News - Kachikwu

Buhari Inaugurates Boards Of NNPC, Others

3 years ago /
Nation 

President Muhammadu Buhari on Friday inaugurated the governing boards of three parastatals of the Ministry of Petroleum Resources. The parastatals include the Nigerian National Petroleum Corporation, Nigerian Content Development Monitoring Board and the Nigeria Nuclear Regulatory Authority. All the boards have the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, as...

We Will Move Nigeria Beyond Oil Export - Kachikwu

3 years ago /
Nation 

The Minister of State for Petroleum Resources, Ibe Kachikwu, says Nigeria will move beyond oil export and improve its economy. Kachikwu, who said this in the 2016 Nigerian National Petroleum Draft Policy, also clarified that the aim of restructuring the sector was to ensure efficiency and business enhancement. “Our vision is to...

Ibe Kachikwu Condemns Militant Attacks On Forcados Exports Pipeline

3 years ago /
Nation 

The Minister of State for Petroleum Resources,  Ibe Kachikwu, has expressed his grave concern and disappointment over the recent pipeline attacks by militants in the Niger Delta region. The most recent attack occurred on Tuesday night, in which Niger Delta Avengers, attacked the Forcados Export Pipeline in Delta State. This is one...

FG Will Sustain Petroleum Products Pricing Template – Kachikwu

3 years ago /
Nation 

Nigeria’s Minister of State for Petroleum, Dr. Ibe Kachikwu, says the Federal Government will work to maintain the new petroleum products pricing template, which pegs the price of petrol between 135 and 145 Naira per litre. The Minister said that the government is presently unable to consider fixing a new price...

 

Niger Delta Community Leaders Want Army Out Of Region

3 years ago /
Nation 

Leaders from the Nigeria's Niger Delta have called on President Muhammadu Buhari to pull the army out from the oil hub, order oil firms to move headquarters there and spend more on development to end militancy in the region. Buhari met leaders from the southern swampland for the first time on...

President Buhari To Meet Niger Delta Leaders Next Week

3 years ago /
Nation 

Nigeria will invest $10bn in the oil-rich south to end an insurgency by militants, the minister said. The money would be used to build infrastructure, including roads and railways, Emmanuel Ibe Kachikwu said. The militants have been demanding that the government spend more of its oil wealth on tackling widespread poverty...

Nigeria Targets 60% Drop In Petroleum Products Import By 2018 - Kachikwu

3 years ago /
Nation 

The Nigerian government says it is targeting at least 60% drop in importation of petroleum products by 2018 and export increase by 2019. The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, told a gathering in Lagos that current reforms initiated by the government would ensure the reduction in importation and...

President Buhari Decries Blackmail Of Senior Government Officials

3 years ago /
Nation 

President Buhari has reacted to reports, by online media, that the Minister of State for Petroleum, Dr Ibe Kachikwu, is being investigated over crude oil swap deals and gas lifting during his tenure as the Group Managing Director of the NNPC The president made an appeal in a statement issued in...

Oil Union, PENGASSAN Suspends Strike

3 years ago /
Nation 

The Petroleum and Natural Gas Senior Staff Association of Nigeria has suspended its six-day strike after holding talks with the Federal Government and employers in the oil sector. The oil workers union called on its members nationwide to resume work with immediate effect after its National Executive Committee meeting. This comes after...

Senate Supports Fuel Price Hike, Calls On Labour To End Strike

3 years ago /
Nation 

The Nigeria Senate has backed the Federal Government’s pump price of petrol increment to N145. The Minister of State for Petroleum Resources, Ibe Kachikwu announced the new price last week, a decision which angered many in the polity who cited the current hardship the country faces as a rationale. The Vice President...

Reps Summon Kachikwu Over N145 New Price Regime

3 years ago /
Nation 

The eadership of House of Representatives has summoned Ibe Kachukwu, minister of state for petroleum, over the recent hike in the pump price of premium motor spirit (PMS) from N86.50 to N145 per litre. The interactive session is to be held at a special plenary session on the floor of the...

 

Nigeria Labour Congress Vows To Reject New Pump Price

3 years ago /
Nation 

The Nigerian Labour Congress (NLC) has vowed to resist the removal of subsidy by the federal government which puts the price of fuel at N145. State Minister for Petrouleum, Dr Ibe Kachikwu who is the minister of state for petroleum said in a statement the decision was taken based on the...

 

Militant Threatened Me On Phone - Kachikwu

3 years ago /
Nation 

Minister of State for Petroleum Resources and Nigerian National Petroleum Corporation, NNPC, Group Managing Director, Dr. Ibe Kachikwu, yesterday, revealed how he received threats from a Niger Delta militant. Kachikwu, who was one of the ministers that attended the Federal Government's town hall meeting in Kaduna State, lamented the effect of...

FG Needs $700m To Upgrade Refineries – Ibe Kachikwu

3 years ago /
Nation 

The Minister of State for Petroleum, Dr Ibe Kachikwu, said on Saturday that the Federal Government needed 700 million dollars to upgrade its refineries to produce at maximum capacities. Kachikwu, who is also the Group Managing Director of NNPC, disclosed this while speaking with newsmen during the re-inauguration of the Port...

IPMAN To Visit Depots To Address Fuel Scarcity

3 years ago /

The Independent Petroleum Marketers Association of Nigeria (IPMAN) said it would visit depots across the country to monitor challenges in the distribution and supply of petroleum products. Information on the visit is contained in a statement issued by Mr Lawson Ngoa, the Secretary, IPMAN Reconciliation Committee, on Thursday in Abuja. The statement...

BREAKING: Fuel Scarcity To End As Kachikwu Brokers IPMAN Peace Deal

3 years ago /

...Makes Marketers Vow To Flood Stations With Petrol.

ASUU Describes Fuel Scarcity AS Sabotage

3 years ago /

The Academic Staff Union of Universities (ASUU) says the persistence fuel scarcity faced by Nigerians is part of the ongoing sabotage in the political system. ‎ Dr Nasir Fagge, the national president of the union, told the News Agency of Nigeria (NAN) in Lagos after paying a courtesy visit to...

Fuel Crisis: CSOs Call Off Planned Protests Against Kachikwu

3 years ago /

A group of CSOs numbering over 20, that had earlier planned to stage a massive protests against the Minister of State for Petroleum, Dr Ibe Kachikwu over the lingering fuel crisis in the country has called off the action.National President of Coalition of Civil Society Organisations for Positive Change, Venatius...

Buhari meets with NUPENG, PENGASSAN leaders To Resolve Oil Sector Issues

3 years ago /

President Muhammadu Buhari on Wednesday held a closed-door meeting with the leaders of the National Union of Petroleum and Natural Gas, NUPENG, and the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, at the Presidential Villa, Abuja Briefing State House Correspondents at the end of the meeting, the Minister...

Group Frowns At Attempt To Discredit Kachikwu

3 years ago /

A group of Civil Society Organisations under the aegis of Coalition of Patriots against Agents of Corruption (COPAAC) has taken a swipe at the Nigeria Labour Congress and its affiliate bodies over comments targeted at the Minister of State for Petroleum, Mr. Ibe Kachikwu. COPAAC condemned calls by the...