92 Views

How Embattled NNPC Boss, Maikanti Baru Emerged Chairman NGA Advisory Board

The GMD of NNPC, Dr Maikanti Baru, has emerged as the chairman, advisory board, Nigerian Gas Association (NGA).

According to the News Agency of Nigeria, the board was inaugurated on Tuesday, October 17 during an Executive Gas Round-table for chief executives and directors levels of the oil and gas companies meeting in Lagos.

In his remarks, the GMD commended the NGA for its contribution to gas sector development through advocacy.

Dr Baru is the new chairman of the NGA board. Photo credit: NNPC
Baru said that the advisory board will add to the development of the gas industry.

He said that the federal government has mandated aggressive gas policy to stimulate growth of gas sector, while assuring stakeholders of his commitment to the objectives of the board.

Mr Dada Thomas, the president of NGA stressed the importance of gas in economic development in Nigeria.

“For Nigerian economy to achieve its full potential, there must be power, to get power we need gas, to get gas, we need much needed investment to develop the gas sector.

“Without appropriate fiscal policy on gas, there can never be investments in the sector.

“We must diversify the Nigerian economy and gas has a crucial role to play, so, we must promote investment in gas sector.

“We must ensure that we pass a good petroleum industry bill that will promote and expand the industry and not shrink it,” he said.

Thomas said a situation where gas investment are made in dollars, gas is sold in dollars but invoices are raised in naira at Central Bank of Nigeria exchange rate which will reduce the invoice value, is unacceptable. (NAN)

Meanwhile, a recent media report indicates that the presidency has initiated moves to ensure that Baru is not indicted by the Senate ad hoc committee charged with investigating him for awarding contracts to the tune of $25 billion without recourse to the NNPC board of directors.

The nine-man committee chaired by Senator Aliyu Wamakko (Sokoto, APC) is charged with investigating Baru over the allegations raised against him by Kachikwu.

Kachikwu’s leaked memo to President Buhari accused Baru of insubordination and keeping the NNPC board chaired by Kachikwu in the dark in the award of contracts and promotion of senior executives of NNPC.

Get the best viral stories straight into your inbox!

Don't worry, we don't spam

Leave a Comment

Your email address will not be published.

Latest Posts

Soundcity TV Blocks Ghanaian Singer Shatta Wale On Twitter (See His Reaction)
Entertainment
345 views
Entertainment
345 views

Soundcity TV Blocks Ghanaian Singer Shatta Wale On Twitter (See His Reaction)

MT - November 19, 2017

The heat is on. This Ghanaian artiste is under serious fire for messing with Nigerians. The guy was recently blocked by soundcity TV and in retaliation, he…

How Nigeria U-20 Women Thrashed Morocco 5-1 In The World Cup Qualifiers
Sports
545 views
Sports
545 views

How Nigeria U-20 Women Thrashed Morocco 5-1 In The World Cup Qualifiers

MT - November 19, 2017

Nigeria’s U-20 women’s team the Super Falconets have booked their place in the final qualifying round for the FIFA U-20 Women’s World Cup following a 5-1 win…

Here’s The Banky W And Adesua Etomi’s Traditional Wedding Cake Everyone Is Talking About
Entertainment
957 views
Entertainment
957 views

Here’s The Banky W And Adesua Etomi’s Traditional Wedding Cake Everyone Is Talking About

MT - November 19, 2017

The traditional wedding of Banky W and Adesua Etomi cake is here while we await the bride!

Billionaire Daughter, DJ Cuppy Wins New York University’s 2017 Alumni Artistic Achievement Award
Entertainment
595 views
Entertainment
595 views

Billionaire Daughter, DJ Cuppy Wins New York University’s 2017 Alumni Artistic Achievement Award

MT - November 19, 2017

Billionaire Otedola’s daughter, Florence, popularly known as DJ Cuppy, in 2016 successfully completed her Master’s Degree at New York University. She has now won the University’s 2017…

Amazing Pre-wedding Photos Of Plus Size Nigerian Couple Goes Viral
Romance and Love
803 views
Romance and Love
803 views

Amazing Pre-wedding Photos Of Plus Size Nigerian Couple Goes Viral

MT - November 19, 2017

Checkout these Viral Prewedding Pictures of Plus Size Nigerian Couple , Trending All Over the Web .. Pictures below. #Beauty is not define by size #True love…

Apostle Suleman Rocks Police Uniform For Church Service Today [Photos]
Religion
867 views
Religion
867 views

Apostle Suleman Rocks Police Uniform For Church Service Today [Photos]

MT - November 19, 2017

Senior Pastor of the Omega Fire Ministries Worldwide (OFM), Apostle Johnson Suleman, rocked a police uniform during church service earlier today.   The pastor rocked the “unusual”…

Nigerian Migrant Says He Was Sold At Libya Slave Auction
Video
668 views
Video
668 views

