Tag Archives: Kachikwu

The African Oil and Gas industry is showing signs of an auspicious future; there is renewed investor interest and burgeoning confidence in the continent and sector following continued upward movement in oil prices and recent oil and gas discoveries.  This was very apparent by the host of panel discussions, country and company presentations at the recently concluded 25th edition of …

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‘GMD’s response full of  distortions’ David-West: minister’s claims wild Loyalists find gaps in NNPC’s position The crisis of confidence in the oil sector raged on yesterday, with some associates of the Minister of State, Dr. Ibe Kachikwu, taking on the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru. Kachikwu wrote to President Muhammadu Buhari, alleging …

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Nigeria lost over N51.28bn worth of oil to activities of petroleum pipeline vandals in 2015, the Nigerian National Petroleum Corporation (NNPC) has said. Oil, the mainstay of Africa’s largest economy has been the bone of contention between the government and the Niger Delta militants. The contention is responsible for the loss of national revenue, which has hindered the production of 2.2 million …

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The Minister of State for Petroleum Resources, Ibe Kachikwu, on Tuesday said it was shameful that the country had continued to import finished petroleum products. According to him, the country has to stop importing the products, adding that the Federal Ministry of Petroleum Resources was committed to making this happen. The minister disclosed this in several messages on his Twitter …

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Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has promised to resign if Nigeria continues to import fuel by 2019. He stated this in an interview on BBC World Service programme, HardTalk, on Monday. He promised to deliver on the refineries and said he was committed to also delivering a future for oil for Nigeria. Responding to the question …

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The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said a number of steps have been taken to maintain the pump price of Premium Motor Spirit (petrol) at N145 per litre despite significant challenges in the downstream sector. Kachikwu stated this in Lagos on Wednesday in a keynote address at the Rainoil 20th Anniversary Lecture. The minister, who …

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The Minister of State, Petroleum Resources, Dr Emmanuel Ibe Kachikwu, has given himself a pass mark. Speaking during an interactive session with reporters on the sidelines of the offshore technology conference in Houston, Texas, United States, he listed the opening up of the downstream sector, private investment and diversification of products sourcing through the introduction of Price Modulation Mechanism (PMM) …

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