Tag: Kachikwu
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U.S. Investment Summit: Kachikwu replies Sanusi, explains why he was absent
The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, on Monday refuted reports that he was absent at an intended meeting with investors in the U.S. alongside other ministers. A statement in Abuja by the spokesman for the Ministry Mr Idang Alibi, said Kachikwu was at another investors meeting in the UK. The statent…
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Falana writes Kachikwu, demands explanation on N1.4 trillion fuel subsidy payments
A human rights activist, Femi Falana, on Tuesday filed a Freedom of Information request to the Ministry of Petroleum Resources demanding details of how the federal government’s payment of N261.4 billion per annum in fuel subsidy skyrocketed to N1.4 trillion. In the FOI request which was addressed to Ibe Kachikwu [The letter was sighted by,…
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Kachikwu speaks on ‘payment’ of Yufu Buhari’s medical, private jet bills
Minister of State for Petroleum Resources, Dr. Ibe Kachikwu has debunked reports that he cleared the bill for the medical treatment of the president’s son, Yusuf Buhari. Yusuf was flown abroad for further treatment after he and his friend, Bashir Gwandu, were severely injured along Gwarimpa road in Abuja on December 26, 2017. Yusuf, who…
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NANS commends Kachikwu for hosting International Petroleum Summit in Abuja
The National Association of Nigerian Students (NANS) has commended Dr Ibe Kachikwu, the Minister of State for Petroleum, over Nigeria’s hosting of the International Petroleum Summit (NIPS). NANS President Chinonso Obasi said in a statement issued in Abuja that the hosting a summit of such magnitude for the first time was a good omen for…
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Scarcity: What we are doing to clear fuel queues – Kachikwu
The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, on Thursday, said the Federal Government is doing all it can to clear queues in filling stations, especially in the Abuja metropolis. The minister also said he has directed the Nigerian National Petroleum Corporation (NNPC) to ensure that petrol queues were cleared in Abuja before…
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Malabu Oil Deal: Accept agreement ceding POL 254 to Shell, Eni – Kachikwu tells Buhari
The Minister of State for Petroleum, Ibe Kachikwu, has advised President Muhammadu Buhari to cede controversial OPL 245 oil bloc to oil firms, Royal Dutch Shell and Eni. According to a report by Premium Times, details of the advice was contained in a leaked memo written by the oil minister in December 2017 asking Mr…
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Fuel pricing: Kachikwu’s desperate options, By Henry Boyo
By Henry Boyo Thankfully, more fuel stations are gradually reopening for ‘normal’ business, while the severe social agony and angst instigated by the recent acute scarcity, has significantly eased, with the reported improvement in NNPC’s fuel stock. Nevertheless, Nigerians may not sleep with both eyes closed yet, as another scarcity with its usual trail of…
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Fuel scarcity: Kachikwu allays fears, insists ‘no plans to increase pump price of PMS’
The Minister of State for Petroleum, Ibe Kachikwu, has denied news reports that the federal government was planning to jack up the pump price of petrol, at present fixed at N145 per litre. Idang Alibi, the Director of Press in the ministry in a statement on Thursday night, clarified the minister’s submission made to the…
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Nigeria’s inability to refine crude oil shameful – Kachikwu
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, on Thursday, described as shameful Nigeria’s inability to refine her crude oil. He stated this during the investigative public hearing on the current scarcity of petrol in different parts of the country. The minister vowed that the Federal Government would ultimately address the problem. Meanwhile,…
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Presidency summons Kachikwu, Baru, SSS, other stakeholders over lingering fuel scarcity
The Presidency on Tuesday in Abuja summoned critical stakeholders in the nation’s oil sector and the leadership of security agencies in the country to end the scarcity of petrol in the country. The News Agency of Nigeria reports that the meeting, presided by the Chief of Staff to the President, Abba Kyari, is being held…