Nigerian Migrant Says He Was Sold At Libya Slave Auction

PH - November 19, 2017

Victory, 21-year-old Nigerian migrant speaking to CNN siad he was sold at Lybia slave auction market. Victory tired of the rampant corruption in Nigeria’s Edo state, fled…

Video: US-based Televangelist, Benny Hinn, ‘Faints’, Shocked After Nigerian Donated $1m To His Ministry
Religion
1281 views
Religion
1281 views

Video: US-based Televangelist, Benny Hinn, ‘Faints’, Shocked After Nigerian Donated $1m To His Ministry

PH - November 19, 2017

In what was a dramatic faint, Israeli US-based televangelist, Benny Hinn, was left in shock after a Nigerian donated $1 million to his ministry. In the video…

How President Buhari Shunned Maina in Dubai
Politics
164 views
Politics
164 views

How President Buhari Shunned Maina in Dubai

PH - November 19, 2017

Fresh facts emerged, on Saturday that wanted ex-Presidential Pension Reform Task Team Chairman, Alhaji Abdulrasheed Maina, had sought audience with President Muhammadu Buhari in Dubai, United Arab…

“You’ll Always Be Brothers Who Shared One Womb” – Lola Okoye Tells Peter And Paul On Their Birthday
Entertainment
1052 views
Entertainment
1052 views

“You’ll Always Be Brothers Who Shared One Womb” – Lola Okoye Tells Peter And Paul On Their Birthday

MT - November 19, 2017

Wife to Peter Okoye, Lola Omotayo-Okoye, on her Instagram wished her husband and his twin brother Paul Okoye a happy birthday. In a heartfelt caption, Lola asked…

How Stella Damasus Called Out Doris Simeon For Making Life Living Hell For Her Husband, Daniel
Entertainment
1154 views
Entertainment
1154 views

How Stella Damasus Called Out Doris Simeon For Making Life Living Hell For Her Husband, Daniel

MT - November 19, 2017

Popular American actor and singer, Tyrese Gibson recently won a custody order battle he has been fighting with his ex-wife for some time now, he has since…

First Photos From Adesua Etomi and Bankole Wellington (Banky W) Traditional Wedding
Entertainment
782 views
Entertainment
782 views

First Photos From Adesua Etomi and Bankole Wellington (Banky W) Traditional Wedding

MT - November 19, 2017

The traditional wedding ceremony between RnB Singer, Actor and Director, Banky W and his beautiful fiance, Adesua Etomi, will take place today, November 19th. Adesua and her…

Rich Divorced Mum Gives Out Cars As Souvenirs As She Marries For The 3rd Time In Benin – Photos
Romance and Love
1559 views
Romance and Love
1559 views

Rich Divorced Mum Gives Out Cars As Souvenirs As She Marries For The 3rd Time In Benin – Photos

MT - November 19, 2017

The sumptuous bride- Ehizogie Ogbebor is not only a supreme beauty and super stylish too, but she's also an Instagram sensation par excellence, a big gal by…

Anambra2017: Why We Will Remain Vigilant Until Final Result Is Announced – INEC
Politics
110 views
Politics
110 views

Anambra2017: Why We Will Remain Vigilant Until Final Result Is Announced – INEC

MT - November 19, 2017

The Independent National Electoral Commission (INEC) has said that it will remain vigilant in the collation of results until the announcement of the final result and winner…

Photos: Nigerian Policeman And His Damaged Gun Spotted At A Welder’s Workshop, Spark Outrage.
Shocking
718 views
Shocking
718 views

Photos: Nigerian Policeman And His Damaged Gun Spotted At A Welder’s Workshop, Spark Outrage.

MT - November 19, 2017

A police officer was seen repairing his rifle at a welder’s workshop. A social media user who stays in the eastern part of the country – shared…

Yomi Fabiyi Petitions Lagos Police To Arrest Eniola Omoshalewa Eunice [Details]
Entertainment
394 views
Entertainment
394 views

Yomi Fabiyi Petitions Lagos Police To Arrest Eniola Omoshalewa Eunice [Details]

MT - November 19, 2017

Nollywood actor, Yomi Fabiyi, who was accused of demanding for sex for a movie role by a lady identified as Eniola Omoshalewa Eunice, has petitioned the Lagos…

I Never Received N5million Monthly From Maina – Jonathan Insists
Politics
403 views
Politics
403 views

I Never Received N5million Monthly From Maina – Jonathan Insists

MT - November 19, 2017

Former President, Dr Goodluck Jonathan, has debunked reports that he was collecting N5m monthly from the former chairman, Presidential Pension Tax Team, Abdul Rasheed Maina.He said the…

PDP Candidate, Obaze On Anambra Guber Election 2017 – ‘I’ll Win If Election is Credible’
Politics
93 views
Politics
93 views

PDP Candidate, Obaze On Anambra Guber Election 2017 – ‘I’ll Win If Election is Credible’

MT - November 19, 2017

Peoples Democratic Party (PDP) candidate Oseloka Henry Obaze has said he was sure of victory if the election is free and fair.He arrived at Unit 001 in…

Loading...