Newspaper review: NNPC's probe likely as Buhari meets Kachikwu

Newspaper review: NNPC's probe likely as Buhari meets Kachikwu

The headlines of mainstream Nigerian newspapers for Thursday, October 5, are focused on the allegation of $25 billion fraud leveled against Nigerian National Petroleum Cooperation (NNPC) by minister of state for petroleum, Ibe Kachikwu.

The Nation reports that the president will today meet minister of state for petroleum resources, Dr Emmanuel Ibe Kachikwu.

The minister has alleged that $25 billion contracts have been wrongly awarded by Nigerian National Petroleum Corporation (NNPC) Group Managing Director Dr Maikanti Baru.

Kachikwu wrote President Muhammadu Buhari on the “bravado management style” employed by Baru as a result of which he has sidelined the minister and the board of the NNPC on matters they should take decisions on.

The Nation Newspaper

The Nation Newspaper

Vanguard reports that the the Senate has launched a probe into the finances, activities and recent controversial appointments in the corporation.

Dr Kachikwu, in a leaked petition to President Muhammadu Buhari, accused Baru of insubordination, abuse of due process and carrying out reorganisation and appointments without his input as supervising minister and chairman of the NNPC Board.

The Senate, yesterday, raised a nine-man committee to investigate Kachikwu’s call for the cancellation of recent appointments in the NNPC as well as investigation of the finances and activities of the NNPC.

Vanguard Newspaper

Vanguard Newspaper

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The Punch reports that while reacting to the development, a prominent lawyer and anti-graft organisations asked Buhari to act fast and investigate the allegations against Baru.

Those who commented on the allegations included the executive director, the Socio-Economic Rights and Accountability Project, Adetokunbo Mumuni; Mr Yusuf Ali, SAN; and the Campaign for Democracy.

Ali and the CD asked the President to take “decisive action to address the indiscipline and high-handedness” portrayed in the rift between the NNPC boss and the minister.

The Punch Newspaper

The Punch Newspaper

This Day reports that the Attorney General of the Federation (AGF) and Minister of Justice Malam Abubakar Malami, Wednesday, October 4, said the demand by the embattled former minister of petroleum resources, Diezani Alison-Madueke, that the federal government should extradite her to Nigeria to face corruption charges was needless.

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Responding to questions from some State House correspondents in the Hausa language after the Federal Executive Council (FEC) meeting, Malami said the former minister lacked the power to demand her invitation to Nigeria, especially at a time she’s being investigated by the government of the United Kingdom where she currently resides.

ThisDay Newspaper

ThisDay Newspaper

According to Malami, the federal government would only bring Alison-Madueke to Nigeria if it felt strongly about it, insisting that nothing demands her extradition right now.

The National Petroleum Investment Management Services (NAPIMS), an arm of the NNPC, has directed operators in the petroleum industry to contribute to the Internally Displaced Persons (IDP) Intervention Fund for the people of the North East.

A letter to the operators, exclusively obtained by The Guardian shows that contributions will be made to a proposed “Dedicated Account,” while specific areas of infrastructure development interventions were spelt out, which should be “treated as urgent.”

The Guardian Newspaper

The Guardian Newspaper

However, as urgent as it is meant to be, the NNPC and some of the operators were reluctant to speak on specific issues raised in an enquiry sent to them.

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Source: Naij.com

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