President Muhammadu Buhari granted approvals worth N640.8 billion contracts for oil deals to the Nigerian National Petroleum Corporation during the time he was on his sick bed in London, the press statement from the corporation indicated.
Mr. Baru said Mr. Buhari approved at least two separate oil contracts on July 10 and July 31 worth $1 billion and $780 million, respectively.
The time concise with the period President Buhari was receiving treatment for undisclosed ailments in London, having relinquished power to the Vice President, in acting capacity.
Baru revealed that the President had been exercising presidential powers by granting approvals for NNPC joint venture contracts when he was supposedly on his sickbed and not exercising presidential powers.
The disclosures were made when the NNPC responded – on behalf of Mr. Baru – to the allegations of contract fraud and insubordination raised by Ibe Kachikwu.
Mr. Kachikwu, the Minister of State for Petroleum Resources, had in an August 30 memo to Mr. Buhari said Mr. Baru unilaterally approved contracts without recourse to him or the NNPC board, amongst other concerns. The memo surfaced on social media on October 3, sending ripples through the country’s polity.