The Federal Government has said that it would need the sum of $700 million to upgrade the nation’s refineries to be able to perform up to 90 per cent capacity. The Minister of State for Petroleum, Dr. Ibe Kachikwu, disclosed this on Saturday when he visited Eleme Local Government Area of River State for the […]
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[su_dropcap]T[/su_dropcap]op-rated Canadian-made private jets chartered regularly by the immediate past Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, are now being flown by the new Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, and the Central Bank of Nigeria’s Governor, Mr. Godwin Emefiele, investigations by Punchng showed. The development brings to question the new administration’s criticism […]
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[su_dropcap]M[/su_dropcap]inister of State for Petroleum Resources Dr. Emmanuel Ibe Kachikwu, yesterday said fuel queue will be over in Abuja and Lagos this week. He projected that queues in Kano, Katsina, Sokoto and Port Harcourt and other states will dissipate subsequently. The minister also hinted of a price adjustment next month. He told officials of the Petroleum […]
Read More [su_dropcap]T[/su_dropcap]he Minister of State for Petroleum, Dr. Ibe Kachikwu, appeared before the Senate Committee on Petroleum Resources (Downstream) on Tuesday to give reasons for the acute fuel scarcity across the country and the efforts being made by his ministry to resolve the embarrassing situation. He regretted the situation and apologised to Nigerians, who he said […]
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[su_dropcap]T[/su_dropcap]HE Senate on Monday summoned the Minister of State for Petroleum Resources, Ibe Kachikwu, to appear before it on Tuesday and explain the cause of the embarrassing fuel scarcity across the country. The Senate Committee on Petroleum Resources (Downstream) summoned the minister after carrying out on-the-spot assessment of the fuel situation in major filling stations […]
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[su_dropcap]T[/su_dropcap]HE South-South and the South-East chapters of the All Progressives Congress have supported the criticism of the Minister of State for Petroleum, Ibe Kachikwu by the APC National Leader, Asiwaju Bola Tinubu. The South-South APC advised the minister to resign if he was incapable of doing his job, Punchng report. This was contained in a statement […]
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[su_dropcap size=”4″]N[/su_dropcap]ATIONAL Leader of the ruling All Progressives Congress (APC), Asiwaju Bola Tinubu, yesterday ruled the Minister of State for Petroleum Resources, Mr. Ibe Kachikwu, out of order for saying he should not be expected to conjure magic in resolving the current fuel crisis in the country. He said the minister strayed from the progressive […]
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Into four major unit was the Nigerian National Petroleum Corporation (NNPC) been broken into. Minister of State for Petroleum Resources Dr. Ibe Kachikwu yesterday announced the new structure at a briefing in Abuja. According to The Nation, the minister, who is also the Group Managing Director of the organisation, said President Muhammadu Buhari approved the restructuring. He said: […]
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NIGERIA will keep striving to increase crude oil production to meet local demand and not to essentially sell it in the international market, the Minister of State for Petroleum Resources and Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Ibe Kachikwu, has said. Kachikwu also announced Nigeria’s backing of Saudi Arabia and Russia […]
Read More AFTER watching the price of crude oil collapse by more than 65% to a 12-year low, there are signs that some members of the OPEC may have had enough, CNN money report. Nigeria’s top oil official, who is also the outgoing OPEC President, Emmanuel Kachikwu said the cartel is considering an emergency meeting, perhaps as […]
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The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has ordered the deployment of employees of the Nigerian National Petroleum Corporation in filling stations across the country for effective monitoring of the fuel distribution system. The corporation disclosed this on Monday in a statement signed by its Group General Manager, Group Public Affairs Division, […]
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