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How Buhari Traded NNPC GMD Position for Campaign Funding - Nigeriantimes.ng - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsHow Buhari Traded NNPC GMD Position for Campaign Funding - Nigeriantimes.ng (40536 Views)

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How Buhari Traded NNPC GMD Position for Campaign Funding - Nigeriantimes.ng by exlinkleads(op): 1:47pm On Aug 05, 2015
How Buhari Traded NNPC GMD Position for Campaign Funding



….Inside the negotiations that brought him in

 

President Muhammadu Buhari on Tuesday approved the appointment of Executive Vice Chairman of ExxonMobil Africa, Emmanuel Ibe Kachikwu, as Group Managing Director (GMD) of the Nigeria National Petroleum Corporation (NNPC).

This however did not come without some high level political horse trading that puts President Buhari’s celebrated integrity at stake, the Nigerian Times investigation can reliably reveal.

Nigerian Times can disclose that Kachikwu who has before the dissolution of the board of the NNPC been behind most of the administration’s directives in the oil and gas sector is the candidate of the biggest private players in the sector; the unabashed controllers of Nigeria’s hydro-carbon destiny.

Kachikwu was introduced to Buhari by a group of oil block owners that comprise of former President Ibrahim Babangida,his side kick business magnate, Nuel Ojei and Gen Theophilus Danjuma (rtd) before the elections. It wasn’t their first try.

Around 2013, the triumvirate met with then President Goodluck Jonathan and made him a proposal: accept Dr Kachikwu as Petroleum Minister in place of  Deziani Alison-Madueke and they would back him maximally in the 2015 elections. The negotiations dragged on and finally collapsed when President Jonathan called it off.

Then as the 2015 elections loomed and Buhari’s campaign had to contend with serious financial constraints, he turned to Gen. T. Y. Danjuma for help. Danjuma invited his friends, Babangida and Nuel Ojei for a meeting where a decision was taken to present their botched plan with Jonathan to Buhari.

Buhari accepted to give them the position of the petroleum minister as a reward for their funding. Thereafter billions of Naira flowed into the Buhari campaign. Indeed the group also contributed to the Jonathan campaign.

After Buhari’s inauguration, the triumvirate met him with their candidate in attendance. Sources abreast of the negotiations told the Nigerian Times that Buhari announced to the group a slight change in the plan. According to the source, he told them that a group he referred to as “my people” would not agree to cede the position to them as originally planned.

Danjuma was left fuming and was said to have challenged Buhari to be the man he claims to be by keeping to the original agreement. The President offered the GMD’s position which was flatly rejected. To juice up his offer, he promised both the GMD and minister of state, petroleum. Danjuma was said to have pointed out the sheer clumsiness of the proposal. That was the point IBB took over a mediatory role. It was not clear at press time if the additional offer of minister of state, petroleum was still on the table.

Kachikwu, a respected operator in the industry owes his rise in the industry to his beautiful mind and an array of godfathers in the industry. Nuel Ojei is the Delta State born oil industry player who came into untold riches when IBB was president. Even though, Buhari has repeatedly restated his readiness to fight vested interest, the latest appointment simply goes to show how those interests could easily overwhelm.

Kachikwu hails from Onicha-Ugbo in Delta State and a First Class Graduate of Law from the University of Nigeria, Nsukka and the Nigerian Law School.

The new NNPC Chief Executive also has Masters and Doctorate Degrees in Law from Harvard Law School.
Source: http://nigeriantimes.ng/news/exclusive-how-buhari-traded-nnpc-gmd-position-for-campaign-funding/

Re: How Buhari Traded NNPC GMD Position for Campaign Funding - Nigeriantimes.ng by Milliprime:
Hmmm

Change on the way cheesy
Re: How Buhari Traded NNPC GMD Position for Campaign Funding - Nigeriantimes.ng by chocolateme(f):
The best thing for Nigerians to do is to leave the President alone to do all the adjustments and appointments he deem fit for him to run a comfortable, effective and efficient administration. It is high time for people to stop wailing and accept him to the end which justifies the means.
Re: How Buhari Traded NNPC GMD Position for Campaign Funding - Nigeriantimes.ng by deadZONE: 1:48pm On Aug 05, 2015
grin grin grin grin grin
Re: How Buhari Traded NNPC GMD Position for Campaign Funding - Nigeriantimes.ng by ifeoluwasegun(m): 1:49pm On Aug 05, 2015
iSSORYT
Re: How Buhari Traded NNPC GMD Position for Campaign Funding - Nigeriantimes.ng by dokiOloye(m):
Change is here.
Lolz.
I thank God I never fell for d change scam.
Re: How Buhari Traded NNPC GMD Position for Campaign Funding - Nigeriantimes.ng by Nobody: 1:50pm On Aug 05, 2015
Fooling d dump ass like him with this. Gej na my father. Fayose my uncle. Nelson Wike my big brother. Pmb my ......... Hmmmm
Re: How Buhari Traded NNPC GMD Position for Campaign Funding - Nigeriantimes.ng by Nobody:
I know IOCs nominated him.... Now I know why PMB said my "friends from the West"...lets watch and see
Re: How Buhari Traded NNPC GMD Position for Campaign Funding - Nigeriantimes.ng by boboLIL(m): 1:54pm On Aug 05, 2015
Anaemenu
Re: How Buhari Traded NNPC GMD Position for Campaign Funding - Nigeriantimes.ng by Gboliwe: 1:55pm On Aug 05, 2015
Stay calm and find out who the next minister of petroleum will be. Then you can make your conclusions
Re: How Buhari Traded NNPC GMD Position for Campaign Funding - Nigeriantimes.ng by docmoses(m): 1:56pm On Aug 05, 2015
oooh kayy
Re: How Buhari Traded NNPC GMD Position for Campaign Funding - Nigeriantimes.ng by jantofubu(m):
[size=22pt]lwkmd wailers been insinuating nonsense since independence grin[/size]
Re: How Buhari Traded NNPC GMD Position for Campaign Funding - Nigeriantimes.ng by emamos: 1:59pm On Aug 05, 2015
now believe there are wailers indeed
Re: How Buhari Traded NNPC GMD Position for Campaign Funding - Nigeriantimes.ng by StOla: 2:07pm On Aug 05, 2015
Even if he has a criminal agenda, it will never see the light of day under Buhari.

