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Ibe Kachikwu’s House In Abuja Is On Fire

The private residence of Ibe Kachikwu, minster of state for petroleum resources, caught fire on Sunday evening, TheCable understands. The house is located in Asokoro, Abuja. The fire started in his bedroom as a result of a suspected electrical fault to the air conditioners, sources in the know said. “Kachikwu was not at

$26bn oil war: Osinbajo disowns Baru on jumbo contracts

Denies approving the multi-billion contracts Only signed financing arrangements  Jude Johnson    The Vice President has denied ever approving any of the Nigerian National Petroleum Corporation (NNPC) controversial contracts worth up to $26 billion, while in the Acting President capacity. This is coming against the backdrop of revelation by the Group Managing Director

Kachikwu vs. Baru: Let’s examine that NNPC Act

By K. A. Familoni, PhD     An Act to dissolve the Nigerian National Oil Corporation and to establish the Nigerian National Petroleum Corporation empowered to engage in all commercial activities relating to the Petroleum industry and to enforce all regulatory measures relating to the general control of the Petroleum sector through its

$26bn oil war: Baru bombs ‘lame-duck’ Kachikwu on jumbo contract claims

Dismisses Minister’s allegations as unfounded Jude Johnson  The General Managing Director (GMD) of Nigerian National Petroleum Corporation (NNPC), Mr. Maikanti Baru, has responded to the recent letter written by the Minister of State for Petroleum, Dr Ibe Kachikwu, to President Muhammadu Buhari, accusing him of insubordination and nepotism with regards to

Due Process: Between Security Votes and Oil Contracts

By Yushau A. Shuaib Successive administrations in Nigeria, including the current one claim to promote transparency and accountability by following due process in financial dealings and public procurements. Nevertheless, governments at all levels avoid strict compliance with standard norms and regulations when actions are taken for both economic and political exigencies. The

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