His Largeness, our distinguished Secretary to the Government of the Federation, SGF, Babachir Lawal, recently gave Dr. Ibe Kachikwu matching orders to take over the Delta State chapter of our party, the All Progressives Congress, APC. He apparently selectivity invited Delta APC members to his office or at any rate was invited by them to […]
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The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has negotiated a 15- billion dollar investment with Indian Government for the oil and gas sector. A statement signed by Mr Idang Alibi, Director, Press Ministry of Petroleum Resources, in Abuja on Monday, stated that the negotiations were part of the three-day investment drive of […]
Continue ReadingFormer and present Group Managing Directors of the Nigerian National Petroleum Corporation(NNPC) have expressed fears that the current pump price of N145 per litre is no longer feasible. They said the amount does not correspond with the price-determining components of the commodity and the fluctuations of the foreign exchange rate. They stated this after a […]
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An Urhobo militant group, Niger Delta Greenland Justice Movement, NDGJM, in the early hours of today, blew up the Ogor-Oteri major delivery line, operated by the Nigeria Petroleum Development Company and Shorelines Petroleum in the state. The group in a statement by its leader, “Gen” Aldo Agbalaja, in a statement, claiming responsibility for the attack […]
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THE Minister for Petroleum Resources (State), Dr. Ibe Kachikwu has said that the Niger Delta region might lose 80 billion dollars investment funds he has raised from China for the development of the gas sector in the region if people of the region do not embrace peace. Dr. Kachikwu stated this at the weekend when […]
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The minister of state for petroleum, Dr. Ibe Kachikwu has bemoaned the absence of infrastructure in the Niger Delta even though the federal government has committed more than $40 billion to the region over the last 12 years. Speaking in Warri, Delta state, on Friday after meeting with Edwin Clark and other Niger Delta leaders […]
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The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, says Nigeria has recorded 1,600 cases of pipeline vandalism since January – Aug 18, 2016 Kachikwu made the disclosure at the 2016 Annual Conference of National Association of Energy Correspondents with the theme, “Low Oil Price: Impact and the Way Forward”, in Lagos on Thursday. […]
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President Muhammadu Buhari has ordered a probe into the current lists of crude oil takers, swap deals and liquefied natural gas lifting lists which were in operation under the regime of outgoing Group Managing Director, GMD, of the NNPC, Dr. Ibe Kachikwu. This follow allegations of favouritism in the allocation of crude oil to certain […]
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A fresh approach to resolve the Niger Delta crisis is being planned by the federal government going by the statement of the Minister of State for Petroleum, Dr. Ibe Kachikwu. The Minister told journalists on the sideline of the just concluded roadshow in China that the government is planning a three-stage approach to ensure permanent […]
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Hopes for a quick rebound of Nigeria’s crude oil production to pre-January 2016 levels of 2.2 million barrels per day, suffered another setback at the weekend following the attack on the pipeline operated by Nigerian Agip Oil Company (NAOC), and resulting in the loss of 10,000 barrels per day (b/d). THISDAY checks late yesterday evening […]
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