Nigeria: No U.S.$25 Billion NNPC Contract Missing - Presidency

15 October 2017

Abuja — THE Presidency Sunday said that neither the report that $25 billion worth of oil contracts were awarded by the NNPC nor that $25 billion in NNPC funds was missing was true.

The Senior Special Assistant to the President, Office of the Vice President, Laolu Akande in a statement in Abuja said that there were no contracts procured by the NNPC based on the leaked memo of the Petroleum Resources Minister of State, Dr. Ibe Kachikwu, adding that such impressions had been "maliciously" created in the past few weeks.

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