Tag: Contracts

Edgar Reacts to NDDC Probe: Pondei, others collecting 30% before contractors are paid

Eben Tanimola

The Interim Management Committee (IMC) of the Niger Delta Development Commission (NDDC) says its attention has been drawn to the above subject of a newspaper report credited to the Senate Ad-Hoc Committee which recently investigated the alleged financial malfeasance in NDDC. The Ad-hoc Committee which had Senator Olubunmi Adetunmbi, All Progressives Congress, APC, Ekiti North […]

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Osinbajo admits approving NNPC contracts

Ayo Olowo

Vice-President Yemi Osinbajo has admitted he approved contracts of the Nigeria National Petroleum Corporation (NNPC) when President Muhammadu Buhari was on medical vacation in the UK. Ibe Kachikwu, minister of state for petroleum resources, had accused Maikanti Baru, group managing director (GMD) of the NNPC, of awarding contracts worth $25 billion without due process. In […]

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