Senate to investigate NNPC Group Managing Director


Nigeria's Upper House, the Senate have set up a panel to probe the Group Managing Director of the Nigeria National Petroleum Corporation, NNPC, Dr. Maikanti Baru.

This follows allegations made against Baru by the Minister of State for Petroleum Resources, Ibe Kachikwu, in a petition to President Muhammadu Buhari.

According to the Red Chamber, the panel among other things will also probe the policy introduced by the NNPC Trading Limited, a subsidiary of the corporation.

The Minister of State, Petroleum, Delta-born Ibe Kachikwu, has reported the Group Managing Director of the NNPC, Maikanti Baru, to President Muhammadu Buhari, urging him to take urgent actions on matters ranging from alleged illegal practices to insubordination.

“Parastatals in the ministry and all CEOs of these parastatals must be aligned with the policy drive of the ministry to allow the sector register the growth that has eluded it for many years” Mr. Kachikwu said.

“To do otherwise or to exempt any of the parastatals would be to emplace a stunted growth for the industry.”

Mr. Kachikwu said he wrote the August 30 letter to Mr. Buhari after concerted efforts to have a one-on-one appointment with the president at the State House fell through.

The letter, which emerged on the Internet Tuesday, was widely circulated on Twitter. It is not immediately clear how it made it to the public domain.

The minister said he suffered “disrespectful and humiliating conducts” from Mr. Baru.




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