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Petroleum Products Pricing a Major Challenge-Kachikwu

Petroleum Products Pricing  a Major Challenge- Kachikwu The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, said there is need to urgently address issues surrounding pricing of petroleum products as it remained a major challenge in the sector. Kachikwu disclosed this at the ongoing Nigeria...

Stakeholders Want Niger Delta Dialogue Sustained

Stakeholders Want Niger Delta Dialogue Sustained Stakeholders in the oil and gas sector have called on the federal government to ensure continuous dialogue with the Niger Delta militants for sustainable peace in the sector. They spoke in Abuja at the ongoing Nigeria International Petroleum Summit (NIPS) The...

Kachikwu Keeps Mum After Meeting Buhari

The Minister of State for Petroleum Resources, Emmanuel Ibe Kachikwu, did not disclose the outcome of his meeting with President Muhammadu Buhari to State House correspondents on Friday. The closed-door meeting, which was held inside the president's office at the Aso Rock Presidential Villa in Abuja,...

Buhari Appoints New GMD NNPC as Kachikwu to chair board

President Muhammadu Buhari has approved the appointment of Dr Maikanti Kacalla Baru as the Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC). Baru is taking over from Dr Emmanuel Ibe Kachikwu, the Minister of State for Petroleum, who now chairs the Board...

Nigeria Losing 800,000 Barrels Of Oil Daily – Kachikwu

Nigeria’s crude oil production has fallen by almost 40 per cent to 1.4 million barrels per day due to militant attacks on facilities in the Niger Delta. The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, stated addressing members of the House of Representatives,...

Kachikwu: Subsidy Removal Will Save N16.4bn Paid to Marketers Monthly

...NLC’s planned strike faces headwinds, House to deliberate on fuel price hike today The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said that the federal government would have had to cough up N16.4 billion every month to offset the subsidy claims of...