If irresponsible Jonathan was president there would be reason to worry, no need for worries with the dedicated Buhari. He is about the most informed president we will ever have as far as our peculiar oil and gas industry is concerned.

Buhari will not be deceived.
Re: How Buhari Traded NNPC GMD Position for Campaign Funding - Nigeriantimes.ng by CR77(f): 2:08pm On Aug 05, 2015
uupgrade:
Fooling d dump ass like him with this. Gej na my father. Fayose my uncle. Nelson Wike my big brother. Pmb my ......... Hmmmm
PMB ur grandfather cheesy
Re: How Buhari Traded NNPC GMD Position for Campaign Funding - Nigeriantimes.ng by vedaxcool(m): 2:08pm On Aug 05, 2015
But will wailers survive 4 yrs of Buhari? 2 months is already driving them nuts!
Re: How Buhari Traded NNPC GMD Position for Campaign Funding - Nigeriantimes.ng by Burger01(m): 2:08pm On Aug 05, 2015
Nna wa o. When will the wailers leave baba alone? Una no dey tire? sad undecided
Re: How Buhari Traded NNPC GMD Position for Campaign Funding - Nigeriantimes.ng by Nobody: 2:08pm On Aug 05, 2015
hehehehehehe

the sophisticated slaves will call this reporters wailing wailers
Re: How Buhari Traded NNPC GMD Position for Campaign Funding - Nigeriantimes.ng by bigboss80s(m): 2:08pm On Aug 05, 2015
Serious
Re: How Buhari Traded NNPC GMD Position for Campaign Funding - Nigeriantimes.ng by slap1(m): 2:09pm On Aug 05, 2015
To read or not to read.. .
Re: How Buhari Traded NNPC GMD Position for Campaign Funding - Nigeriantimes.ng by Mogidi: 2:09pm On Aug 05, 2015
Buhari accepted to give them the position of the petroleum minister as a reward for their funding. Thereafter billions of Naira flowed into the Buhari campaign.
No Smoke Without fire, the reasons are becoming apparent.
Re: How Buhari Traded NNPC GMD Position for Campaign Funding - Nigeriantimes.ng by yorke1: 2:10pm On Aug 05, 2015
Is alright
Re: How Buhari Traded NNPC GMD Position for Campaign Funding - Nigeriantimes.ng by mrlaw93(m): 2:10pm On Aug 05, 2015
This is good news To all dem wailers.. grin

Meanwhile, ride on my president, i dey your back like hunch..

Re: How Buhari Traded NNPC GMD Position for Campaign Funding - Nigeriantimes.ng by omanifrank(m): 2:10pm On Aug 05, 2015
ok
Re: How Buhari Traded NNPC GMD Position for Campaign Funding - Nigeriantimes.ng by presentley: 2:10pm On Aug 05, 2015
Why wait till he was appointed before revealing this?
Re: How Buhari Traded NNPC GMD Position for Campaign Funding - Nigeriantimes.ng by Nobody: 2:10pm On Aug 05, 2015
uupgrade:
Fooling d dump ass like him with this. Gej na my father. Fayose my uncle. Nelson Wike my big brother. Pmb my ......... Hmmmm
PMB your nightmare dressed like a day dream.
Re: How Buhari Traded NNPC GMD Position for Campaign Funding - Nigeriantimes.ng by Chiaka(f): 2:11pm On Aug 05, 2015
How does this help me!
Re: How Buhari Traded NNPC GMD Position for Campaign Funding - Nigeriantimes.ng by Tsanyawa: 2:11pm On Aug 05, 2015
LIES
Re: How Buhari Traded NNPC GMD Position for Campaign Funding - Nigeriantimes.ng by Nobody: 2:11pm On Aug 05, 2015
no matter how long it takes, the truth would always prevail
Re: How Buhari Traded NNPC GMD Position for Campaign Funding - Nigeriantimes.ng by superior1: 2:11pm On Aug 05, 2015
Junk journalism
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