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$25b deals row: Presidency, NNPC board call for ceasefire
Minister of State for Petroleum Resources Ibe Kachikwu and Nigerian National Petroleum Corporation (NNPC) boss Dr. Maikanti Baru have been advised to stop their bitter row over the award of $25b contracts – one week after it all began.
The Presidency and the NNPC Board ordered a ceasefire, The Nation learnt yesterday.
As the row grew, some observers thought the minister would throw in the towel. But Dr Kachikwu is believed to have ruled out resignation from the cabinet because of his “deep respect for President Muhammadu Buhari, who he insisted is a clean leader”.
Kachikwu, who was said to have gone to the Presidential Villa with a letter of resignation last Friday, has shelved the move in the “larger interest of the nation”.
As part of the peace deal, there are moves to urge the Senate to have a “second opinion” on its decision to look at the disputed contracts.
The Nation, October 13, 2017
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