The Red Chamber has decided to probe the NNPC boss over the alleged usurpation of the duties of Minister of State for Petroleum, Ibe Kachikwu.
Ibe Kachikwu
The Senate has set up a panel to probe the Group Managing Director of the Nigeria National Petroleum Corporation, Dr. Maikanti Baru, over allegations made against him in a petition to President Muhammadu Buhari by the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu.
The panel will also investigate the policy introduced by the NNPC Trading Limited, a subsidiary of the corporation, among other issues.
A crisis of confidence has broken out between Minister of State for Petroleum Resources Dr. Emmanuel Ibe Kachikwu and Nigerian National Petroleum Corporation (NNPC) Group Managing Director (GMD) Dr. Maikanti Baru.
The minister has accused the GMD of awarding $25billion contracts without consulting either his office or the corporation’s board.
He blamed the GMD for alleged insubordination, lack of adherence to due process and running a “bravado management style”.
Kachikwu said he was being sidelined by the GMD and other heads of parastatals in major decisions and appointments.
He urged President Muhammadu Buhari to call the GMD to order to ensure due process and transparency in the oil sector.