lai-mohammed
HighlightOil & GasTrending Story

Minister denies rift between Baru, Kachikwu, says there is no $25b fraud

832

Minister of Information and Culture, Alhaji Lai Mohammed, says recent media reports of a rift between  Minister of State Petroleum, Dr Ibe Kachikwu and the NNPC GMB, Maikanti Baru, are mischievous.

“To the best of my knowledge, Kachikwu made his point and Baru also did same. But the point is that over time, we have seen Baru and Kachikwu working together, he said in an interview published by Vanguard Newspapers.

“However, the position of government is that you can’t start talking of fraud. There is nothing like $25 billion fraud in the NNPC; not in the least.”

He said that reports making the rounds on the rift were meant to cause disaffection between the two and to create tension in the sector.

“The opposition, notably the PDP felt that they have something to hold against this government. But I can assure you that it is not possible under this administration to have a $25 billion fraud. The entire economy will collapse.”

“There is no $25b fraud. Yes, there could have been lack of communication, understanding and procedure but  I think all that has been put behind us.”

He also said for the PDP to rule Nigeria again is like going back to Egypt.

How can Nigeria now go back to Egypt?

“I can confidently tell you that we are not even contemplating it.  It will be a tragedy for Nigeria to fall back into the hands of PDP.”

“They dropped us in hell and we are taking people out of hell.  It is not about APC or President Buhari. With the kind of revelation that is coming out, the kind of rot, you want those people to come back and preside over the affairs of Nigeria again?

Leave a comment

Related Articles

Bonga FPSO Shutdown for Maintenance, Nigeria’s Oil Output to be Affected

Shell Nigeria Exploration and Production Company (SNEPCo) has announced the shutdown of...

Traders Count Losses as Fresh Fire Ravages Kano’s Singa Market

Barely two months after a crippling fire outbreak, Singa Market in Kano...

Tragedy in Abuja: Rising Music Star Ifunanya Dies After Snake Bite

A bright light in Nigeria’s music scene has been extinguished. Ifunanya Nwangene,...

Ademola Lookman Set to Join Atlético Madrid in €40m Deal

Nigerian forward Ademola Lookman is poised to join Atlético Madrid in a...

Ogun Gov. Abiodun to Unveil State-Owned DisCo, New World Bank-Power Projects, Mini-grids

Ogun State is gearing up for a major power boost with the...

NNPCL Unveils Ambitious Gas Master Plan 2026 to Boost Economic Growth

Nigeria has taken a significant step towards harnessing its vast gas reserves...

Nigeria’s Gas Flaring Hits 203.9bn scf in 2025 – NUPRC

Despite achieving over 92% gas utilisation, Nigeria flared a staggering 203.9 billion...

Kano Secures ₦1trn Rail Project After Governor’s High-Profile Defection to APC

Barely 48 hours after joining the ruling All Progressives Congress (APC), Kano...

Emefiele’s Trial: Ex-CBN Director Admits to $2.5m ‘Gift’ Linked to $6.2m Election Logistics Fund

Bashirudeen Maishanu, a former Deputy Director of Banking Supervision at the Central...

“Selective Payouts”: Dozens of ‘Concerned’ Lawyers Demonstrate at Finance Ministry, Abuja

Lawyers representing the Concerned Lawyers for Probity and Justice protested at the...

Historic Milestone: Sarah Mullally Confirmed As First Female Archbishop of Canterbury

History was formally etched into the foundations of the Church of England...

17 Days to Go: Access Bank Lagos City Marathon Unveils Key Details

With the 2026 Access Bank Lagos City Marathon just 17 days away,...

FG to Recall Military Retirees to Secure High-Risk “Ungoverned Spaces”

The Federal Government has launched a strategic initiative to deploy military veterans...

Boardroom Titan, Business Mogul Otunba Adekunle Ojora Exits

Renowned Lagos patriarch Otunba Adekunle Ojora has died at 93. The Olori...

FCTA Strike: NLC Defies Court Order, Tells Workers to Continue Action

The Nigeria Labour Congress (NLC) has signaled its intent to continue industrial...

Alleged Coup: Military Can’t Try Treason Under Armed Forces Act – Frank Tietie

Abuja-based human rights lawyer Frank Tietie has cautioned that the Nigerian military...

Court Ruling: Return to Work or Face Consequences – FCT Minister Wike

Following a court-ordered end to the FCTA workers strike, Minister Nyesom Wike...

ECOWAS: Halting A Drift Towards Disintegration and Looming Civil War in Guinea-Bissau

by Paul Ejime More than 50 years after its formation, the Economic...

Total Blackout: National Grid Fails for Second Time in 96 Hours

For the second time in just four days, Nigeria’s national grid suffered...

Unions, CSOs to NAFDAC: Lift the Sachet Alcohol Ban or Face a Shutdown

Stakeholders in the food and beverage industry are escalating their opposition to...