No price hike, there&#8217;s steady supply of fuel &#8211; NNPC

Instead of taking loan, FG should recover $21.7bn from NNPC – Falana

Human right lawyer, Femi Falan has urged the Federal Government to recover unremitted funds from the Nigerian National Petroleum Corporation (NNPC) rather than borrowing. He spoke on Wednesday in Lagos at a national seminar on Promoting Transparency and Accountability in the Recovery of Stolen Asset in Nigeria: Agenda for Reform organized by Socio-Economic Rights and Accountability Project (SERAP)... Read More

$21.7bn, femi falana, FG, loan, nnpc, recover

November 8, 2017

Nigeria will not experience fuel scarcity anymore – NNPC

The Nigerian National Petroleum Corporation (NNPC) has said the country will never experience fuel scarcity anymore. Ndu Ughamadu, NNPC spokesman in a statement said Ikem Obih, chief operating officer, downstream, and alternate chairman of the corporation board, made the promise in Abuja. He said Maikanti Baru, group managing director, has directed Petroleum Products Marketing Company(PPMC) to ensure... Read More

The Late 5: Customs boss blames PDP for failures in Buhari’s administration, ‘Okada’ association in Ekiti says 50 percent of its members are graduates, and other top stories

Good evening. Here are the top 5 stories that drove conversation today: President Muhammadu Buhari played host to six northern governors at the State House, today. The visiting governors were those of Kogi, Nasarawa, Kaduna, Bauchi, Kano and Yobe states. The purpose of the visit was not disclosed. This kind of visit, normally, wouldn’t call... Read More

boko haram, Bukola Saraki, Ekiti, Hameed Ibrahim Ali, Maikanti Baru, Muhammadu Buhari, nnpc, sambisa, The Late 5, Yakubu Dogara

October 27, 2017

NNPC to begin oil exploration in Nasarawa

Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru has said the agency will soon begin oil exploration in Nasaraw state. Baru said this when he paid a visit to the governor of the state, Umaru Tanko Almakura, on Thursday. He said the visit was in fulfilment of the presidential mandate to resume... Read More

Nasarawa, nnpc, oil exploration

October 16, 2017

Don’t bury $25bn NNPC scandal | Ezekwesili tells Buhari

Former Minister of Education, Oby Ezekwesili has asked President Muhammadu Buhari not to cover up the Nigerian National Petroleum Corporation (NNPC) fraud allegations. She said this in response to memo by Minister of State for Petroleum Resources, Ibe Kachikwu. The Presidency had dismissed reports of a $25bn contracts or it is missing. In a series of tweets,... Read More

$25bn, nnpc, Oby Ekwezesili, President Muhammadu Buhari, scandal

October 16, 2017

The Big 5: President Buhari grants a little girl’s wish, Minister of Finance says Nigeria needs to keep borrowing, and other top stories

Good morning. Here are the top 5 stories you should be monitoring today: President Muhammadu Buhari is starting the week on a pretty inspiring note. In a very unprecedented turn of events, President Buhari granted the wish of a little girl, Aysha Aliyu Gebi, from Bauchi State who wrote a letter requesting to see him.... Read More

Kachikwu, kemi Adeosun, Labour Union, Muhammadu Buhari, nnpc, The Big 5

October 15, 2017

NNPC did not award contracts worth $25bn – Presidency

The Presidency has dismissed reports that the Nigerian National Petroleum Corporation (NNPC) awarded contracts worth $25bn or that the same amount is missing. What happened: Minister of State for Petroleum, Ibe Kachikwu had written a memo to President Muhammadu Buhari, where he accused Baru of $25bn contract scam. Kachikwu also accused the NNPC boss of insubordination and sidelining him from important... Read More

$25bn, Award, Contracts, Ibe Kachikwu, nnpc, Presidency

October 15, 2017

Kachikwu is a minister without portfolio – David-West

Former minister of Petroleum, Tam David-West had said Minister of State for Petroleum Resources, Ibe Kachikwu is a minister without portfolio. David-West said this in a recent interview with Punch. He said this in response to Kachikwu’s petition to President Muhammadu Buhari where he accused the Director General of the Nigerian National Petroleum Corporation, Maikanti Baru... Read More

Ibe Kachikwu, Maikanti Baru, nnpc, portfolio, Tam David West

October 14, 2017

The Thread: Why the Senate needs to pass the Petroleum Industry Bill

This week has seen the NNPC, the nation’s oil corporation, under the microscope for fraudulent contracts and ethnic politics. President Buhari has taken the brunt of the criticism, being the Minister of Petroleum. Vice President Osinbajo was almost roped into the controversy, with the disclosure that he approved 642 billion naira contract in President Buhari’s... Read More

Opinion

Federation Account, Joint Venture, nigeria, nnpc, Oil, PIB, senate

October 13, 2017

The Late 5: What President Buhari discussed with South-east leaders today, 3 female suicide bomber killed in Maiduguri, and other top stories

