AdminMar 9, 20162 min readI never said NNPC will be unbundled into 30 companies – KachikwuHe disclosed that what was ignored in his statement about the new structure of the NNPC is that there will be “subsets. Subset is the...
AdminMar 9, 20162 min readKachikwu regrets current fuel scarcity, says importation will end in 12 to 18 monthsHe stated this in Abuja on Tuesday at a press conference where he announced the unbundling of the Nigerian National Petroleum...
AdminMar 3, 20161 min readFG to overhaul NNPC next week – KachikwuKachikwu made the disclosure at the Shell Production and Exploration Oloibiri Lecture Series held in Abuja. He said the Federal...
AdminFeb 29, 20161 min readCrude oil will soon sell for $50 per barrel – KachikwuSpeaking with CNBC’s Fast Money, the Minister disclosed that he will continue to push for production freeze consensus and was upbeat that...
AdminFeb 18, 20162 min readNigeria’s oil sector mismanaged for past 25 years – KachikwuThis is also as he raised the hope that in spite of the crash in oil price in the global market, the oil industry will stand and rise...
AdminFeb 15, 20162 min readI lose at least $1m yearly serving as Nigerian Petroleum Minister – KachikwuKachikwu who spoke in Abuja, said the love of his father land made him to jettison his former job which was more financially...
AdminFeb 5, 20162 min readNo plans to carry out mass sack in NNPC – Kachikwu​ He stated this on Thursday when he met with labour union leaders in the oil and gas sector in Abuja. According to him, government will...
AdminJan 12, 20162 min readKachikwu urges oil marketers to adhere to official pump price, hints at more NNPC mega stationsKachikwu who is also the group Managing Director of the NNPC, warned against the hike in pump price of petrol by marketers, urging them...
AdminDec 29, 20152 min readUS to resume purchase of Nigeria’s crude oil – KachikwuHe stated that the rekindled relationship was as a result of President Muhammadu Buhari’s visit to the US in July this year. The...
AdminDec 28, 20151 min readNigeria will import fuel beyond 2016 – KachikwuAddressing newsmen at a Press Conference shortly after a tour of the Kaduna Refining and Petrochemicals Company on Sunday, Kachikwu said...
AdminDec 26, 20151 min readRefineries will start paying into federation account from 2016 – KachikwuThe refineries are subsidiaries of the Nigerian National Petroleum Corporation, NNPC, which is the body expected to make the payments....
AdminDec 25, 20153 min readFG to reduce petrol to N85 per litre from January 1, 2016The Minister of State for Petroleum, Dr. Emmanuel Ibe Kachikwu broke the news to journalists in the Port Hacourt Refinery Company (PHRC),...
AdminDec 22, 20151 min readFuel scarcity will be over soon – Petroleum Minister, Kachikwu assures NigeriansKachikwu gave this assurance after registering his presence on micro-blogging site, Twitter. In series of tweets, the minister said...
AdminDec 21, 20152 min readFuel scarcity: 200 truck loads of fuel arrive in AbujaThis is contained in a statement signed by Mr Ohi Alegbe, Group General Manager, Group Public Affairs Division, on Monday in Abuja. “In...
AdminDec 20, 20151 min readI will transform the petroleum sector in 365 days – KachikwuKachikwu made the pledge yesterday at his country home in Onicha-Ugbo, Aniocha North Local Government Area of Delta State when chieftains...
AdminDec 17, 20153 min readWe are going to focus on price modulation, not subsidy removal – KachikwuKachikwu said this while addressing newsmen on Thursday in Abuja. He said the price modulation had nothing to do with the removal or...
AdminDec 15, 20151 min readFG to remove fuel subsidy in 2016 – KachikwuKachukwu told the Senate/House of Reps joint committee on the Medium Term Expenditure Framework, MTEF, that the subsidy bill was “on the...
AdminDec 5, 20152 min readKachikwu removed as OPEC president after two daysKachikwu, minister of state for petroleum, became OPEC president only on Wednesday, replacing Diezani Alison-Madueke. However, a fresh...
AdminDec 2, 20151 min readMinister of State, Kachikwu replaces Alison-Madueke as OPEC PresidentIn November 2014, Alison-Madueke was named the first female president of OPEC when she was elected at the 166th ordinary meeting of the...
AdminNov 18, 20152 min readForce all stations hoarding fuel to sell for free – Kachikwu orders DPRDr Ibe Kachikwu, the Minister of State, Petroleum Resources, announced this during his tour and monitoring of fuel stations in the...
