Home Nigeria Osinbajo Denies Approving NNPC Contracts But Two Loans – NAIRA NAIJA NEWS

Osinbajo Denies Approving NNPC Contracts But Two Loans – NAIRA NAIJA NEWS

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FOLLOWING a series of tweets by his spokesman suggesting that he had indeed approved contentious contracts worth $25billion awarded by Dr Maikanti Baru, the Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Vice President Yemi Osinbajo has said he only gave authorization for the procurement of two financing loans and not contracts.

His Senior Special Assistant on Media and Publicity, Laolu Akande, had explained on his verified Twitter handle @akandeoj, on Thursday that the contracts were approved after due diligence by the Vice President when he acted as President recently.

He had said the Vice President approved the recommendations for the contracts as part of necessary actions to deal with the backlog of unpaid cash calls and incentivise…



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