ibe kachikwu

The Nigerian government will soon review the pump price of petrol in Nigeria, Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has announced. FG would undertake a review of the pricing template for the commodity to forestall a further increase in the price of the commodity, he said...

A cook who served Esther Nnamdi-Ogbue, a Managing Director at the Nigeria National Petroleum Corporation (NNPC) in Abuja, has absconded with cash and pieces of jewelry worth $6million. Sahara Reporters on Wednesday gathered that the man, identified as Gabel Segbedji, a national of Benin...

President Muhummadu Buhari has unveiled Seven Big Wins, as part of short to medium term strategy framework with robust priorities to grow Nigeria’s oil and gas sector. The seven big wins to revamp and revive the sector will focus on key areas including Niger Delta development and security of...

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said that Nigeria will soon close the deal on a $3 billion to $4 billion loan from China that will be channelled towards the provision of infrastructure in the oil and gas sector. Kachikwu disclosed this at the end of the...

Minister of State for Petroleum Resources, Ibe Kachikwu, and the Group Managing Director of the NNPC, Maikantu Baru held a closed door meeting with President Muhammadu Buhari on Monday, 5th 2016. The meeting came after the marketers expressed support over the decision reached at a gathering of...

The granddaughter of Nigeria's Minister of state for Petroleum Resources, Ibe Kachikwu recently turned one. See photos from her birthday celebration:

Nigeria's Minister of State for Petroleum Resources, Dr. Ibe Kachikwu on Thursday revealed that there's nothing to show for the $40bn released to the Niger Delta in the last 10 years. Speaking with Niger Delta Coastal Monarchs in Abuja, he said there's no infrastructure reflecting the money...

Nigeria's Minister of State for Petroleum Resources, Ibe Kachikwu, has stated that Nigerians will continue to suffer from naira depreciation until the countries refineries are fully operational. According to Kachikwu, fuel importation accounts for between 30 and 40 per cent of foreign exchange...

President Muhammadu Buhari has reacted to reports flying that he has ordered the probe of former NNPC Boss, Dr. Ibe Kachikwu. Buhari appealed to discerning Nigerians to ignore orchestrated attempts to sully the integrity of ministers and other senior government officials, who are being tarred...

President Muhammadu Buhari has reportedly ordered a probe into the tenure of Ibe Kachikwu as Group Managing Director, GMD, of the Nigeria National Petroleum Corporation, NNPC. FINANCIAL WATCH reports that the probe follows allegations of favouritism in the allocation of crude oil to certain...

The Niger Delta Indigenous Movement for Radical Change, (NDIMRC) has tackled President Muhammadu Buhari over the appointment of Dr. Maikanti Kacalla Baru as the new Group Managing Director of Nigerian National Petroleum Corporation (NNPC). In a press statement by its President, Nelly Emma...

Fresh facts have emerged as to the underlying reasons the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, was removed as the Group Managing Director of the Nigeria National Petroleum Corporation(NNPC), after serving in that capacity for a period of 11 months. Before his...

President Muhammadu Buhari on Monday approved the appointment of Dr. Maikanti Baru as the new GMD of NNPC ending an 11-month tenure of former Director, Ibe Kachikwu. Nigerian Bulletin highlights 11 of Kachikwu’s 11-month tenure. 1. Deregulation of the oil sector. With this, the corporation...

Nigeria's Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has assured that the demands of aggrieved oil workers will be met. Oil workers had threatened to embark on a nationwide strike which will cause fuel scarcity and cripple the country's oil sector. “We have listened to all...

Minister of State for Petroleum Resources, Mr. Ibe Kachikwu, Friday, formally stepped down as the Group Managing Director, GMD of the Nigerian National Petroleum Corporation, NNPC, with the handing over to the new helmsman, Mr. Maikanti Baru. Speaking during the handover in Abuja, Kachikwu...

The Niger Delta Indigenous Movement For Radical Change, NDIMRC, has condemned President Muhammadu Buhari for removing Dr Ibe Kachikwu as the Group Managing Director of the NNPC. Buhari recently replaced Kachikwu with Maikanti Baru as the GMD of NNPC. NDIMRC said this is wrong. “We are sad...

President Muhammadu Buhari has removed Ibe Kachikwu as GMD of the Nigerian National Petroleum Corporation, NNPC. He has also constituted a new board by announcing Maikanti Baru as new GMD as provided for under Section 1(2) of the Nigerian National Petroleum Corporation Act of 1997, as amended.

Nigeria's Minister of State for Petroleum Resources, Ibe Kachikwu, has lauded the Central Bank of Nigeria, CBN, for allowing the Naira to float at the foreign exchange market. In an interview with CCTV, Kachikwu agreed that Nigeria's currency swap deal with China will help stable the naira...

Nigeria's Minister of State for Petroleum Resources, Emmanuel Ibe Kachikwu has expressed hope that Nigeria was expected to reduce fuel importation by 2018 and stop it completely the following year. “I have faith that if we put the money where we should and quickly, my eyes are set on 2018 or...

Three Niger Delta militant groups have issued a joint statement warning Nigeria's Minister of State for Petroleum Resources, Ibe Kachikwu, against negotiating with the Niger Delta Avengers (NDA) and the Movement for the Emancipation of the Niger Delta (MEND), in a bid to end the continued...