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Business Kachiwku Writes Buhari, Accuses NNPC GMD, Baru Of Illegalities [See LETTER}
The Minister of State for Petroleum, Ibe Kachikwu, has reported the Group Managing Director of the NNPC, Maikanti Baru, to President Muhammadu Buhari, urging him to take urgent actions on matters ranging from alleged illegal practices to insubordination. Mr. Kachikwu said he found it pertinent...- ProfRem
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Business FG Says Nigeria's Crude Oil Output Rise To 2.06m b/d in July
Nigeria's average oil production including condensates, increased to 2.06 million barrels per day (mb/d) last month, from 2.05 million b/d in June, as the country continued to ramp up production amidst retention of output concession from the Organisation of Petroleum Exporting Countries (OPEC)...- ProfRem
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Business Nigeria's Oil Reserve Will Dry Up in 30Years - Presidency
Minister of State for Petroleum Resources, Dr Ibe Kachikwu on Wednesday said that Nigeria's oil reserves will will dry up in 30years. Kachikwu made the remark while representing President Muihammadu Buhari at the 5th triennial delegates conference of the Petroleum & Natural Gas Senior Staff...- abujagirl
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Entertainment Petroleum Minister Dances Flavour's Ada Ada Song [VIDEO]
Ibe Kachikwu, Nigeria's minister of state for Petroleum Resources sure knows how to have a good time. Watch Video of Kachikwu dancing to Falvour's 'Ada Ada' :- abujagirl
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Business Why Refineries Bidding Will Be Done In Secret - Kachikwu
The Minister of State for Petroleum Resources, Ibe Kachikwu has said bidding for refineries repair cannot be done in an openly. The Minister told Daily Trust in Vienna, Austria on Thursday at the 172nd OPEC meeting, that refineries concession “Is a highly technical area, what we have done is...- ProfRem
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Politics Buhari Attends Meetings, Works From London - Kachikwu
The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, says that President Muhammadu Buhari is still working from London where he is currently receiving medical treatment. Kachikwu, who put up a strong defence for Nigeria’s sick President during a BBC Hard Talk interview in London on...- ProfRem
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- bbc hard talk buhari works from london buhari's health ibe kachikwu muhammadu buhari nigeria news nigeria's president
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Business FG To Re-visit Pump Price of Petrol
Federal government is ready to re-visit the pricing modulation model introduced in 2016 and remove the multi-layer charges on importation of petroleum products to maintain the pump price of petrol at the current N145 per litre. The Minister of State for Petroleum, Dr. Ibe Kachikwu while...- ProfRem
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Business Why FG Will Revoke Licenses Of Private Refineries - Kachikwu
The Federal Government on Wednesday said it would revoke the licenses given to individuals and corporate organisations for the establishment of private refineries but were not utilized. The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, while speaking on the sidelines of ongoing...- ProfRem
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Politics Kachikwu - Buhari Will Win 2019 Election
Ibe Kachikwu, Nigeria's Minister of Petroleum Resources is confident that President Muhammadu Buhari will win the 2019 presidential elections if he runs. Speaking with CNN anchor, Richard Quest, who is visiting Nigeria, Kachikwu talked about the Nigerian economy. On the progress of the...- abujagirl
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- ibe kachikwu muhammadu buhari naija news richard quest
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Business Nigerian Government To Begin Oil Bloc Bid, Allocation In May
The Federal Government has settled for May, 2017 for the commencement of a new licensing round for award of oil blocs and allocation of marginal fields to potential investors. New Telegraph sighted a memo from the Ministry of Petroleum Resources which revealed that the minister, Dr. Emmanuel...- ProfRem
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- ibe kachikwu muhammadu buahari nigeria oil allocation is may 2017 nigerian government to begin oil bloc bid oil bloc allocation in nigeria oil companies investors
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Business Nigeria's Oil Production Hits 2 Million Barrels Daily
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu on Wednesday disclosed that crude oil production in the country had risen to two million barrels per day. Kachikwu made the disclosure when he met with the House of Representatives Committee on Petroleum Resources (Upstream)...- ProfRem
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Politics Nigeria's Oil Minister Kachikwu Meets Pope Francis [PHOTO]
Nigeria's Minister of State for Petroleum Resources, Ibe Kachikwu, on Thursday was received by Pope Francis in Rome this week.- LequteMan
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Business Nigeria's Barkindo, Other OPEC Ministers In Closed-Door Meeting Over Oil Production Cut
Nigeria's Mohammed Barkindo and other ministers of the Organisation of Petroleum Exporting Countries (OPEC) are curenttly meeting in closed-door in Vienna to determine and reach a consensus to cut oil production and prop up global prices. The meeting is to resolve differences between OPEC’s...- ProfRem
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Politics Senate Summons Kachikwu Over Multi-billion Oil Deals With China, India
The Senate on Tuesday asked the Minister of State for Petroleum Resources, Mr. Ibe Kachikwu to appear before a joint committee to explain a multiple multi-billion oil deals with India and China. The invitation followed a motion moved by Senator Clifford Ordia (PDP, Edo) who noted that though...- ProfRem
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- ibe kachikwu multi-billion oil deals with china nigeria news nigerian senate summon kachikwu nigerianbulletin
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Politics President Buhari Inaugurates Boards of NNPC, 2 Others
President Muhammadu Buhari on Friday inaugurated the governing boards of three parastatals of the Ministry of Petroleum Resources. The parastatals include the Nigerian National Petroleum Corporation, Nigerian Content Development Monitoring Board and the Nigeria Nuclear Regulatory Authority...- ProfRem
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Politics Nigerian Senate Passes Maritime University Bill
The bill for establishment of Nigerian Maritime University at Okerenkoko in Delta State, on Wednesday scaled second reading at the Senate, months after Minister of Transport, Rotimi Amaechi, announced scrapping of the project. The bill sponsored by James Manager (PDP-Delta) was unanimously...- ProfRem
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Business NNPC GMD Baru Under Fire for Bypassing Kachikwu to Make Fresh Appointments
Group Managing Director of the NNPC, Maikanti Baru is receiving some heat for making some fresh appointments in top positions of Nigeria's state oil firm. According to The Sun, oil and gas stakeholders are faulting last weekend’s appointment and redeployments, among which is the appointment...- LequteMan
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Metro Niger Delta Militancy Will Soon be Over - Ibe Kachikwu
Nigeria's Minister of State for Petroleum Resources, Ibe Kachikwu, has expressed optimism that the security challenges in the Niger Delta will soon be over. He expressed sadness that in spite of months of intensive personal and collective efforts to engage all stakeholders in the region and...- LequteMan
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Business Why We Increased Fuel Price to N145 Per Litre - NNPC
The Nigerian National Petroleum Corporation (NNPC) On Monday said the recent price adjustment at its mega stations from N141 to N145 per litre is still within the price band of N135 and N145 per litre approved on May 11 by the federal government. It also denied reports of an imminent increase...- ProfRem
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Metro Oil Minister Kachikwu Condemns NNPC For Hiking Pump Price of Petrol
Nigeria's Minister of State for Petroleum Resources, Ibe Kachikwu, has condemned the NNPC over the recent increment of petrol pump price at its depots. The firm had increased the price of the commodity from N141 to N145 per litre days ago, prompting some oil marketers to hike theirs to N150 per...- LequteMan
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