Showing posts with label Minister Of State For Petroleum Kachikwu Protests Award Of $25b Contracts By NNPC. Show all posts
Showing posts with label Minister Of State For Petroleum Kachikwu Protests Award Of $25b Contracts By NNPC. Show all posts

Wednesday, October 4, 2017

Minister Of State For Petroleum Kachikwu Protests Award Of $25b Contracts By NNPC


A crisis of confidence has broken out between Minister of State for Petroleum Resources Dr. Emmanuel Ibe Kachikwu and Nigerian National Petroleum Corporation (NNPC) Group Managing Director (GMD) Dr. Maikanti Baru.

The minister has accused the GMD of awarding $25billion contracts without consulting either his office or the corporation’s board. He blamed the GMD for alleged insubordination, lack of adherence to due process and running a “bravado management style”.