Tuesday , 25 April 2017

Tag Archives: Ibe Kachikwu

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

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) …

Read More »

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 …

Read More »

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” …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

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. …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

Fuel Price Will Go Downwards In Few Months’ Time, Kachikwu Assures Nigerians

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu has told Nigerians to bear with government over the recent increment in price of petrol, saying in few months’ time, the price will go downwards. “You will be amazed at what will happen to your N145 price because it will …

Read More »

FG To Install Trackers On Petroleum Tankers Over Fuel Diversion To Chad, Cameroon – Kachikwu

The Federal Government has blamed unscrupulous dealers for the lingering fuel scarcity in some parts of the country, vowing henceforth, trackers would be installed on trucks to monitor criminal diversion of petroleum products from the points of distribution. The Minister of State for Petroleum, Ibe Kachikwu, made this known yesterday …

Read More »

NNPC Debunks Rumor Of Kachikwu’s Sack By Buhari

The Nigerian National Petroleum Corporation, NNPC, has described as “completely false”, a widely circulated report that its Group Managing Director, Ibe Kachikwu, has been sacked by President Muhammadu Buhari. The NNPC said Kachikwu, who doubles as the Minister of State for Petroleum, is still in office discharging the duties assigned …

Read More »

Fuel Scarcity Over By End Of Next Week, Says Kachikwu

The Minister of State for Petroleum Resources, Ibe Kachikwu, yesterday expressed confidence that Premium Motor Spirit will be available every part of the country by the end of next week. This came again after an earlier promise that the persistent queues for PMS at filling stations across the country would …

Read More »

Notice: Undefined index: enable_manual_switch in /home2/informng/public_html/wp-content/plugins/mobile-smart/mobile-smart.php on line 946