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“However, the correct governance is that the Minister of State and the board review the transaction and give their concurrence prior to presentation to you.
“The NTB, which is a collection of top-level NNPC executives and COOs, with the GMD as chairman, cannot continue to be the final approval authority for multi-million dollar contracts and transactions involving NNPC to the exclusion of the board.
Attempts to get Baru to respond to the allegations made by Kachikwu in his letter to the president were unsuccessful Tuesday, as the GMD did not return calls and a text message sent to his phone.
When contacted, the spokesman of the corporation, Ndu Ughamadu, said NNPC had no response to the letter, as it was not addressed to the corporation.
According to him, the heads of the other parastatals have continued to excel in their areas and adhere to mandatory governance processes.
He revealed that his working relationship with Baru has been “fraught with humiliation, sidelining, and campaigns of character defamation against me”.
“This is despite my diplomatic encouragement of Dr.
Baru to do so to avoid wrongfully painting you as a president who does not allow due process to thrive in NNPC.
In the letter dated August 30, 2017, Kachikwu alleged that he read about the recent massive changes at NNPC on the pages of the newspapers, as Baru never discussed the changes with him and members of the board of the corporation.
“Indeed, in anticipation of vacancies that would arise from retiring senior executives of NNPC, I wrote the GMD (Baru) a letter requesting that we both have prior review of the proposed appointments.
“This is particularly frustrating given the many contributions I have made to the growth and stability of the Nigerian oil and gas industry through the many policies I have introduced since August 2015.
“If NNPC is considered and known to be one of the parastatals under the ministry, why does the GMD refuse to report to my office or to the board on serious issues such as above, especially given that I have been by Your Grace, the minister with oversight responsibilities over these parastatals for two years? The minister further alleged that when he called for meetings, Baru would send his subordinates without the courtesy of a call to explain his absence.
Kachikwu added that Baru did not also consult the Board Services Committee, whose function it is to review potential appointments and terminations of senior staff prior to implementation.