The Senate on Wednesday set up a panel to investigate the Group Managing Director of the Nigeria National Petroleum Corporation (NNPC), 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.
It is understood that the panel will also investigate the policy introduced by the NNPC Trading Limited, a subsidiary of the corporation, among other issues.
In a petition to the president on August 30 but sighted by the public yesterday, Kachikwu had alleged that Baru was sidelining him and the NNPC board from important decisions affecting the corporation.
Kachikwu had also accused Baru of insubordination, claiming he awarded contracts without due process.
“The Board of NNPC which you appointed and, which has met every month since its inauguration and, which by the statutes of NNPC is meant to review these planned appointments and postings, was never briefed. Members of the Board learnt of these appointments from the pages of social media and the Press Release of NNPC,” the minister had said.
However, earlier today, the lawmakers of the upper chamber while considering a motion on ‘allegations of corruption against NNPC trading: time to conduct a holistic investigation’, resolved to probe the allegations after Kabir Marafa drew the attention of the lawmakers to them.
“Mr President, distinguished colleagues, the media has been awash with memo raised by the Minister of State for Petroleum, accusing the NNPC GMD, and it would be right for the upper chamber to wade in,” Marafa said.
Responding to this, Senate President, Dr. Abubakar Bukola Saraki constituted a committee to investigate activities of the NNPC and report back to the Senate.