I Approved N640 Billion Oil Contracts For NNPC, Not Buhari Says Osibanjo

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

An online Newspaper had yesterday stated 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.

But 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.

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