Good evening. Here are the top 5 stories that drove conversation today: President Muhammadu Buhari met with leaders of the south-east region at the Aso Villa today. According to reports, he met with some state governors and leaders of Ohanaeze Ndigbo. At the meeting, President Buhari, among other things, assured the south-eastern leaders that their... Read More

bonny island, Buhar, maiduguri, nnpc, Osinbajo, The Late 5

October 13, 2017

What Osinbajo approved for NNPC weren’t contracts | Yet another ‘clarification’ by the presidency (READ)

The Presidency has also dismissed reports that the Vice President Yemi Osinbajo approved contracts for the Nigerian National Petroleum Corporation (NNPC). Osinbajo on Thursday had said he only approved loans for the NNPC joint venture financing with the IOCs. The NNPC had earlier said the Vice President approved the contracts while President Muhammadu Buhari was... Read More

approve, Contracts, loans, nnpc, Yemi Osinbajo

BREAKING: I approved NNPC joint venture contracts – Osinbajo

Vice President Yemi Osinbajo has said he approved contracts of the Nigeria National Petroleum Corporation (NNPC) while he was acting President. Background: Minister of State for Petroleum, Ibe Kachikwu had written a memo to President Muhammadu Buhari, where he accused Baru of $26bn contract scam. Kachikwu also accused the NNPC boss of insubordination and sidelining him from important decisions. Following... Read More

Contracts, Ibe Kachikwu, Maikanti Baru, nnpc, Yemi Osinbajo

Osinbajo gave approval for N640bn contracts – NNPC

The Nigerian National Petroleum Corporation (NNPC) on Wednesday said two oil contracts worth N640 billion were granted approval by the Vice President, Yemi Osinbajo while he was acting President, Premium Times reports. Background: Minister of State for Petroleum, Ibe Kachikwu had written a memo to President Muhammadu Buhari, where he accused Baru of $26bn contract scam. Kachikwu also accused the... Read More

Ibe Kachikwu, Maikanti Baru, N640 billion, nnpc, Yemi Osinbajo

Olusegun Adeniyi: The 25 billion dollar palaver

by Olusegun Adeniyi …I recall a particular episode when we were going to Saudi Arabia for the Third OPEC Summit, in November 2007. Before we left for the airport, someone had given me copy of a publication by a foreign website dedicated to oil and gas reporting. The publication detailed how oil lifting licences... Read More

Opinion

25 billion contract scandal, Ibe Kachikwu, Maikantu Baru, nnpc, Olusegun Adeniyi, opinion

Awarding contracts without Kachikwu is illegal | Falana tells NNPC boss Baru

Human Rights lawyer, Femi Falana has said Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru was wrong to have ‘unilaterally’ awarded contracts without the Minister of State for Petroleum Resources. Background: Minister of State for Petroleum, Ibe Kachikwu had written a memo to President Muhammadu Buhari, where he accused Baru of $25bn contract scam.... Read More

award of awards, Contracts, femi falana, Ibe Kachikwu, Maikanti Baru, nnpc

October 11, 2017

‘Buhari received Kachikwu’s petition after media leak’

Minister of State for Petroleum Resources, Ibe Kachikwu submitted his petition to President Muhammadu Buhari, only after it was leaked to the media, TheCable reports. According to the online news medium, the letter which was dated August 30, 2017 was only submitted on October 5 after it leaked on October 3. It was learnt that... Read More

Ibe Kachikwu, Maikanti Baru, nnpc, petition, President Muhammadu Buahri

Insiders: Buhari has shown beyond reasonable doubt that he is a sectional leader

Insiders have reacted to the Ibe Kachukwu, Maikanti Baru feud. Most of them are of the opinion that the President needs to rise beyond sectional proclivities if he is to put an end to these personalities or institutional squabbles that is typical of his government. “Ibe Kachukwu has acted in a proper way; escalate the... Read More

Thinking Through

GMD, Ibe Kachikwu, Insiders, Maikanti Baru, nnpc, President Muhammadu Buhari, sectional leader

The Big 5: Baru continues attack on Kachikwu’s petition, Prof Osinbajo’s plan for 2019 election, and other top stories

Good morning. Here are the top 5 stories you should be monitoring today. National Petroleum Corporation (NNPC) Group Managing Director, Maikanti Baru, has continued his series of rebuttal against his accuser, the Minister of State for Petroleum, Ibe Kachikwu, over an alleged $26bn contract scam. Adding to his statement yesterday that he was “not mandated to discuss contracts... Read More

ambode, Baru, Kachikwu, lagos state, nnpc, The Big 5, Tinubu, Yemi Osinbajo

The YNaija Tracklist: No process was breached, no money has been lost | Baru insists | North should produce next President if Buhari does not contest in 2019 – Kalu | More stories

From the papers this morning – a tracklist. No process was breached, no money has been lost | Baru insists – YNaija You brought stability to the NNPC | PENGASSAN, NUPENG declare support for Baru – YNaija Agbakoba sues FG over ‘neglect’ of S’East in NNPC board appointments – YNaija Nigeria will end if I... Read More

