- Sources within the NNPC disclosed why the NNPC boss ignored Nigeria's minister of state for petroleum resources, Ibe Kachikwu
- The sources stated that the NNPC boss ignored Kachikwu because the Act establishing the NNPC does not recognise the minister of state for petroleum resources
- Nigeria's President Muhammadu Buhari serves as the minister of petroleum resources while Kachikwu is the minister of state for petroleum resources
A source who is close to Maikanti Baru, the group managing director of the Nigerian National Petroleum Corporation (NNPC), has said the reason why the NNPC boss ignored the minister of state for petroleum resources, Ibe Kachikwu, in the running of the corporation is because the chairman of the corporation’s board is the minister of petroleum resources.
According to Sunday Punch, the Act establishing the NNPC stipulates that the chairman of the corporation’s board is the minister of petroleum resources and not the minister of state for petroleum resources.
However, President Muhammadu Buhari who is Nigeria’s minister of petroleum resources named Kachikwu the minister of state for petroleum resources and the chairman of the NNPC board.
The source also said that the NNPC boss did no wrong by reporting to President Buhari issues of the oil firm, as he was only obeying the Act.
Speaking on condition of anonymity, a source who is highly-placed in the corporation said: “The NNPC Act does not recognise a minister of state. The act is explicit that the petroleum minister is the chairman of the NNPC board.”
When asked if Buhari was not aware of the NNPC Act before announcing a chairman for the corporation’s board, the source said: “These were some of the issues raised at the meetings the President is holding."
The group general manager, Group Public Affairs Division, NNPC, Ndu Ughamadu, said he was not in the right position to know or speak on matters discussed at the firm’s board meetings when contacted for an official comment on the allegations levelled against the GMD.
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In a previous report by NAIJ.com, a militant group in the Niger Delta region, Adaka Boro Avengers (ABA), gave the group managing director of the NNPC, Maikanti Baru, a 14-day ultimatum to apologise for disrespecting Kachikwu and also, appointing only northerners into the oil firm.
The group warned that at the expiry of the ultimatum, it would launch attacks on Bonny, Nembe and Forcasdos trunk lines, The Sun reports.
STREET GIST: Name a Nigerian politician who is not corrupt - on NAIJ.com TV.