FRESH troubles appear to be looming for the Group Managing Director of Nigerian National Petroleum Corporation, NNPC, Mr. Maikanti Baru, as the Senate has begun a probe into alleged revocation of OML 13 and re-award to Nigerian Petroleum Development Company, a subsidiary of NNPC, through executive fiat.
The Senate is also summoning Managing Director of Shell Petroleum Development Company of Nigeria Limited, SPDC, over its involvement in the revocation of the OML 13 and its re-award without going the statutory licensing bid rounds.
According to the Senate, it has become imperative to carry out a holistic investigation into the revocation as Nigeria cannot afford another Malabu OPL 245 scandal as the country struggles to navigate away from recession.
Comments
Post a Comment