20171018

VP Osinbajo In Closed Door Meeting With Baru & Kachikwu

Vice President Yemi Osinbajo on Wednesday presided over a meeting attended by Minister of State for Petroleum Resources, Dr. Ibe Kachikwu  and the GMD of Nigerian National Petroleum Corporation, Dr. Maikanti Baru, at the Presidential Villa, Abuja.

Kachikwu and Baru were in the limelight lately over a letter the minister wrote to President Buhari.

Kachikwu later told newsmen that the meeting discussed issues relating to oil fields as well as opening of escrow accounts and cash call issues.

He said, “Is a meeting on upstream, a normal meeting. It was largely AGIP bringing some information to the Vice President on where they have been in terms of Okpai, in terms of Zabazaba Deepwater oilfield field , in terms of the cash call exit which they are doing with NNPC.

“It was basically updating him , asking for areas where they need some assistance from government officials to sort of fastrack . It was normal upstream meeting."

When asked on the extent which the issue of cash call discussed, the minister said, “Yes . We did only to the extent that a few completion items on NNPC, largely the opening up of the escrow accounts and that type of stuff which they need to fasten up on... So is going on very well."

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