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Nairaland Forum / Nairaland / General / Politics / Buhari's Chief Of Staff, Abba Kyari Received $13b Contract From Nnpc’s Baru (3745 Views)
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Buhari's Chief Of Staff, Abba Kyari Received $13b Contract From Nnpc’s Baru by okum1(m): 8:21pm On Oct 10, 2017 |
WE has received information indicating that Abba Kyari, the Chief of Staff to President Muhammadu Buhari, is a recipient of the $26 billion contract windfall in the Nigeria National Petroleum Commission [NNPC]. According to the source, companies linked to Abba Kyari were allegedly awarded $13 billion contracts by the NNPC Group Managing Director, Dr. Maikanti Kacalla Baru. One such company, Brentex Petroleum Services, with Abba Kyari's name on the company listing as owner, was awarded of $10 billion. It was also discovered that some other beneficiary companies were linked to Mamman Daura, the “powerful nephew” of the president who controls the presidency. Recall that in a leaked memo from Nigeria's Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu had revealed irregularities in the state- owned oil giant. Kachikwu had alleged that US$26 billion contract was awarded without board and Federal Executive Council [FEC] approval. He wrote to President Buhari to report on questionable practices by Dr Baru, including accusations of insubordination. "I have been unable to secure an appointment to see you despite very many attempts," Kachikwu wrote to Buhari, who is oil minister as well as president. The letter appeared to point to Kachikwu's deepening frustration. The letter states, among other things: “The legal and procedural requirements are that all contracts above $20m would need to be reviewed and approved by the Board of NNPC. “Mr. President over one year of Dr. Baru’s tenure, no contract has been run through the Board. “This is despite my diplomatic encouragement to Dr. Baru to do so to avoid wrongfully painting you as a President who does not allow Due Process to thrive NNPC. “Given the history of malpractices and the public perception of NNPC as having a history of non-transparency, the NNPC Tenders Board (NTB) cannot be the final clearance authority for contracts it enters into. “The NTB which is a collection of top level NNPC executives and COOs, with the GMD as Chairman, cannot continue to be the final approval authority for multi- million dollar contracts and transactions involving NNPC to the exclusion of the Board. “Board members have singularly and collectively raised these issues to no avail. “The following major contracts were never reviewed by or discussed with me Board of NNPC: 1. The Crude Term contracts- value at over $10bn 2. The DSDP contracts- value over $5bn 3. The AKK pipeline contract- value approximately $3bn 4. Various financing allocation funding contracts with the NOCs – value over $3bn 5. Various NPDC production service contracts – value at over $3bn--$4bn “There are many more Your Excellency, in most of these activities, the explanation of the GMD is that you are the Minister of Petroleum and your approvals were obtained. “However, the correct governance should be that the Minister of the State and the Board review the transaction and give their concurrence prior to presentation to you. “As I many cases of things that happen in NNPC these days. I learn of transactions only through publications in the media. “The question is why is it that the Parastatals which I supervise as Minister of State or Chair of their Board are able to go through these contractual and mandatory governances processed and yet NNPC is exempt from these?” So far, no visible action has been taken after Buhari finally granted Kachikwu audience on Friday, October 6, in the Presidential Villa, Abuja. NNPC's chairperson, Baru, whose governance of the oil giant is clearly in the memo's firing line, remains in office. Awarding contract without due process in Nigeria parlance is a euphemism for saying that the money was embezzled via fictitious contract awards Having looked into the presidency of Buhari, it seems that the BaruGATE heist is a tip of the iceberg. This government allowed many agencies to run without boards for over two years and one can imagine what took place inside the belly of those institutions. President Buhari has severally been accused of selective justice and intentional neglect of corruption allegations by his officials, one of such being the “grass- cutter” allegation against the former Secretary to the Federal Government [SGF], David Babachir Lawal. www.omovibes.co.uk/2017/10/shocker-buharis-chief-of-staff-abba.html?utm_source=&utm_medium=facebook&m=1 |
