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Nigeria: Vice President Osinbajo Admits to Approving Oil Contracts

Picture: this present day

President Muhammadu Buhari and Deputy President Yemi Osinbajo in London (file Photograph).

vp Yemi Osinbajo has taken responsibility for granting authorisation to the NNPC for two oil contracts price N640 billion.

A observation By Means Of presidential spokesperson, Laolu Akande, mentioned Mr. Osinbajo authorized the contracts in his capability as performing president in July.

“According To media inquiries on NNPC three way partnership financing, VP Osinbajo, as Ag President authorized recommendations after due diligence,” Mr. Akande mentioned.

The admission comes a day after TOP RATE OCCASIONS amplified a curious a part of the NNPC response to the Minister of State for Petroleum, Ibe Kachikwu’s allegations on Monday.

The NNPC had said in the response that two presidential approvals were granted to the NNPC for contracts with Shell Nigeria and Chevron at the charge of $1 billion and $780 million respectively.

However when PREMIUM TIMES reached NNPC and the presidency for clarification on Tuesday, they may neither ascertain now not deny on the time.

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