Nigeria: $25 Billion Claims in Kachikwu's Memo Fabricated - Osinbajo

16 October 2017

The Vice President, Yemi Osinbajo, on Sunday pushed back against allegations of contract infractions raised by the Minister of State for Petroleum, Ibe Kachikwu, saying the $25 billion the minister stated in his leaked memo to President Buhari "does not exist."

The vice-president said the Nigerian National Petroleum Corporation only conducted a shortlisting process for crude oil lifting which did not involve financial transactions as stated by Mr. Kachikwu.

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