Re: Buhari's Chief Of Staff, Abba Kyari Received $13b Contract From Nnpc’s Baru by SalamRushdie: 8:22pm On Oct 10, 2017 |
Sarrki 1 Like |
Re: Buhari's Chief Of Staff, Abba Kyari Received $13b Contract From Nnpc’s Baru by madridguy(m): 8:25pm On Oct 10, 2017 |
Re: Buhari's Chief Of Staff, Abba Kyari Received $13b Contract From Nnpc’s Baru by Isokowadoo: 8:26pm On Oct 10, 2017 |
Goodness God !! This is Prosposterous 1 Like |
Re: Buhari's Chief Of Staff, Abba Kyari Received $13b Contract From Nnpc’s Baru by aolawale025: 8:27pm On Oct 10, 2017 |
That's why he's on the NNPC board. 2 Likes 1 Share |
Re: Buhari's Chief Of Staff, Abba Kyari Received $13b Contract From Nnpc’s Baru by clefstone(m): 8:27pm On Oct 10, 2017 |
I don't trust the source of this story but make we dey watch and see 3 Likes 1 Share |
Re: Buhari's Chief Of Staff, Abba Kyari Received $13b Contract From Nnpc’s Baru by Isokowadoo: 8:30pm On Oct 10, 2017 |
Gay Madrid don't peep say Somtn Tieves 2 Likes |
Re: Buhari's Chief Of Staff, Abba Kyari Received $13b Contract From Nnpc’s Baru by Homeboiy: 8:33pm On Oct 10, 2017 |
Oh Thank u sister faith for the free WiFi u have been leaving on since u bought ur infinix hot 4 I wouldn't have been able to see this great news about our corruption fighter if nor for ur free WiFi As for buhari n co Only Nigerians will judge u by 2019 |
Re: Buhari's Chief Of Staff, Abba Kyari Received $13b Contract From Nnpc’s Baru by Nobody: 8:42pm On Oct 10, 2017 |
clefstone:We need a more reliable source,but I can bet majority of the people awarded the contracts are close associates of Buhari who don't have the necessary expertise to carry out the contracts. |
Re: Buhari's Chief Of Staff, Abba Kyari Received $13b Contract From Nnpc’s Baru by LUGBE: 8:55pm On Oct 10, 2017 |
We are not surprised to hear this, more revelations ahead, smelling thieves 2 Likes |
Re: Buhari's Chief Of Staff, Abba Kyari Received $13b Contract From Nnpc’s Baru by ourema(f): 8:58pm On Oct 10, 2017 |
clefstone:In addition the English language is so appalling. God help us |
Re: Buhari's Chief Of Staff, Abba Kyari Received $13b Contract From Nnpc’s Baru by Dedetwo(m): 9:06pm On Oct 10, 2017 |
At this rate of embezzlement, APC will be the worst political party ever to have ruled Nigeria. The APC and its jackass leaders have not even being in power for three years yet the marker of political criminality is all over landmark of Nigeria. At least, PDP ruled up to 16 years or less. 2 Likes 1 Share |
Re: Buhari's Chief Of Staff, Abba Kyari Received $13b Contract From Nnpc’s Baru by sarrki(m): 9:59pm On Oct 10, 2017 |
SalamRushdie: In as much I don't trust the source I have not hidden my displeasure about Abba kyari 2 Likes 1 Share |
Re: Buhari's Chief Of Staff, Abba Kyari Received $13b Contract From Nnpc’s Baru by NASTYNASOSO: 10:17pm On Oct 10, 2017 |
HMMMMMMM YOU CANT MISLEAD US WITH YOUR GROSSLY COOKED UP VENDETTA OF HATE 1.The Crude Term contracts HAVE NO MONETARY VALUE ATTACHED TO THEM AND ALL THE PROCEEDS OF THE LIFTING JUST GOES TO THE FEDERATION ACCOUNT. 2.The AKK pipeline contract HAS BEEN ONGOING FOR A LONG TIME AND THE CLIENTS ARE THE ONES TO BEING THE FUNDS. 3.Various financing allocation funding contracts with the NOCs WHO TOLD YOU THAT THE IOCs GET FUNDING FROM NNPC THE IOCs FUND THEIR PROJECTS AND GET REIMBURSED SUPERVISED BY NNPC TO OPTIMISE JV AGREEMENTS 4.Various NPDC production service contracts WHO TOLD YOU THIS ? I AM OFF THIS THREAD IS NOT WORTHY OF MY COMMENTS IT IS MEANT TO CONFUSE PEOPLE THAT HAVE NO IDEA OF HOW THE OIL AND GAS INSTITUTION OPERATES IN NIGERIA 5 Likes 1 Share |
Re: Buhari's Chief Of Staff, Abba Kyari Received $13b Contract From Nnpc’s Baru by Nobody: 4:39am On Oct 11, 2017 |
