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Vice President Yemi Osinbajo has taken responsibility for granting authorisation to the NNPC for two oil contracts worth N640 billion.
A statement by presidential spokesperson, Laolu Akande, said Mr. Osinbajo approved the contracts in his capacity as acting president in July. “In response to media inquiries on NNPC joint venture financing, VP Osinbajo, as Ag President approved recommendations after due diligence,” Mr. Akande said. The admission comes as the controversy following the leak of the letter from Kachikwu to the President, alleging violation of due process by the Group Managing Director, GMD, NNPC in the award of the $25 billion contract.
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