Featured

Ibe Kachikwu, Maikanti Baru, nnpc, Orji Uzor Kalu, The YNaija Tracklist

Reuben Abati: Kachikwu, Baru and the NNPC debacle

by Reuben Abati The current NNPC debacle is probably the most embarrassing, even if mercifully, eye-opening crisis in the history of that nationally strategic institution since its creation in 1977. I seek in the following commentary to offer a number of observations that would probably throw some light on the muck and confusion running... Read More

Opinion

26 Billion contract scandal, Baru, Buhari, Kachi, nnpc, reuben abati

You brought stability to the NNPC | PENGASSAN, NUPENG declare support for Baru

Oil and gas sector unions on Monday said they were in support of the transformation brought by the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru. The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) said this in... Read More

contract fraud, Ibe Kachikwu, Maikanti Baru, nnpc, NUPENG, PENGASSAN, support

The Late 5: Baru challenges Kachikwu’s petition, Aisha Buhari laments over State House Clinic, and other top stories

Good evening. Here are the top 5 stories that drove conversation today: Let’s start with the drama in the Nigerian National Petroleum Corporation (NNPC) ignited by the Minister of State for Petroleum Resources, Dr Ibe Kachikwu, last week when his petition against his colleague, the Group Managing Director of the Nigerian National Petroleum Corporation, Maikanti... Read More

Aisha buhari, evans, Ibe Kachikwu, Maikanti Baru, Muhammadu Buhari, Nnamdi Kanu, nnpc, The Late 5

I am not mandated to discuss contracts with you | Baru replies Kachikwu

The Group Managing Director of the Nigerian National Petroleum Corporation, Maikanti Baru on Monday responded to the allegations made against him by Minister of State for Petroleum Resources in a memo to President Muhammadu Buhari. Background: Kachikwu had written a memo to President Buhari, alleging that Baru was involved in a $25 billion contract scam.... Read More

Ibe Kachikwu, Maikanti Baru, mandate, nnpc, petition, reply

‘NNPC to reply Kachikwu’s contract scam allegations’

The Nigerian National Petroleum Corporation (NNPC) will on Monday respond the allegations levelled against its Group Managing Director Maikanti Baru by the Minister of State, Petroleum Resources, Ibe Kachikwu, Daily Trust reports. According to Daily Trust, a senior NNPC official said the corporation has gotten the permission to respond to the allegations. Kachikwu in his letter to... Read More

allegations, contract scam, Ibe Kachikwu, nnpc, reply

The YNaija Tracklist: Fans were injured but nobody died during Nigeria-Zambia clash – NFF | How Evans plotted to escape | More stories

From the papers this morning – a tracklist. Why Buhari must suspend Kachikwu, Baru immediately – Senate panel chairman – YNaija Abia AG donates mattresses to prisons overcrowded by IPOB members – YNaija ‘Nigerian lawmakers earn more than their Ghanaian counterparts, Trump’ – YNaija Why have you refused to act on report on Babachir, Ikoyi... Read More

Featured

Ibe Jachikeu, IPOB, mattresses, nff, Nigeria-Zambia, nnpc, President Muhammadu Buhari, The YNaija Tracklist

October 7, 2017

I have never seen this kind of scandal | Gov Wike reacts to the $26bn NNPC fraud

The Governor of Rivers, Nyesom Wike, has accused the ruling All Progressives Congress (APC) of increasing the degree of corruption – saying its the worst since independence. Wike said the mind-blogging $26 billion monumental corruption unveiled in the leaked memo of the Minister of State for Petroleum, Dr. Ibe Kachikwu, had brought to the fore... Read More

corruption, Ibe Kachikwu, nnpc, Nyesom Wike

October 6, 2017

Ibe Kachikwu, Maikanti Baru, nnpc, President Muhammadu Buhari

[The Activism Blog] Kachikwu’s petition: SERAP asks Buhari to suspend Baru

The Social Economic Rights and Accountability Project (SERAP) has asked President Muhammadu Buhari to suspend the NNPC Managing Director Maikanti Baru. In a statement on Thursday, October 5, 2017, the SERAP Executive Director, Adetokunbo Mumuni stated that, “SERAP is concerned that years of systemic corruption within the NNPC and looting of Nigeria’s natural resources have... Read More

Counter Culture Blog

October 6, 2017

No comment | Kachikwu says after meeting Buhari

Minister of State for Petroleum Resources, Ibe Kachikwu refused to speak with the media after his interview with President Muhammadu Buhari. What happened: Kachikwu had written to President Buhari, claiming that the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) was sidelining him. He also accused Baru of corrupt practices and insubordination. He... Read More

Ibe Kachikwu, nnpc, No comment, President Muhammadu Buhari

October 6, 2017

President Buhari meets with Ibe Kachikwu

President Muhammadu Buhari and the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, are currently meeting behind closed doors at the Presidential Villa, Abuja. The meeting is a consequence of the personal letter from Kachikwu to the President, that was “leaked” to the public. Kachikiw, in the letter, had complained of the conduct of... Read More