News - Kachikwu

Osinbajo Seeks Indigenous Development Of Africa’s Fossil Fuel

1 year ago /
Nation 

Nigeria’s vice president Professor Yemi Osinbajo, says now is the time for Africa to look inwards in the development of its fossil fuel.                                                                                                                

FG Moves To Resolve Fuel Scarcity

1 year ago /
Nation 

The Minister of State for Petroleum, Ibe Kachikwu, says the government is working round the clock to ensure the persistent fuel queues disappear from the filling stations across the country.  The Minister said the issue is logistic and the government is working to resolve it. Kachikwu spoke on the Nigerian Investment Promotion...

Fuel Subsidy: NNPC Draws N4.95 Trillion

1 year ago /
Nation 

Nigeria's state owned Oil Company, Nigerian National Petroleum Corporation {NNPC} has admitted it received a total of n4.95 trillion as fuel subsidy payment between 2006 and 2015.

Reps To Investigate Alleged Revenue Loss Of $7.6trillion By NNPC

1 year ago /
Nation 

The House of Representatives is to investigate the reasons responsible for Nigeria losing about 7.6 trillion Naira crude oil revenue to international oil companies. In a motion sponsored by Rep. Sunday Katung, lawmakers were informed that the loss, which is from 1993, is partly due to government’s failure to implement the...

House Of Reps To Probe Fuel Subsidy Payments

1 year ago /
Nation 

Nigeria’s house of representatives is set to investigate the current fuel subsidy payment by the Nigerian National Petroleum Corporation, NNPC The lawmakers have invited the minister of state for petroleum Resources Ibe Kachikwu and the group Managing Director of NNPC to account for the monies so far expended on the subsidy...

Kachikwu Proffers Solutions To Fuel Scarcity

1 year ago /
Nation 

The Minister of state for Petroleum, Ibe Kachikwu has said Nigeria urgently needs to address the issue of fuel pricing if it hopes to find a lasting solution to perennial fuel scarcity in the country. Kachikwu also wants the entire oil business model fine-tuned with the country’s refineries fixed as quickly...

Ibe Kachikwu Assures Nigerians Of An End To Fuel Scarcity

1 year ago /
Nation 

A meeting of key players in Nigeria's oil and gas industry has just ended at the state House, Abuja with stakeholders setting up a joint committee of the federal government and oil marketers to review the challenges facing the downstream sector of the petroleum industry with a view to proffering...

FG Sets Up Committee On Challenges In The Oil Sector

1 year ago /
Nation 

A meeting of key players in Nigeria’s oil and gas industry has ended at the state house, Abuja with stakeholders setting up a joint committee of the federal government and oil marketers to review the challenges facing the downstream sector of the petroleum industry with a view to proffering lasting...

Why We Suspended Nationwide Strike – PENGASSAN

1 year ago /
Nation 

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has explained the rationale behind the decision to suspend its nationwide strike. This was contained in a statement issued on Monday by the General Secretary of the union, Mr Lumumba Okugbawa, shortly after a press conference in Abuja. Okugbawa said PENGASSAN...

PENGASSAN Suspends Nationwide Strike

1 year ago /
Nation 

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has suspended its planned nationwide strike. The decision to suspend the strike which was planned to commence 11:59 pm on Monday followed the intervention of the Director of State Security Service, the Minister of Labour and Productivity, Chris Ngige and...

Kachikwu Says FG Working On Fixing Refineries To End Fuel Scarcity

1 year ago /
Nation 

The Minister Of State For Petroleum Ibe Kachikwu says the solution to the perennial fuel crisis in the country is to get the refineries working. Fielding questions from state house correspondents after the federal executive council meeting, Kachikwu said the federal government was working hard in that regard. The minister explained that...

FG Moves To End Fuel Queues

1 year ago /
Nation 

The federal government has ordered the minister of state for petroleum resources Ibe Kachikwu to resolve all the issues that led to the reappearance of long queues of vehicles at petrol stations across the country. Minister of information and culture, Lai Mohammed also dismissed insinuations that government plans to review upward...

BREAKING: Osinbajo Admits Approving Oil Contracts For NNPC

2 years ago /
Nation 

The Vice President, Professor Yemi Osinbajo has admitted granting authorisation to the NNPC for two oil contracts worth N640 billion while President Muhammadu Buhari was away on medical leave. Minister of state for Petroleum Resources, Dr. Ibe Kachikwu, had accused the Group Managing Director (GMD) of the NNPC, Dr Maikanti Baru,...

NLC Backs Kachikwu/Baru Investigation

2 years ago /
Nation 

The Nigeria Labour Congress, NLC, has thrown its weight behind senate’s decision to investigate the face-off between minister of state for petroleum Ibe Kachikwu and the group managing director of the Nigerian National Petroleum Corporation, Maikanti Baru. NLC President Ayuba Wabba on the sidelines of an international conference on security in...

PENGASSAN/NUPENG Speak On Minister/NNPC GMD Squabble

2 years ago /
Nation 

The president of the Petroleum And Natural Gas Senior Staff Association of Nigeria PENGASSAN, Francis Johnson, wants Nigerians to be cautious of their comments on the face off between Nigeria 's minister of state for Petroleum Ibe Kachikwu and the Group Managing director of NNPC Maikanti Baru.   Johnson who stated this...

No Law Mandates Me To Discuss Contracts With You, Baru Replies Kachikwu

2 years ago /
Nation 

The Group Managing Director, Nigerian National Petroleum Corporation, Maikanti Baru, on Monday officially responded to the recent allegations of insubordination and corruption levelled against him by the minister of state for petroleum resources, Ibe Kachikwu. According to the NNPC, the response followed a directive from president Muhammadu Buhari to Baru and...

BREAKING: NNPC Breaks Silence On Kachikwu’s Letter

2 years ago /
Nation 

The Nigerian National Petroleum Corporation (NNPC) has made a release today breaking silence on the recent letter written by the Minister of State for Petroleum, Dr Ibe Kachikwu to President Muhammadu Buhari. The group in the statement signed by the General Manager Public Affairs,  Ndu Ughamadu, states that the law and...

Governor Wike Speaks On Kachikwu/Baru Face-Off

2 years ago /
Nation 

Rivers State Governor Nyesom Wike is alleging that  the APC- led federal government is  condoning and covering up corrupt practices among top officials as the leaked memo sent to president Buhari by the minister of state for petroleum suggests . Speaking when he paid a visit to his Abia state counterpart...

BREAKING: Kachikwu Arrives At Presidential Villa To Meet Buhari

2 years ago /
Nation 

The Minister of State for Petroleum, Ibe Kachikwu has arrived at the Presidential Villa, Abuja, the nation’s capital to meet with the President, Muhammadu Buhari. The Minister arrived at the Presidential Villa at about 11:33 am. The meeting follows few days after Dr. Kachikwu was said to have written to President Muhammadu...

PDP asks Buhari to act on NNPC GMD

2 years ago /
Nation 

The Peoples Democratic Party (PDP) has expressed shock at the loud silence of President Muhammadu Buhari on the corruption scandal and other illegalities currently being exposed at the nation’s cash cow, the NNPC in which two of his aides, the minister of state for petroleum, Ibe Kachikwu and the group...