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Senate summons Kachikwu over NNPC unbundling

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The inanities of the eighth National Assembly

The Senate on Wednesday invited the minister of State for Petroleum Resources, Dr. Ibe Kachikwu, over the unbundling of the Nigerian National Petroleum Corporation (NNPC).

The minister is to appear at a joint session of the Senate Committees on Petroleum.

Chairman, Senate Committee on Petroleum (Upstream) Senator Tayo Alasoadura who endorsed the letter of invitation said that they were “shocked” and “in disbelief” over the announcement of unbundling the NNPC.

The letter which reads in part, said: “Shocked by the announcement in disbelief, three committees overseeing the industry wish to invite the Minister to appear before them to brief them of this critical decision in a meeting schedule for Thursday.”

Alasoadura said that the action was taken “without recourse to the Act establishing the NNPC  and approval by the Senate of Nigeria.”

Read also: Under pressure, Kachikwu says NNPC reorganised not unbundled

Senate leader, Senator Mohammed Ali Ndume also told reporters in Abuja that the announcement of the unbundling of the corporation has generated issues that the lawmakers are looking into.

The House of Representatives had also condemned the declaration by the minister describing it as an executive legislation and mandated its joint committee to prevent the Minister from usurping the powers of the legislature by attempting to unbundle the NNPC without legislative approval.

The motion, sponsored by Rep. Agom Jarigbe, advised President Muhammadu Buhari to send an executive bill to the National Assembly if he intends to unbundle the NNPC or carry out any fundamental reforms in the oil and gas sector.

 

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  1. Oluwatimilehin Abaenogbe

    March 10, 2016 at 4:53 am

    I have always known it that Kachikwu’s gra gra would soon end. NNPC and Nigeria is no Exxon Mobil. From unbundling to reorganization, this man no get liver sef

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