Senate session on Kachikwu/Baru face-off: Again, another one bites the dust

THE Nigerian National Petroleum Corporation, NNPC, Group Managing Director, GMD, Mr. Maikanti Baru, is in the eye of the storm. This may probably not be the best of times for the Jama’are, Bauchi-born oil manager.

But after meeting with President Muhammadu Buhari last Friday, it is expected that the icy tension generated by the leaked confidential memo written by his boss, Dr. Ibe Kachikwu, Minister of State for Petroleum Resources, would thaw.

Penultimate week, when Sunday Vanguard contacted the Senate, through its Chairman on Public Procurement, Senator Joshua Dariye, APC, Plateau Central, information made available suggested that it would carry out a holistic investigation into the proposed NNPC award of the Engineering, Procurement and Construction (EPC) contracts of Ajaokuta- Kaduna-Kano(AKK) Gas Pipeline, totalling $2.317 billion (N834.12 billion), to the highest bidders once it discovered that due process was breached.

Senator Dariye spoke when Sunday Vanguard sought the position of the Senate on the letter from the NNPC seeking the BPPs Certificate of No Objection to enable the corporation obtain the Federal Executive Council’s approval to award the EPC of Ajaokuta- Kaduna-Kano(AKK) Gas Pipeline contract to the three most competitive tenderers of the negotiated lump sum price as follows: Lol Ajaokuta TGS KP O – Abuja 200 length 200 km of a negotiated Lump sum of USD

727,250,000 and additional sum of USD 50,907,500 only for project Management and Engineering Consultancy Services and 2 years spare parts amounting to the total price of USD778,157,500 to cover the payment for Customs Duty, factory Acceptance Test and Training of Operation and main-tenance staff, Engineers Expenses and contingency for unforeseen works. (Lot2: Abuja TGS KP200- Kaduna KP 393, total length 193 km of a negotiated Lump Sum price of USD 710,150,000.00 and additional sum of USD 49,710,500.”

Vanguard, October 8, 2017

 

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