• Contact Us
  • About Us
Friday, October 30, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home News

CSJ wants NNPC boss investigated

metro by metro
October 5, 2017
in News
0
0
SHARES
0
VIEWS
Maikanti Baru
Maikanti Baru

Centre for Social Justice (CSJ) has called for immediate investigation of the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Dr Maikanti Baru over the alleged $25 billion dollar contract.

The Lead Director of the center Mr Eze Onyekpere disclosed this in a statement, issued in Abuja, on Wednesday.

Read Also

Trump Cancels Weekend Rallies, Plans To Phone In To Other Midterm Campaign Events

Umrah: Tinubu arrives in Saudi Arabia

INEC ‘Finally’ Clears Pantami, Gwarzo For 2027 Elections, Rejects Adebutu’s Petition

He said that the centre noted with regret the recent allegations by the Hon. Minister of State for Petroleum, Dr. Ibe Kachikwu on the way and manner Baru, had been running the affairs of the Corporation.

“We recall that officers of the previous federal administration who managed the oil sector are facing investigations and trials for offences related to the stealing of Nigeria’s resources.

“Key allegations as revealed by Dr. Ibe Kachikwu include the award of $10billion crude term contracts; $5billion direct sales direct purchase contracts; $3billion AKK pipeline contract; financing allocation funding contracts worth $3billion and NPDC production service contract of $4billion.

“ In all, these contracts worth $25billion were awarded in breach of legal and procurement requirements and the NNPC Board was never involved.

“Again, key management positions were filled without the input of the NNPC Board,’’ he said

He added that If the legal and procedural requirement was that all contracts above $20m would need to be reviewed and approved by the board of NNPC and in over one year of Mr Baru’s tenure, no contract had been run through the board, then the procedure was fundamentally flawed.

He said that these allegations were weighty and if true, constitutes serious crimes and acts of economic sabotage against the Nigerian people and the economy.

“Coming at a time the administration is prosecuting a war against corruption and seeking to enforce due process in the management of national resources, it is imperative that these allegations are thoroughly investigated.

“ If a prima facie case is established, the offender(s) should be prosecuted and the full weight of the law brought to bear on them,’’ he said

He therefore, noted that President Muhammadu Buhari should rise to the occasion, in the national interest and ensure that the EFCC moved to investigate these weighty allegations.

He further suggested that the president should consider suspending the alleged official(s) from office to avoid tampering with evidence and sabotaging investigations.

In the past, many Nigerians have alleged that the federal administration remained silent when serious allegations were made against its key officials.

It is imperative that the extant allegation is not swept under the carpet. Otherwise, the morality of continued prosecution of persons accused of lesser economic and financial crimes will become a subject for serious questioning,’’ he said

Onyekpere said that Nigeria had only one set of laws and it should apply across board in accordance with the tenets of justice which demands equality before the law, equal protection of the law and treating like cases alike.

“We hope that law enforcement and investigation agencies would live up to the demands of their statutory and constitutional mandates.(NAN)

Tags: Maikanti Baru
Previous Post

No plan to invite Alison-Madueke to Nigeria for trial – FG

Next Post

Allow market forces determine prices of petroleum products–Ajimobi

Related Posts

Trump
News

Trump Cancels Weekend Rallies, Plans To Phone In To Other Midterm Campaign Events

October 30, 2026
Umrah: Tinubu arrives in Saudi Arabia
News

Umrah: Tinubu arrives in Saudi Arabia

October 30, 2026
110 Associations Apply For Registration As Political Parties In Nigeria
News

INEC ‘Finally’ Clears Pantami, Gwarzo For 2027 Elections, Rejects Adebutu’s Petition

October 30, 2026
Court Orders Uzodinma To Stop Paradibg Self As APC Candidate For Imo West Senatorial District
News

Court Orders Uzodinma To Stop Paradibg Self As APC Candidate For Imo West Senatorial District

October 29, 2026
Next Post

Allow market forces determine prices of petroleum products–Ajimobi

Senior US General Fired, Accused Of Leaking classified Information

Senior US General Fired, Accused Of Leaking classified Information

October 30, 2026
Trump

Trump Cancels Weekend Rallies, Plans To Phone In To Other Midterm Campaign Events

October 30, 2026
Ogoniland oil spill

Oil prices Settle Lower As Diplomacy Hopes Offset Mideast Supply Concerns

October 30, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version