Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Business News

The 3 legal arguments Femi Falana used to blow Baru’s defense apart

Chacha Wabara by Chacha Wabara
October 11, 2017
in Business News
Another twist to the NNPC vs Kachikwu tussle
Share on FacebookShare on TwitterShare on Linkedin

RelatedPosts

Buhari says 85 million Nigerians now enrolled in NIN database

FG will continue to provide support required to wipe out terrorists – Buhari

In what is the latest in the series of controversies in the Buhari administration, the Kachikwu vs. Baru dispute has exploded into a very messy battle with everyone taking sides. Earlier today, Nairametrics reported that the NNPC came to the defense of its Group Managing Director, Maikanti Baru by alleging that an ill Muhammadu Buhari who had handed over presidential powers to Osinbajo gave the final approval for the controversial contracts. Popular human rights lawyer and activist, Femi Falana has however released a statement in which he blows Baru’s defense apart. Here are the 3 major arguments from the standpoint of the law.

  1. Section 6 (c) of the NNPC Act which vests the Board of the NNPC (of which Kachikwu is Chairman) with the exclusive power to “enter into contracts or partnerships with any company, firm or person which in the opinion of the Corporation will facilitate the discharge of the said duties under [the NNPC] Act.” (Thus, Baru’s claim that the NNPC does not need to consult the Board before awarding contracts is not legal).
  2. The Public Procurement Act (PPA) states that the competent authorities that have the final say in the award of contracts and disposal of public assets under the current political dispensation are the Bureau of Public Procurement (BPP) and National Council of Public Procurement (NCPP). (Since neither is chaired by the President, Baru’s claim to have followed due process by seeking Presidential assent is not legal)
  3. There is no conflict whatsoever between the provisions of the NNPC Act and the PPA to justify the usurpation of the powers of the NNPC Board by the Tenders Board of the NNPC headed by the GMD (Baru). (Baru’s claim that he does not need approval from the NNPC Board  headed by Kachikwu is not legal).

It will be interesting to note in coming days if and how the President will react to these allegations as well as their implications on submission to the rule of law in Nigeria.

Related

Tags: BaruBuhariDr. Ibe Kachikwukachikwu's letterNews Review

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

inq
avatrade
Stanbic bank
Mega Millions
UBN
Hot forex
Access Bank
Bankers Committee
First bank






    Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

    Recent News

    • The role of manufacturing in accelerating national development
    • Leveraging digital engagement channels to help enhance tax compliance, IGR and Nigeria’s citizen experience
    • Half year 2022: Nigerian Exchange investors earn N3 trillion amid global disruptions

    Follow us on social media:

    Recent News

    The role of manufacturing in accelerating national development

    The role of manufacturing in accelerating national development

    August 9, 2022
    Tax

    Leveraging digital engagement channels to help enhance tax compliance, IGR and Nigeria’s citizen experience

    August 9, 2022
    • ABOUT US
    • CONTACT US
    • PRODUCTS
    • ANDROID APP
    • iOS APP
    • DISCLAIMER
    • CAREERS
    • PRIVACY POLICY

    © 2022 Nairametrics

    No Result
    View All Result
    • Home
    • Exclusives
      • Financial Analysis
      • Corporate Stories
      • Interviews
      • Investigations
      • Metrics
    • Markets
      • Cryptos
      • Commodities
      • Equities
        • Dividends
        • Stock Market
      • Fixed Income
      • Market Views
      • Securities
    • Industries
      • Company News
      • Consumer Goods
      • Content Partners
      • Corporate deals
      • Corporate Press Releases
      • Energy
      • Entertainment
      • Financial Services
      • Hospitality & Travel
      • Manufacturing
      • Real Estate and Construction
      • Tech News
    • Economy
      • Get Data
      • Macro-Economic News
      • Research Analysis
    • Business News
    • Financial Literacy
      • Career tips
      • Personal Finance
    • Lifestyle
      • Billionaire Watch
      • Profiles
    • Opinions
      • Blurb
      • Op-Eds

    © 2022 Nairametrics

    Social Media Auto Publish Powered By : XYZScripts.com