Nigeria’s former Minister of State for Petroleum, Ibe Kachikwu has finally reacted to a report that he smuggled a stolen luxury car to the United States of America. On Monday, Kachikwu made headlines after the report also revealed that the vehicle was impounded by the US customs on suspicion of being stolen. However, in a […]
The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has described as false and baseless report making rounds that he claimed graduating from the University of Nigeria, Nsukka (UNN), with a First Class degree. The minister made the clarification in a statement signed by the Director of Press in the Ministry of Petroleum Resources, […]
The Minister of State for Petroleum Resources, Mr Ibe Kachikwu, said the Oil and Gas sector in Nigeria had witnessed positive transformation since the “Declaration of Cooperation” by OPEC and non-OPEC members. Kachikwu said this in an interview with journalists on the sideline of the 7th OPEC International Seminar taking place in Vienna, Austria, with […]
The Minister of State for Petroleum Resources, Dr Ibe Kachikwu on Monday gave clarification to “Nigeria currently incurs over N1.4 trillion till date as under-recovery or losses on the importation and sale of petrol”. The Director of Press and Public Relations in the Ministry of Petroleum Resources, Idang Alibi, in a statement made available on […]
* Seek proactive measures to mitigate against air mishaps nationwide * Raise concern on complicity between airline operators, regulatory bodies * Stop NNPC’s $1.8bn expenditure on 4 refineries TAM The House of Representatives, on Thursday, endorsed a holistic probe of the nation’s aviation sector to ascertain the technical and operational status of all registered private […]
Augustine Okezie, Abuja The Asokoro residence of the Minister of state for Petroleum resources, Ibe Kachikwu in Abuja, was on Sunday evening gutted by fire. However, Kachikwu was not at home when the incidence happened. According to reports, the fire, which started in his bedroom, was suspected to have been caused by an electrical fault […]
By Priye John It is no longer news that the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, wrote a ‘memo’ or letter to President Muhammadu Buhari alleging contract awards to the tune of $25 billion in one year. Kachikwu had, in a leaked memo recently, accused Baru of insubordination and reversal of some […]
If a war foretold does not take the cripple by surprise, the Minister of State for Petroleum Resources, Ibe Kachikwu, is in a situation worse than physical handicap. He’s a victim of his own naivety but his appointer could be in a bigger dilemma. The warning shot was fired one year ago when Kachikwu was […]
Vice President, Prof. Yemi Osinbajo, has taken responsibility for granting authorisation to the NNPC for two oil contracts worth ₦640 billion. A statement by his spokesperson, Laolu Akande, said Prof. Osinbajo approved the contracts in his capacity as acting president in July. “In response to media inquiries on NNPC joint venture financing, VP Osinbajo, as […]
The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Dr Mainkanti Baru, has claimed that the minister of state for petroleum, Dr Ibe Kachikwu, lied about not being involved in the contracting process. “Furthermore, contrary to the assertion of Dr. Kachikwu that he was never involved in the 2017/2018 contracting process for the […]
The Ministry of Petroleum Resources has responded to the leak of the Minister of State, Ibe Kachikwu’s letter, to the public. In a press statement signed by Idang Alibi, the ministry bemoaned the leak of a ‘private’ communication to the public. The full statement is reproduced below. PRESS STATEMENT PUBLICATION OF A CONFIDENTIAL OFFICIAL CORRESPONDENCE […]
The meeting of the Joint Ministerial Monitoring Committee of OPEC and Non OPEC Countries in Vienna on Friday endorsed Nigeria’s position that the exemption granted it at last year’s conference be sustained until the country stabilises its crude oil production. Dr. Emmanuel Ibe Kachikwu, Nigeria’s Minister of State for Petroleum Resources, who led Nigeria’s delegation […]