Just In: Vice President, Yemi Osinbajo Admits Approving NNPC Oil Contracts Worth N640 Billion

at 01:24 PM, 12/10/2017 (9 months ago)
(10466 | Hero) (f)

A presidential aide has revealed that Vice-President Yemi Osinbajo approved two NNPC oil contracts worth N640 billion.  Vice President Yemi Osinbajo has taken responsibility for granting authorisation to the Nigeria National Petroleum Corporation (NNPC) for two oil contracts worth N640 billion, according to a report by Premium Times.
The report revealed that Osinbajo admitted approving the contracts in a statement released  by presidential spokesperson, Laolu Akande. The approval was given in his capacity as acting president in July.
“In response to media inquiries on NNPC joint venture financing, VP Osinbajo, as Ag President approved recommendations after due diligence,”
Mr. Akande said.
The admission comes after the Minister of State for Petroleum, Ibe Kachikwu had accused the NNPC GMD,  Dr. Maikanti Baru of insubordination and approval of contracts without due process.
But, in response, the NNPC had stated in the response that two presidential approvals were granted to the NNPC for contracts with Shell Nigeria and Chevron at the rate of $1 billion and $780 million respectively.
kixme at 01:29 PM, 12/10/2017 (9 months ago)
(2192 | Gistmaniac) (m)
OSI BOBO dem don futam for your head abi? KAI  Uncle BUBU and that him cabinet can never go unpunished... Shocked Shocked Shocked Shocked
ikenna520 at 01:37 PM, 12/10/2017 (9 months ago)
(358 | Upcoming) (m)
They don use u for cover up abi? Although we know say no be u be the real vice presido. MUMU! ODE!!!
Wazubia at 03:01 PM, 12/10/2017 (9 months ago)
(4100 | Gistmaniac) (m)
Osinbajo so you don join them for corruption. it is well.
ruthie at 03:40 PM, 12/10/2017 (9 months ago)
(16866 | Hero) (f)
CASE CLOSED!!!!!!!!!!!


  1. SOGaiya on: Giving Birth To More Than 5 Children Can Lead To Disease At Old Age
    stupid mindset of researcher ... 28 mins ago ago
  2. favourita on: Real Madrid Star, Gareth Bale Calls Off Wedding With Childhood Sweetheart (See Reason)
    D story too much ::) ::)  ::)... 47 mins ago ago
  3. SOGaiya on: Lady Who Thinks She's Coming To Have Fun With Her Boyfriend In Lagos Ends Up Eating Yam For 3 Da
    it normal n someone must be a victim... 49 mins ago ago
  4. favourita on: Lovely Photos From Sumbo Adeoye's Son's Naming Ceremony In The US last Night
    I love d way dis woman realise wot life is all about &    quickly  move on with h... 51 mins ago ago
  5. SOGaiya on: VIDEO: Congolese Women Are Injecting Themselves With Maggi Stock To Get Bigger Behinds
    nonessential... 53 mins ago ago