Due Process: Between Security Votes and Oil Contracts By Yushau A. Shuaib Successive administrations in Nigeria, including the current one claim to promote transparency and accountability by following due process in financial dealings and public procurements. Nevertheless, governments at all levels avoid strict compliance with standard...

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said that the government will resist crude oil output cuts until it meets with the Organisation of Petroleum Exporting Countries (OPEC) and Russia later this month. The Minister of State for Petroleum Resources, Dr....

The Federal Government has promised to support Dangote refinery to fast track its completion and fulfill promise of ending fuel importation by December 2019. The Minister of State Petroleum, Ibe Kachikwu, made the disclosure during a visit to the Dangote Oil Refinery site at the...

The Federal Executive Council (FEC) has approved new policies for oil and labour sectors of the economy. The Minister of State for Petroleum Resources Dr. Ibe Kachikwu and Minister of Labour Chris Ngige spoke to State House correspondents at the end of the council meeting...

Implementation of 2017 Budget is under threat by uncertainties in the global oil market, the Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has said. Kachikwu told journalists on Wednesday in Abuja that the Ministry of Finance and the Federal Executive Council were, however,...

…As NNPC GMD Marks a Year Anniversary The Nigerian National Petroleum Corporation, NNPC, has secured $2billion discounts in the last one year from renegotiated Upstream contracts being executed by its various service providers. The Corporation said the feat was achieved in the quest to continually drive...