JUST IN: NNPC Scandal: I approved loans not contracts – Osinbajo

New Telegraph (6 days ago)

Nigeria’s Vice President, Prof. Yemi Osinbajo, says he approved two loans for the Nigeria National Petroleum Corporation (NNPC) and not contracts. Osinbajo’s Senior Special Assistant on Media and Publicity, Laolu Akande had earlier said that the VP approved contracts for NNPC. The VP’s aide tweeted: “In response to media inquiries on NNPC joint venture financing, VP Osinbajo, as Ag President approved recommendations after due diligence & adherence to established procedure. “Action necessary to deal with huge backlog of unpaid cash calls which Buhari admin inherited and also to incentivise much needed...

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