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Kachikwu

Kachikwu refutes smuggling allegation, demands retraction, compensation

Kachikwu

Former Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu has described as unfounded and disparaging allegations by Peoples Gazette that he tried to smuggle a stolen vehicle into the United States of America. It was also alleged that he received N9.7 billion in his personal bank account. Dr. Kachikwu through the legal representative, […]

Kachikwu warns Baru over incessant fuel shortages, supply

Ibe Kachikwu, Nigeria’s minister of state for petroleum resources, has given marching orders to Maikanti Baru, the Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, to end fuel scarcity in parts of the country so as not to embarrass the Federal Government ahead of a major event billed to hold in Abuja next week. This […]

Reps okays Petroleum Industry Governance Bill

Reps to probe non-payment of $7bn by asset managers

* Summons Kachikwu, Baru, PPPRA boss over fuel subsidy payments * Approves Maritime University The governance aspect of the Petroleum Industry Bill (PIB) that provides for transparency and international best practices was on Wednesday passed by the House of Representatives. The report was laid on Tuesday, before the House by the ad-hoc committee Chairman, Hon […]

Reps summon Kachikwu, Baru, PPPRA boss over fuel subsidy payments

NIMASA

*Says subsidy payments illegal, unconstitutional The House of Representatives on Wednesday, summoned the Minister of State for Petroleum Resources, Ibe Kachikwu, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Kanti Baru and the Executive Secretary of the Petroleum Products Pricing Regulatory Agency (PPPRA), Abdulkadir Saidu Umar, to appear before it’s Committee on […]

Refineries will be revived to full capacity by 2019 – Kachikwu

refineries

As FEC approves N16bn for NDDC Headquarters ‘East-West road designed to fail’ The Federal Government has disclosed that plans have been concluded to resuscitate all the refineries in the country and return them to a fully functional condition by 2019. Minister of State for Petroleum Resources, Dr Ibe Kachikwu, made this know on Wednesday shortly […]

Baru tried to bribe Senators, cancels controversial Transcorp dinner

The head of Nigeria’s state oil company is organising a special dinner for federal lawmakers in what appears to be an attempt to curry favourable treatment from members of the National Assembly. An invitation card seen by the Daily Times this afternoon indicates that dinner, at the behest of the Group Managing Director of the […]

Kachikwu, Baru, in spotlight, discuss oil fields with VP Osinbajo

Vice President Yemi Osinbajo on Wednesday met with the minister of state for petroleum resources, Dr Ibe Kachikwu and the group managing director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, at the presidential villa in Abuja. Speaking with State House correspondents at the end of the meeting, Kachikwu stated that issues around […]

FOI Act: Daily Times writes NNPC over $25bn contracts’

economist

…NNPC fights back, denies Kachikwu’s allegations …Says Baru followed due process in contract awards …Agbakoba sues FG over lopsided appointments in NNPC Myke Uzendu, Augustine Okezie, Jude Idu, Abuja and Peter Fowoyo, Lagos Invoking the Freedom of Information Act (FOI 2011), the management of The Daily Times has written to the management of the Nigerian […]

NNPC: NUPENG to Kachikwu, allegations political

NNPC

The Petroleum Tanker Drivers’ branch of the National Union of Petroleum and Natural Gas, (NUPENG) has described the ongoing supremacy battle between the Minister of State for Petroleum, Ibe Kachikwu and the Group Managing Director of the Nigerian National Petroleum Corporation, (NNPC) Dr Maikanti Baru, as deeply political, therefore calling for caution. Kachikwu in a […]

Crack in Buhari’s Govt as Kachikwu writes President over Baru

baru

…Accuses NNPC GMD of Illegalities, Insubordination …Petroleum Ministry replies says letter was leaked to press Ganiyu Obaaro, Lagos, Idu Jude Abuja, with Agency Report In what appears as a crack in the administration of President Muhammadu Buhari, two key officials of his government are currently at each other’s’ jugular over subterranean issues. The two officials […]

Kachikwu assures local oil firms of support

Minister of State for Petroleum Resources Dr. Ibe Emmanuel kachikwu, has said that his major priority in the petroleum industry, includes creating an enabling template for the survival of the local oil industries. The minister of state for petroleum, said this, while witnessing the signing of memorandum of understanding ceremony Thursday in Abuja between local […]

Kachikwu dissociates self from campaign posters

Minister of State for Petroleum Resources, Dr. Ibe Kachikwu has washed his hands off some campaign posters purportedly linked to him. A statement by the office of the minister said, “Our attention has been drawn to fake campaign posters of the Honourable Minister of State for Petroleum Resources Dr. Emmanuel Ibe Kachikwu for the 2019 […]

Kachikwu calls ‘fake’ Delta 2019 campaign posters a ‘distraction’

Dr-Ibe-Kachikwu-Nigerias-minister-of-state-for-Petroleum

Nigeria’s Minister of State for Petroleum Resources, Ibe Kachikwu has dissociated himself from fake campaign posters purporting to show him in the running for the 2019 governorship elections in his home Delta State, sighted in Abuja. In a press statement issued by the media office of the ministry, Kachikwu claimed to have “absolutely no knowledge […]

Kachikwu unfolds FG’s 2017 plan for oil sector

The Minister of State for Petroleum Resources, Ibe Kachikwu, yesterday unfolded the Federal Government’s plan for the oil sector in 2017, including passing the long-overdue Petroleum Industry Bill and overhauling of the refineries. In a statement, the minister said oil and gas policies will be restructured for maximum productivity, which will improve revenue generation by […]

Nigeria’s oil production to hit 2.1m/bpd January – Kachikwu

refineries

Petroleum Minister, Ibe Kachikwu, has said Nigeria’s oil production will reach an all-time record of 2.1 million barrels per day in January, 2017. Speaking on the oil production of Nigeria in an interview in Abu Dhabi on Thursday, the minister said the country has moved from production low of 1.4 million barrels per day, early […]

Kachikwu, oil players to brainstorm on security issue in Lagos

refineries

Minister of State for Petroleum Resources, Dr. Ibe Kachikwu and oil and gas industry players have begun meeting in Lagos to brainstorm on security, health and environmental issues. The brainstorming session which is part of the 17th series of the international Health, Safety and Environment (HSE) biennial conference of the nation’s oil and gas industry […]