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ivandragon:


exactly!


if the matter was presented at FEC, it would have been Kachukwu that would have made the presentation on behalf of his ministry.

so why would he present something to the FEC & turn around to condemn it?


these APC goons are just trying to muddle up the issues.

first it was $4b within 6 months of this regime. now another $26b with stories...

that's $30b within 2 years that has 'comma' attached

Mr president is the minister of petroleum and unless he delegates powers to the minister of state, the minister of state cannot perform by law. People access mr president and gets approvals without thinking of the VP

seunmsg:


NNPC cannot award contracts that are above $20million without FEC approval. The GMD of NNPC is not a member of FEC and can't present memos for procurement to the body. He has to go through the supervising minister. Now, if the GMD is getting approval directly from the president without going through the minister and FEC, then there is a serious breach of protocol and due process. It also shows the presidents lack of confidence in his minister of state for petroleum.

If the above is the case, Kachikwu should quietly resign instead of sucking up the insubordination and lack of trust. Let the president and his cabal continue to run the oil industry in a manner that shows serious disregard for due process and lack of transparency.

There is a minister who is also a member of the board. Mr president