Vice President Yemi Osinbajo has met with the Minister of State for Petroleum Resources, Dr Ibe Kachikwu, and Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru.
The meeting comes amid the reported scandal at the NNPC after a letter Kachikwu wrote to President Muhammadu Buhari in which he levelled several allegations against Baru was leaked to the public and went viral.
READ ALSO: Kachikwu, Baru Put Differences Aside At Economic Summit
On Tuesday last week, both men, however, set differences aside at the 23rd Nigerian Economic Summit in Abuja where they warmly exchanged pleasantries and posed for photos.
Vice President Osinbajo later met with the minister and the NNPC boss today (Wednesday) at the Presidential Villa where they discussed operations in Nigeria’s upstream sector.
Kachikwu told State House correspondents after the meeting that despite ongoing litigations, the Federal Government would continue with the development of the $13.5billion Zabazaba Deepwater Oil Field.
The project, situated in Oil Prospecting Lease (OPL) 245, was said to have been acquired by Shell and Agip from Malabu Oil and Gas in 2012 for $1.3 billion dollars.
The acquisition has, however, been the subject of a corruption probe and prosecutions in Italy and Nigeria.
Kachikwu also hinted that the meeting discussed some escrow accounts.
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