President Muhammadu Buhari on Tuesday ordered the Economic and Financial Crimes Commission, the National Intelligence Agency and the Inspector-General of Police, Mohammed Adamu, to launch a probe into
the contract between the Federal Government and the Process and Industrial Developments Limited, signed in 2010.
The President’s decision to probe the firm and its activities was based on the fact that the Federal Government suspected foul play in the contract which was negotiated and signed under the past administration in 2010.
Our correspondent learnt that questions were asked on the contract when Jonathan became president but they were not answered. Thus, the fire kept smouldering. He lost his seat in the cabinet on February 10, 2010 – the day that Jonathan assumed power as the acting President.Rilwan Lukman, an engineer, was a recurring decimal in the nation’s oil and gas industry. He was appointed Honorary Advisor to Umar Yar’Adua on energy and strategic matters in August 2007 and in December 2008, he was appointed the Minister of Petroleum Resources.
As the Chief Finance Officer of the country, a major financial transaction should not scale through without passing through his table. Sanusi, who became Muhammadu Sanusi II, the 14th Emir of Kano, was appointed governor of CBN on June 3, 2009. He was suspended from the apex bank by President Jonathan on February 20, 2014 in controversial circumstances.President Buhari inherited the controversial contract when he assumed office on May 29, 2015. The controversy that surrounds it could have been settled by him with good negotiation.
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