President Muhammadu Buhari, has broken his silence on the controversy between the Minister of State for Petroleum Resources, Ibe Kachikwu, and the Group Managing Director, GMD, of the Nigeria National Petroleum Corporation, NNPC, Baru Maikanti.
Buhari, specifically ordered that the “public bickering between the two public servants must stop.”
According to a Vanguard report, Buhari spoke about compelling need “to tackle issues, such as attacks on oil and gas facilities, funding of new projects and rehabilitation of refineries, as well as the implementation of Nigeria’s new petroleum policy, in order to guarantee the long-term survival of the nation’s oil and gas industry.”
Vanguard further reports that in the policy, there was the articulation for “a vision for the petroleum industry, and set policy goals, strategies, and an implementation plan for the introduction of an appropriate institutional, legal, regulatory, and commercial framework, to resolve the barriers currently affecting investment in the sector.
“It is intended that this policy will be reviewed and updated periodically, to ensure consistency in Government policy objectives at all times. Once issued and gazetted, any policy position set out herein will bind Government officials, unless and until amended or replaced by a formal restatement of policy duly gazetted by the Government.”
Recall, that Kachikwu had alleged that the NNPC Boss, Baru, had repeatedly sidelined and disrespected the Board of the National Oil Firm, which is chaired by the Minister of State.
The Minister, in a leaked letter, had informed Buhari that against the rules, some over $25 billion contracts were never reviewed or discussed with him or the board of the NNPC.
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