News - Kachikwu

Ibe Kachikwu Pledges To Boost Revenues, Discover More Oil And Gas

3 years ago /
Nation 

The Minister of State for Petroleum Resources, Dr Ibe Kachiwkwu, on Wednesday said the ministry would focus on boosting revenue generation through the discovery of more oil and gas in the country. Kachikwu announced this while fielding questions from newsmen during his assumption of office in Abuja. He said that part of...

President Buhari Assigns Portfolios To Ministers

3 years ago /
Nation  Politics 

President Buhari On Wednesday finally assigned portfolios to the confirmed Ministers of the Federal republic. This happened during the inauguration of the federal Executive Council (FEC). The president however announced himself as the Minister of Petroleum. Some of the newly sworn-in Ministers and their portfolios include; Abukabar Malimi – (Minister of Justice) Geoffrey Onyeama...

91 Companies Bid For NNPC's Contract For Coastal Bunkering Vessels Service

3 years ago /
Nation 

The Nigerian National Petroleum Corporation, (NNPC)has began the public opening of technical bids submitted by 91 companies to secure contract for the provision of Coastal and Bunkering Vessel Services. This is contained in a statement by NNPC’s Group General Manager, Group Public Affairs Division Mr Ohi Alegbe. The statement said that the...

Senate Confirms Onu, Fashola, Ngige, Danbazau As Ministers

4 years ago /
Nation  Politics 

The Senate on Wednesday, confirmed the nomination of former Lagos governor Babatunde Fashola, former Ekiti governor, Kayode Fayemi, Sen. Chris Ngige (Anambra) and 15 others as ministers. Other nominees whose appointments were confirmed are Sen. Udo Udoma (Akwa Ibom), Dr Ogbonaya Onu (Ebonyi), Audu Ogbe (Benue), Dr Osagie Ehanire (Edo) and...

NNPC Debunks Rumours Of Reduction In Petrol Pump Price

4 years ago /
Nation 

The Nigerian National Petroleum Corporation (NNPC) has debunked reports of a purported reduction in the current pump price of petrol from N87 per litre to N57. A statement signed by NNPC’s Group General Manger, Group Public Affairs Division, Mr Ohi Alegbe, in Abuja on Monday described the report as false and...

"Nigeria Loses An Average Of $10Billion Monthly To Refinery Inefficiency" - Kachikwu

4 years ago /
Nation 

Group Managing Director of the Nigerian National Petroleum Corporation, Ibe Kachikwu says Nigeria loses an average of ten billion dollars monthly to refinery inefficiency, a trend that is not good for the nation. To this end, he said the corporation is set to block all the leakages and ensure that refineries...

NNPC Secures 1.2bn Dollars Alternative Funding For 36 Oil Wells

4 years ago /
Business and Economy  

The Nigerian National Petroleum Corporation (NNPC) has secured a USD1.2 billion multi-year drilling financing package for 36 oil wells under the NNPC and Chevron Nigeria Limited Joint Venture (JV). This is contained in a statement by Mr Ohi Alegbe, NNPC Group General Manager, Group Public Affairs Division, in Abuja on Sunday. The...

 

NNPC Disclaims Fraudulent Use Of GMD’s Name

4 years ago /
Nation 

The Management of the Nigerian National Petroleum Corporation (NNPC) has disclaimed the use of the name and office of the Group Managing Director, Dr Ibe Kachikwu, by some unscrupulous individuals for fraudulent purposes. The is contained in a statement by the corporation’s Group General Manager, Group Public Affairs Division, Mr. Ohi...

NNPC Begins Process Of Recovering $9.6bn Owed Nigeria

4 years ago /
Nation 

The Nigerian National Petroleum Corperation (NNPC) has begun the process of recovering over seven billion dollars in over-deducted tax benefits from JV Partners on major capital projects and another 2.46 billion dollars from inflated contracts at NPDC. This information is contained in a report submitted to President Muhammadu Buhari by the...

NNPC To Throw Account Books Open For Public Scrutiny, Says Kachikwu

4 years ago /
Nation 

The Group Managing Director of the NNPC, Dr Ibe Kachikwu, said on Tuesday in Abuja that the corporation would operate an open accounting system that would allow public scrutiny of its books. This is contained in a statement issued by Mr Ohi Alegbe, Group General Manager, Group Public Affairs Division of...

NNPC Appoints 4 New Group Executive Directors, MDs, Trims Top Management Staff

4 years ago /
Nation 

The Management of the Nigerian National Petroleum Corporation (NNPC), has appointed four new Group Executive Directors to man the four new directorates that have been approved by the Presidency. This is contained in a statement by Ohi Alegbe, Group General Manager, Group Public Affairs Division of NNPC in Abuja on Tuesday. The...

FG Retires 8 NNPC Group Executive Directors

4 years ago /
Nation 

The Federal Government on Wednesday approved the retirement of eight group executive directors of the Nigerian National Petroleum Corporation (NNPC) with immediate effect. This is contained in a statement signed by Mr Ohi Alegbe, the Group General Manager, Public Affairs in Abuja. The statement noted that the affected group executive directors were...

NNPC New Boss Assumes Office

4 years ago /
Nation 

The newly-appointed Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr. Emmanuel Ibe Kachikwu, has assumed duty as the Chief Executive of the corporation. This is contained in a statement signed by Mr Ohi Aligbe, Group General Manager, Group Public Affairs Division, on Tuesday in Abuja. It said that a...

FG Inaugurates $650m Abuja Medical City

5 years ago /
Health  Nation 

Health Minister, Prof Onyebuchi Chukwu, on Wednesday, inaugurated two committees to oversee the construction of a 1,687-bed hospital, valued at $650m in the Federal Capital Territory to make quality medical care for all categories of Nigerians.


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