Dr. Ibe Kachikwu – InfoStride News

Dr Ibe Kachikwu Was Not Billed To Attend The US Summit – Idang Alibi

David Folami — Tue, 24 Apr 2018 13:01:08 +0000

Dr Ibe Kachikwu has refuted reports that he was absent at an intended meeting with investors in the U.S. alongside other ministers. A statement in Abuja by the spokesman for the Ministry Mr Idang Alibi, said Kachikwu was at another investors meeting in the UK. The statement read in part ”the office of the Minister [...]

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Nigeria To Jettison Some Oil And Gas Projects To Cut Costs

Wale Adebayo — Tue, 15 Dec 2015 07:45:23 +0000

Due to the falling price of crude oil in the global markets, Nigerian Government, yesterday, said that it would drop some planned and ongoing oil and gas projects in the country if the unit price of crude oil for such projects fails to hit a set threshold. FG put the threshold at $20 per barrel. Minister [...]

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Kachikwu Discloses FG’s Plan To Privatize Pipeline Network

Wale Adebayo — Wed, 02 Dec 2015 20:00:50 +0000

Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, yesterday said that the Federal Government plans to privatize the petroleum products pipeline network in the country to minimize the issue of perennial vandalism and ensure availability of products in the country next year. Kachikwu stated this while touring products depots in Apapa area of Lagos. [...]

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Fuel Scarcity: Port Harcourt Refinery Ready To Resume Production This Week

Wale Adebayo — Mon, 30 Nov 2015 22:38:49 +0000

Amid lingering fuel scarcity across the country, the Port Harcourt Refining Company (PHRC) Limited will this week activate all its process in a bid to ameliorate the problem. This development was sequel to the successful completion of repair work at the PHRC crude distillation unit, where one of the columns collapsed last month and forced [...]

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Nigeria On The Verge Of Crude Oil Discovery At The Chad Basin – NNPC

Wale Adebayo — Mon, 09 Nov 2015 08:55:53 +0000

Nigeria may well be on the verge of a significant breakthrough in the discovery of oil in the lake Chad area in North East if the analysis of recent seismic 3D data generated from the Chad Basin is anything to go by. The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Dr. Ibe [...]

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NNPC’s GMD Reaffirms Commitment To Refine Nigeria’s Crude Oil Locally To Meet Immediate Domestic Needs

Wale Adebayo — Fri, 23 Oct 2015 07:27:14 +0000

With the nation’s refineries, especially the Port Harcourt Refinery Company (PHRC) roaring back to life, the Nigerian National Petroleum Corporation, NNPC, yesterday in Benin, the Edo State capital, said the country’s crude oil would be processed to meet immediate domestic needs. The NNPC’s Group Managing Director, Dr. Ibe Kachikwu, who spoke at this year’s NNPC [...]

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#Nigeria > Nigeria To Save $1bn When Local Refineries Commence Full Production – NNPC GMD

Wale Adebayo — Mon, 07 Sep 2015 11:30:55 +0000

A preliminary report submitted to President Muhammadu Buhari by the Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Dr. Ibe Kachikwu, has shown that $1 billion in foreign exchange will be saved from fuel import substitution when local refineries commence full production. The submission of the report was confirmed by the president’s [...]

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