20171012

Kachikwu Also Got Contracts For 9 Firms, says NNPC

The war of integrity between Minister of State for Petroleum, Dr. Ibe Kachikwu and GMD of NNPC, Dr. Maikanti Baru got more intense on Wednesday.

NNPC faulted the Minister’s claim that he was not consulted on $10billion Crude Term Contracts.

NNPC said Kachikwu made an input into the shortlisting of 40 off-takers for the Crude Term Contracts and that he even recommending seven companies, which were engaged.

Also, he was said to have nominated two companies for the alleged Direct Sales, Direct Purchase (DSDP) transactions, which Kachikwu claimed were worth $5billion.

NNPC said while the Minister was its GMD, he sent a memo to the Bureau of Public Procurement (BPP) seeking clarification on the status of the NNPC Tenders Board.

NNPC’s position is contained in a fact-sheet apparently prepared against the backdrop of the 6 posers raised by loyalists of Kachikwu for Baru.

Besides the posers, Kachikwu had in an August 30 memo to President Buhari alleged that he was being sidelined by the GMD.

When The Nation contacted a top source in the Ministry of Petroleum Resources, who is in the position to know, he said NNPC was lying.

He said: “All of the above are lies. No official documentation backing this. This and possibly more to come are vain efforts to discredit Kachikwu and cover up the damning allegations he made.”