Former Minister of State for Petroleum Resources Ibe Kachikwu has disclosed that former President Muhammadu Buhari rejected proposals to hand over the Port Harcourt refinery to private investors, including Saudi Arabia and Qatar, for rehabilitation during his tenure.
Anti-Corruption Hero, President Buhari Leads by Example
By Garba Shehu
As he marks today, December 17 as his birthday, Muhammadu Buhari, driver of change and mobiliser of voters continues in his role as President and Commander-in-Chief of the Armed Forces of Nigeria, leading by setting examples as the...
Nigeria’s Oil Deposit Down By 2.16% To 36 Barrels - NNPC
The Nigerian National Petroleum Corporation (NNPC) has disclosed that the volume of oil deposits Nigeria holds declined by 2.16 per cent between 2018 and 2019 and is now 36.89 barrels (bbls).
While the country’s oil...
NNPC Reduces Debts To IOCs To $1.58bn, Pays Off Mobil
Out of about $4.6 billion negotiated joint venture (JV) oil production debt Nigeria was owing international oil companies (IOCs), about $3.02 billion has been paid by the Nigerian National Petroleum Corporation (NNPC), leaving about $1.58...
We'll Repair Refineries Without FG's Funds - Kachikwu
The repair of Nigeria’s four refineries will be done without the Federal Government’s money, President Muhammadu Buhari has said.
It was also gathered that the current administration has not spent any dime on the repairs of Nigeria’s refineries...
FG Considers Legal Tool for offshore gas
The Federal Government would have settled the contractual structure that would aid the country to unlock gas offshore instead of depending solely on the Niger Delta .by the end of the month.
Kachikwu, who spoke at the ongoing Nigerian...