NASTYNASOSO: As much as I don't trust this source and by extension the story, this stories alleged to be Baru's reaction part of which you have re-echoed here is a lot of crap. So you mean people take up contracts without any financial gains? Are they Santa Claus? Nothing sounds more stuppidd than "ALL THE PROCEEDS OF THE LIFTING JUST GOES TO THE FEDERATION ACCOUNT". Where does the cost of liftinG ccome from? Won't staff b paid? Won't equipment be used? I just go on and on 1 Like |
Re: Buhari's Chief Of Staff, Abba Kyari Received $13b Contract From Nnpc’s Baru by unnamebo: 6:36am On Oct 11, 2017 |
check my picture for more
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Re: Buhari's Chief Of Staff, Abba Kyari Received $13b Contract From Nnpc’s Baru by emperorAY(m): 6:51am On Oct 11, 2017 |
D level of corruption perpetrated by dis govt is one of a kind |
Re: Buhari's Chief Of Staff, Abba Kyari Received $13b Contract From Nnpc’s Baru by philchudi: 6:53am On Oct 11, 2017 |
Nigeria is in deep trouble |
Re: Buhari's Chief Of Staff, Abba Kyari Received $13b Contract From Nnpc’s Baru by NASTYNASOSO: 6:54am On Oct 11, 2017 |
faceURfront:HMMMNN INSTEAD OF YOU TO SEEK KNOWLEDGE THAT YOU LACK YOU ARE HERE RANTING. YOU THINK YOUR CONFUSION AND SUB STANDARD EDUCATION IS ENOUGH FOR YOU TO THROW COMMENTS ON WHAT YOU HAVE NO IDEA OF. YOU ARE A NOBODY IN THE OIL AND GAS TERRAIN, AS SUCH YOU DONT DESERVE MY TIME FOR ARGUMENTS. |
Re: Buhari's Chief Of Staff, Abba Kyari Received $13b Contract From Nnpc’s Baru by Nobody: 7:20am On Oct 11, 2017 |
NASTYNASOSO:
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Re: Buhari's Chief Of Staff, Abba Kyari Received $13b Contract From Nnpc’s Baru by Nobody: 7:27am On Oct 11, 2017 |
NASTYNASOSO: Rather than dispute what he just asserted, you went into default.. |
Re: Buhari's Chief Of Staff, Abba Kyari Received $13b Contract From Nnpc’s Baru by obailala(m): 8:03am On Oct 11, 2017 |
NASTYNASOSO:You know you could have simply just answered his question without resorting to insults?... It was a valid question, how can a company execute a job and not take any profits? |
Re: Buhari's Chief Of Staff, Abba Kyari Received $13b Contract From Nnpc’s Baru by Ideyontop: 8:43am On Oct 11, 2017 |
I just recently taya for this administration. What have we done to ourselves? |
Re: Buhari's Chief Of Staff, Abba Kyari Received $13b Contract From Nnpc’s Baru by magoo10(m): 8:45am On Oct 11, 2017 |
this is monumental corruption at its peak After getting away with Babachir lawal 'the grass cutter' they still went on giving contracts to government officials which is clearly against the ethics of government. Buhari and his bunch of looters have no integrity after all. Zombies should come and defend this More revelations loading...... |
Re: Buhari's Chief Of Staff, Abba Kyari Received $13b Contract From Nnpc’s Baru by TheKabal: 8:47am On Oct 11, 2017 |
Ideyontop: I call people like you 'government hold my destiny'. |
Re: Buhari's Chief Of Staff, Abba Kyari Received $13b Contract From Nnpc’s Baru by Ideyontop: 8:52am On Oct 11, 2017 |
TheKabal: I bind you in Jesus name!!!! Na your destiny government hold no be my own. |
Re: Buhari's Chief Of Staff, Abba Kyari Received $13b Contract From Nnpc’s Baru by sinistermind(m): 8:54am On Oct 11, 2017 |
We want a more reliable source.... But TBH, i am not surprised |
Re: Buhari's Chief Of Staff, Abba Kyari Received $13b Contract From Nnpc’s Baru by Nbote(m): 10:24am On Oct 11, 2017 |
Despite d source not been credible enough, I won't b surprised if its true considering how nepotistic dis govt has been so far. Little wonder d Minister of state was bypassed simply becos D minister himself (PMB) is d chief Orchestra of d govt Opera of corruption |
Re: Buhari's Chief Of Staff, Abba Kyari Received $13b Contract From Nnpc’s Baru by codedguy1(m): 11:41am On Oct 11, 2017 |
The tendency to believe all these stories emanating from this govt is high because of the nepotistic, tribalistic and bigotry that oozes out of this govt. If jubrin loses the next election I hope the cabal will allow him concede. |
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