You lied, Exaggerated contract Figures NNPC Replies kachikwu
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The Nigerian National Petroleum Corporation, NNPC, Monday, has described the allegations of the Minister of State for Petroleum Resources, Mr. Ibe Kachikwu, against its Group Managing Director, Mr. Maikanti Baru, as baseless and accused the minister of exaggerating and concocting figures to give vent to his claims.
The NNPC, in a response to the letter of Kachikwu, signed by its Group General Manager, Group Public Affairs Division of the NNPC,Mr. Ndu Ughamadu, maintained that due process was followed in the various activities.
“Furthermore, it is established that apart from the Ajaokuta-Kaduna-Kano(AKK) pipeline project and Nigerian Petroleum Development Company, NPDC, production service contracts, all the other transactions mentioned were not procurement contracts.
“The NPDC production service contracts have undergone due process, while the AKK contract that requires FEC approval has not reached the stage of contract award,” he said. Continuing, the NNPC argued that from the outset, the law and the rules guiding the NNPC do not require a review or discussion with the Minister of State or the NNPC Board on contractual matters, insisting that what was required was the processing and approval of contracts by the NNPC Tenders Board, the President in his executive capacity or as Minister of Petroleum, or the Federal Executive Council (FEC), as the case may be. “There are therefore situations where all that is required is the approval of the NNPC Tenders Board while, in other cases, based on the threshold, the award must be submitted for presidential approval. Likewise, in some instances it is FEC approval that is required,” the NNPC explained
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