Professional Indemnity Insurance

The Peoples Democratic Party (PDP) has called for the suspension of the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru. The party warned President Muhammadu Buhari against shielding Baru and others involved in the alleged scam. Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, in a leaked August 30 memo to the President, had detailed how about $25 billion contracts were illegally awarded by Baru without due process. The party urged the President to treat Baru and others involved in the scandal the same way he treated the former National Security Adviser, Sambo Dasuki and many others involved in the $2 billion arms purchase scandal perpetrated during the last administration. Addressing a news conference in Abuja yesterday, the National Publicity Secretary of the PDP, Prince Dayo Adeyeye charged Buhari to live above board by instituting proper investigation into the scam, with a view to prosecuting anyone found wanti...

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