Wednesday october 18 edition

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Kachikwu, Baru fray freezes oil investments From SOPURUCHI ONWUKA, Lagos

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oncerns over contract sanctity have beclouded the petroleum industry as investors hold back proposals and work plans pending the resolution of the battle between Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, and the Group Managing Director of Nigerian National Petroleum Corporation

•NNPC Board has no role in contract awards, Baru replies Kachichukwu

IPOB in court Oct 17

(NNPC), Dr. Maikanti Baru, over rights to approve deals. A cross section of eminent players

The

VOX POPULI SACRUM

in the industry who spoke privately on the confusion in the petroleum sector expressed fears that the feud

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between Dr. Kachikwu and Dr. Baru would delay new projects, impede quick approvals for 2018 work

racle www.oraclenews.ng

WEDNESDAY OCTOBER 18, 2017

2019: Atiku targets PDP ticket

programmes and deter banks from advancing investment funding. A high profile petroleum engineer who works with a multinational oil services firm hinted that partnership deals between foreign companies and local firms have also stalled as facilitators wait to see which of the gladiators would keep standing. According to him, investors seek-

ISSN: 2545-5869

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Today

VOL.2 No. 43. N200

•Fruitful meeting with GEJ •PDP plan early campaign

•Fines role for Fayose •APC silence on Atiku From TONY AILEMEN (Abuja) and CHRIS EZE (Yenagoa)

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HE first meeting between former President Goodluck Jonathan and former Vice President, Atiku Abubakar since the 2015 general election may have finally confirmed speculations that the former Vice President plans to return this December to the PDP on whose platform he was VP for eight years, to pursue his presidential ambition come 2019. The former Nigeria vice-president, held a meeting President Jonathan at the latter’s home in Abuja at the instance of instance of Atiku, who is believed to be considering offers from PDP leaders to return to the party. Alhaji Abubakar, Waziri Adamawa, was among PDP bigwigs who

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left the party for the APC following disagreements over what was said to be “lack of internal democracy” in the former ruling party. Abubakar’s exit from the party along with several other bigwigs, including President of the 8th Senate, Senator Bukola saraki, has been blamed for much of the political misfortunes that were later to befall the PDP, leading to the loss of the Presidency by the former ruling party at the centre. The former Vice President’s visit to former President Jonathan is seen by pundits as a major shift in political alignments ahead of the 2019 presidential election, and a denouement in the move to reconcile all aggrieved parties in the PDP in the continuing effort by the party hierarchy to reorganise the

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Onitsha Amaka: Igwe Achebe’s Ofala


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