You are here
Home > News > Oil war: Memo to Buhari is restore good governance, transparency-Kachikwu

Oil war: Memo to Buhari is restore good governance, transparency-Kachikwu

Social media sharing

  • Says it’s distressing that letter was leaked

Jude Johnson 




The Nigeria’s Minister of State for Petroleum Resources, Mr. Ibe Kachikwu, has said that the that aiming of the controversial memo to President Muhammadu Buhari is to restore good governance and transparency in the country’s oil sector.


The sector has been enmeshed in corruption scandals involving most past and present government officials.


But Kachikwu had in a statement on Wednesday by the Director of Press, Ministry of Petroleum, Mr. Idang Alibi, said it is distressing that the letter he wrote to Buhari was leaked. Buhari is the substantive Minister of Petroleum Resources.



In the letter, which was circulated on social media on Tuesday, the Minister had notified the president of the alleged insubordination of the Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Maikanti Baru.


He said he was being sidelined based on allegations that he is corrupt, anti-north and conspiring with militants.


Kachikwu also accused Baru of not consulting with the NNPC board.


The statement read: “The attention of the ministry of petroleum resources has been drawn to a publication on a memo emanating from the honourable minister of state for petroleum resources to the president,” the statement read.


“The communication under reference is a normal procedural correspondence by the minister to the president relating to developments in parastatals under his supervision.


“It is most distressing to the ministry of petroleum resources that a confidential communication to the President on the performance of one of its parastatals can be made public.


“The focus of the communication was on improving efficiency and deepening transparency in the oil and gas sector for continued investor confidence.


“It is noteworthy that the President has been fully supportive of the efforts of the Ministry to entrench good governance and accountability in the oil and gas sector.


“The ministry of petroleum resources remains focused on achieving measurable progress in the implementation of the ongoing oil sector reforms in line with the mandate of the president.”




Social media sharing

Leave a Reply