Nigeria’s oil minister says revamp of country’s refineries almost concluded

Posted by - March 6, 2018

Nigeria’s minister of State for Petroleum Resources, Mr. Ibe Kachikwu, at the weekend, stated that the ongoing process of revamping the country’s existing refineries is almost concluded, Vanguard newspaper reports. Speaking at the 2018 Oloibiri Lecture Series and Energy Forum, organized by the Society of Petroleum Engineers (SPE), Kachikwu disclosed that efforts aimed at improving the business

Oil price drop does not threaten Nigeria: Kachikwu

Posted by - February 15, 2018

Nigerian oil minister Emmanuel Ibe Kachikwu said he was “not ruffled” by the recent oil price decline and OPEC member nations needed to focus on their production costs, Reuters reports. “OPEC needs to just focus on itself and focus on what it needs to do and forget what is happening in shale … Every OPEC producer

Fuel scarcity: Kachikwu orders NNPC to release stored petroleum products

Posted by - December 6, 2017

Worried about the implications of fuel queues at this time of the year, the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, on Monday ordered the Nigerian National Petroleum Corporation (NNPC) to release all products in storage to cover for the current shortfalls that might have precipitated the resurgence of fuel queues. A source

Call Baru and Kachikwu to order now! ACF tells Buhari

Posted by - October 13, 2017

Arewa Consultative Forum, ACF, has called on President Muhammadu Buhari to call Minister of State for Petroleum Resources, Dr Ibe Kachikwu, and Group Managing Director of Nigerian National Petroleum Corporation, NNPC, Dr. Maikanti Baru, to order over their public exchanges on the running of the country’s petroleum affairs. In a statement issued at the end

EFCC Report on Kachikwu Leaked

Posted by - October 5, 2017

Media sources have obtained and released a document containing ongoing investigations by the EFCC on the Minister of State for Petroleum, Ibe Kachikwu. The document, released by The Will, is said to have been shared with the Vice President, Prof Yemi Osinbajo. Find Photos of the document below:

Full Text of Kachikwu’s Memo to Buhari

Posted by - October 5, 2017

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu recently erote a letter to President Buhari, expressing his discontentment with certain incidents going on in the oil and gas sector. In the controversial letter, which has since gone viral, Kachikwu also accused the GMD of NNPC, Maikantu Baru of sidlining him and undermining his