40pm On Oct 12, 2017
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!
abeg keep quiet

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