Thursday , 23 November 2017

Tag Archives: Ibe Kachikwu

Ibe Kachikwu reveals what he discussed with President Buhari

Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has revealed for the first time the response of President Muhammadu Buhari to the controversial memo on the Group Managing Director of the Nigeria National Petroleum Corporation, Dr. Maikanti Baru. It would be recalled that the minister’s memo raised issues over …

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Kachikwu meets with Baru to discuss having a stronger petroleum industry

The Minister of State for Petroleum Resources, Ibe Kachikwu, and the Group Managing Director, of the Nigerian National petroleum Corporation, NNPC, Maikanti Baru, appeared to set aside their differences to speak about ways to building a stronger and more efficient petroleum industry. The two top officials have not had the …

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Ibe Kachikwu keeps silence after meeting with President Buhari

After the meeting between President Muhammadu Buhari and the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, the minister has decided to remain silent after the meeting. He had met behind closed doors with the President at the Presidential Villa, Abuja. Kachikwu, who arrived Aso Rock around 11.30a. m. …

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President Buhari is working from the UK- Ibe Kachikwu tells BBC

Minister of State for Petroleum Resources, Dr Ibe Kachikwu, was a guest on BBC’s Hardtalks yesterday where he said that President Buhari is still working from the UK where he is currently receiving medical treatment for an undisclosed ailment. Speaking on the health condition of President Buhari, Kachikwu said “Yes, …

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Acting President, Yemi Osinbajo wants oil companies head-quarters to return to Niger Delta

The Acting President of Nigeria, Professor Yemi Osinbajo, directed the Minister of State for Petroleum,,yesterday (Thursday) to engage with International Oil Companies on the way forward over repeated calls for the relocation of their head offices to the states where they produce oil from. Most of the IOCs in Nigeria …

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Wike Holds Airport Reception For Osinbajo

Governor Nyesom Wike of Rivers State on Friday held a reception for visiting acting President, Prof Yemi Osinbajo at the Port Harcourt International Airport, Omagwa. Osinbajo who visited the Niger Delta for a peace talk over crisis going on in the region landed at the airport on his way to Bayelsa …

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Donald Trump To Attend Nigeria’s Oil And Gas Roadshow

President-elect of the United States of America (USA), Mr. Donald Trump, is billed to attend a roadshow being put together by the Federal Government as part of efforts to attract investment into the sector, Minister of Petroleum Resources, Mr. Ibe Kachikwu, has said. The Minister made the disclosure while unveiling …

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Nigeria Saves N15.4 billion Monthly From Fuel Subsidy Removal

Vice-President Yemi Osinbajo says the fuel subsidy removal has removed a burden of not less than N15.4 billion monthly from the Federal Government. Mr. Osinbajo said this in Abuja on Thursday at the 2016 presentation of scorecard of the Ministry of Petroleum Resources and Agreements Signing ceremony for Joint Venture …

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Kachikwu Faults NNPC On Petrol Price Hike

The Minister of State for Petroleum, Ibe Kachikwu, says the recent N4 increase in pump price of petrol in Nigerian National Petroleum Corporation (NNPC) filling stations and retail outlets, is wrong. Mr. Kachikwu said this after receiving an award at an event organized by the Petroleum Products Pricing Regulatory Agency (PPPRA) …

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Cook Of NNPC MD Absconds With $6m In Cash And Jewelry

A cook who served Esther Nnamdi-Ogbue, a Managing Director at the Nigeria National Petroleum Corporation (NNPC) in Abuja, has absconded with cash and pieces of jewelry worth $6million, a source told SaharaReporters on Wednesday. It was gathered that the man, identified as Gabel Segbedji, a national of Benin Republic, took …

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Niger Delta Leaders Demand Oil Blocs, 15 Other Things From Buhari

Eminent personalities, leaders and stakeholders from the Niger Delta under the auspices of the Pan-Niger Delta Forum, who earlier today met with President Muhammadu Buhari at the Aso Rock Presidential Villa, Abuja have presented a 16-point demand to him. The forum said the 16 point demands were where “quick wins” …

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Dialogue With Militants Hasn’t Collapsed – Kachikwu

The Minister of State for Petroleum, Ibe Kachikwu, has dismissed as false, speculation in some quarters that the Federal Government is working against the people of the Niger Delta region. This is just as he pointed out that the Federal Government has not pulled the plugs on ongoing dialogue with …

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No Plan To Increase Pump Price Of Petrol – FG

Nigerians can now heave a sigh of relief following assurance by the Federal Government on Monday that there is no plan to increase pump price of petrol. There were speculations that the pump price of the product, currently capped at N145 a litre, was set to be reviewed upwards. This …

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Buhari Decries Unfounded Corruption Allegations Against Ministers, Senior Govt. Officials

President Muhammadu Buhari has appealed to discerning Nigerians to ignore orchestrated attempts to sully the integrity of ministers and other senior government officials, who he said are being painted with the brush of corruption without any concrete evidence. The president was reacting to reports, particularly by online media, that the …

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Nigeria Seeks $50bn Chinese Investment As Oil Production Rises

The Minister of State for Petroleum Resources, Ibe Kachikwu, on Monday said Nigeria is seeking to raise between $40 billion and $50 billion from Chinese investors to fund key oil and gas projects in the country. This is just as he said Nigeria’s crude oil production, which took a massive hit …

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Anti-Ijaw Sentiments By Other N/Delta Ethnic Nationalities Threat To FG’s Peace Talks – IYC

Ijaw youths under the aegis of Ijaw Youth Council, IYC alleged that some leaders of ethnic nationalities and politicians in the Niger Delta have introduced a new dimension of conspiracy against the Ijaw nation following the road map to peace initiated by the Minister of State for Petroleum, Dr. Ibe Kachikwu. …

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FG Approves $7b Investment In Akwa Ibom, Says Kachikwu

Some states in the Niger Delta currently grappling with militancy, kidnapping, violent cult clashes and other vices, will be ruing their missed chances after the federal government revealed yesterday that the biggest investments in the petroleum sector are going to be sited in Akwa Ibom. The federal government, which approved …

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Buhari Orders Military To Ceasefire In Niger Delta, Seeks Dialogue With Avengers, Others

Following weeks of sustained destruction of oil and gas installations in the Niger Delta by militant groups, President Muhammadu Buhari has ordered the military to suspend operations in the region for two weeks to allow for de-escalation of tension and avenue for dialogue with the aggrieved groups. The Minister of …

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Fuel Subsidy Removal: Nigerians In Diaspora Hail Buhari, Kachikwu

The Nigerians in Diaspora Monitoring Group, has commended President Muhammadu Buhari for deregulating the petroleum downstream sector. The group described the president’s action as the beginning of economic rebirth for the country. The NDMG further said Buhari, who doubles as the Minister of Petroleum and Ibe Kachikwu, the Minister of …

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BREAKING NEWS: Reps In Closed Door Session After PDP, APC Lawmakers Engage In Shouting Match Over Kachikwu’s Presentation On Subsidy Removal

What was supposed to be a special session to discuss the recent removal of fuel subsidy by the federal government was on Monday morning turned into a rowdy session as lawmakers engaged in a shouting match. Following a scheduled presentation by the Minister of State for Petroleum, Ibe Kachikwu, who …

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