Vice President Yemi Osinbajo has said the N640bn oils contracts award by the Nigerian National Petroleum Corporation (NNPC) was approved by him and not President Buhari as reported.


A statement by presidential spokesperson, Laolu Akande, said Mr. Osinbajo approved the contracts in his capacity as acting president in July.

An online Newspaper had reported that the President approved the contracts from his sick bed in London, a claim it said it amplified from the response of the NNPC to the allegations contained in the leaked memo of the Minister of State for Petroleum, Ibe Kachikwu.


“In response to media inquiries on NNPC joint venture financing, VP Osinbajo, as Ag President approved recommendations after due diligence,” Mr. Akande said.

Source: Abusiqui