The Vice President, Professor Yemi Osinbajo says he granted authorisation to two ventures from the NNPC while President Muhammadu Buhari was away on medical leave.
According to a statement by Senior Special Assistant to the Vice President on Media and Publicity, Laolu Akande, the Vice President told reporters that approached him Thursday after the ground-breaking multi-billion Naira historic Bonny-Bodo road project, in Bonny, Rivers State, that: "These were financing loans".
But in a series of tweets via his twitter handle, Akande said Osinbajo approved the contracts when he acted as President.
"The NPDC production service contracts have undergone due process, while the AKK contract that requires [Federal Executive Council] FEC approval has not reached the stage of contract award", it added.
"While the President was away, the law actually provides for those authorizations. Action necessary to deal with a huge backlog of unpaid cash calls which Buhari adm. inherited and also to incentivize much needed fresh investments in the oil & gas sector".
Paris to ban fossil-fuel cars by 2030 In September 2016, Paris authorities chose to close a 2.2- mile downtown road and transform it into a promenade. Now Paris announces that it is only going to allow electric cars as soon as 2030 ahead of France's 2040 goal.
The NNPC had stated in the response that two presidential approvals were granted to the NNPC for contracts with Shell Nigeria and Chevron at the rate of $1 billion and $780 million respectively.
Nigeria's state-owned oil firm on Monday denied awarding any contracts without following due process, dismissing as "baseless" claims by Petroleum Minister Ibe Kachikwu that the agency routinely flouts the law.
Kachikwu in the August 30 memo, said the NNPC boss Maikanti Baru awarded up to $25 billion in oil contracts under different guises without recourse to NNPC board or himself as its chairman.
In a previous report by NAIJ.com, Baru said President Buhari granted approvals for oil deals to the government oil firm during the time he was on his sick bed in London.
Fariñas pushed the motion to declare the impeachment complaint "insufficient in form" in the committee on justice last month. President Duterte himself has also threatened to have Ombudsman Conchita Carpio-Morales impeached.
Impala sales are off 32 percent through September, while Volt sales are down 6 percent and LaCrosse sales are off 21. This latest move comes after GM eliminated a full shift earlier this year, also eliminating 1,300 jobs.
Meiji Yasuda Asset Management Company Ltd bought 26,790 shares as the company's stock declined 6.49% while stock markets rallied. More notable recent Thermo Fisher Scientific Inc. 20,000 shares valued at $3.46M were sold by CASPER MARC N on Thursday, June 1.
Prime Minister Trudeau says he's ready for the end of NAFTA if no satisfactory deal can be achieved with the US. And he made his hatred of NAFTA a cornerstone of his campaign, calling it a "disaster" for America.
Engineers Gate Manager Lp expanded its ownership by buying 397,771 shares an increase of 214.6% in the quarter. (NASDAQ: GLUU ). Family Management Corp increased Facebook Inc (NASDAQ:FB) stake by 3,645 shares to 10,832 valued at $1.64M in 2017Q2.
Bkd Wealth Advisors Llc increased its stake in Wal ( WMT ) by 38.67% based on its latest 2017Q2 regulatory filing with the SEC. On Tuesday, May 30 WALTON S ROBSON sold $114.04 million worth of Wal-Mart Stores Inc (NYSE: WMT ) or 1.46 million shares.
In a brief but pointed statement , Sasse made direct reference to the wording of the President's oath of office. During the interview with Hannity Trump lit into the press. "They are really dishonest people.
Hopefully, all these rumours will come to fruition and we will get to see Rowdy Ronda bust some heads inside the squared circle. And if it is fight action you are after, check out the most controversial and banned finishing moves in WWE history .
Ensco plc ( ESV ) reported sales (ttm) of 1.98 Billion, whereas, 13 number of analysts estimated the mean sale of 469.95 million. The firms that experience furthermost inflow in institutional ownership exhibited better performance all through 12-month phase.
He looks to be succeeding where David Moyes and Van Gaal could not by making United a dominant force once again. The 26-year-old was also reportedly given a contract worth around £400,000-a-week to make the move.
Philadelphia is one of seven jurisdictions that were asked to certify their compliance with the law earlier this year. Chicago and Cook County have until October 27 to submit a response before the DOJ makes its final determination.
Josh Boone to adapt Stephen King's 'The Talisman'
The original plan was to adapt The Talisman into a television series but will now be developed into a film by Boone instead. Although he's now just set to pen the script, there is a possibility he could eventually come on as a director as well.
AWS, Microsoft launch deep learning library
Other deep learning tools make model-building easier, but this simplicity can come at the cost of slower training performance. Developers can use the Gluon interface to create neural networks on the fly, and to change their size and shape dynamically.
Chester Bennington's Carpool Karaoke Has Been Released
They also tackle Outkast's " Hey Ya ", Red Hot Chili Peppers' " Under the Bridge ", and Lynyrd Skynyrd's " Sweet Home Alabama ". The sold-out tribute concert will take place on October 27 at Hollywood Bowl in California.
Baby Delivered Via C-Section After Uterine Rupture
Women who have had fibroid-removal operations should wait for one to two years until they plan for a baby, said Dr Zhong. Uterine rupture is reported to only be seen in 1 in 1,416, or 0.07% of pregnancies, but it can be extremely unsafe .
DJI - Introducing the Zenmuse X7
The new Super 35mm sensor features 14-stops of dynamic range, with low-noise capabilities for low-light scenarios. To work with this system, DJI has also launched four new prime lenses in 16mm, 24mm, 35mm and 50mm focal lengths.
Well, It Looks Like Equifax Has Been Hacked Again
Abrams, who says he encountered the spyware three times on Wednesday, posted a video warning people what to look out for. Equifax has taken down a webpage that offered credit report assistance, a spokesperson told Gizmodo.
Befriend your Rotom Dex and…play…Roto Loto? in Pokemon USUM
Solgaleo and Lunala will receive the exclusive Z-Moves Searing Sunraze Smash and Menacing Moonraze Maelstrom, respectively. This is a Steel type Z-Move that can be used if you have a Solgaleo that knows Sunsteel Strike and is holding Solganium Z.
Meet the Racers of Need for Speed Payback
Flashy style, off-road racing, drifting are his specialties, he is motivated enough to push through hard and stressful times. The game was revealed at this year's E3 2017 conference and it is due out on November 10th for the PS4, Xbox One and PC.