Alleged NNPC scam: Buhari, Keeps Mum After Close Door Meeting

Mr. Richards

So far, neither Baru or the NNPC has reacted to the allegations by Kachikwu, even as several groups and individuals have called on Buhari to suspend Baru, and ensure that the activities of the corporation are probed.

The closed door meeting which lasted about 1hour and 20minutes, came on the heel of his allegations of insubordination and humiliation against Maikanti Baru, Group Managing Director of the Nigerian National Petroleum Corporation (NNPC).

Others are Chukwuka Utazi, Rose Oko, Baba Garba and Kabir Marafa.

It's unclear if Dr Baru will also be present at the meeting.

Mr. Anyanwu noted that the company was incorporated in 1989 in Panama and therefore, does not pay tax in Nigeria.

The meeting with Mr. Buhari is coming three days after a memo from the minister to the president leaked.

An NNPC spokesman has said the state oil company is awaiting written confirmation of the motion from the Senate before making any comment.

"The Senate is aware that Duke Oil remains the sole importer of AGO to PPMC and Retail, which it does through third party since it can not import by itself, this contributes in slowing the growth of our indigenous companies that are making giant strides in the sector".

The minister had said Baru circumvented extant procurement regulations in awarding a series of contracts up to $25 billion, or N9 trillion at prevailing exchange rate of N360 to a dollar, warning of grave consequences the decisions could cause if allowed to stand.

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