TIMELINE: Nigerian govt’s failed moves, unfulfilled promises to revive moribund refineries
Although the 2020 deadline set for three refineries to attain full production capacity was not realised, then-President Buhari administration spent ...
Tag: Ibe Kachikwu
Nigeria budgets N450 billion for petrol subsidy in 2020 – Minister
The official says N450 billion has been made for under-recovery of cost (fuel subsidy) in respect of importation of petrol.
ANALYSIS: New taxes, charges Buhari govt has imposed on Nigerians since 2015
Since the advent of the administration, Nigerians have been made to pay more for some essential services.
![Senate President, Ahmed Lawan. [PHOTO CREDIT: Official Twitter handle of the Senate President]](https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2019/07/Senate-President-Ahmed-Lawan-2.jpg?resize=350%2C250&ssl=1)
Senate to invite petroleum ministers, GMD NNPC, others over state of existing refineries
The Senate also plans to look into fuel subsidies.
Buhari has never interfered in NNPC’s affairs – Mele Kyari
Mr Kyari disclosed this during a meeting organised by the anti-graft agency EFCC in Abuja.
Outgoing NNPC GMD speaks on retirement plans, says he’s willing to serve again
Maikanti Baru would clock 60 years and retire from active service on July 7.
Nigeria seeks Saudi Arabia investment in building refinery
Mr Kachikwu says Nigeria is looking for investment in four of its refineries.
ExxonMobil, other oil coys not exiting Nigeria – Kachikwu
He said that it was not possible for a company like ExxonMobil to sell off its assets for the small ...
NNPC has sufficient fuel, Kachikwu assures Nigerians
There have been fuel queues in Lagos and Abuja.
800 companies bid for 176 Nigeria’s gas flare sites — Kachikwu
The Federal Executive Council in June 2016 approved the Nigerian Gas Flare Commercialisation Programme.
FEC approves N1.4bn for design of new DPR office
An official says the DPR head office is to be moved from Lagos to Abuja.
Nigeria complied with OPEC production cut in February – Minister
The official says challenges may occur if deeper cuts are required.
Reps to probe Kachikwu over alleged irregularities in oil lease renewal
The lawmakers said it would also probe the involvement of the Department of Petroleum Resources (DPR) on the allegations.
2019 Budget: How Nigeria will realise 2.3 million daily oil target — Officials
Two ministers express optimism that the target will be met.
Oil: Nigeria now produces 1.78 million bpd — Kachikwu
Nigeria is expecting output from Egina oilfield to reach 150,000 bpd by the end of the month which could boost ...
FEC approves new policy on public building maintenance, oil pipelines contracts
The new Maintenance Policy and Framework seeks to institutionalise a maintenance culture in Nigeria.
Linda Ikeji reveals identity of son’s father
The blogger speaks on her relationship with her son's father.
OPEC Cut: Nigeria’s daily oil production to drop to 1.7mn barrels
About 43,775 barrels would be cut from the nation’s oil production from January, 2019.
Refineries Repairs: NNPC Board to take final investment decision in two weeks — Kachikwu
He said negotiation with the financiers and investors of the project is taking longer than anticipated.
Oil price reduces as OPEC meeting ends without decision on production cut
Nigeria’s current daily oil production is about 1.73 million barrels.
Yuletide: CBN introduces $15,000 weekly special intervention for BDCs
Prior to this time, the intervention days are Mondays, Wednesdays and Fridays.
Nigeria indecisive over oil output cuts as OPEC meets
Nigeria was excluded from the previous round of cuts, which began in 2017.
Refineries now to be fixed in 2020, not 2019 – Kachikwu
Mr Kachikwu has vowed to resign if Nigeria continues to import fuel by 2019.
Three modular refineries to begin operations in 2019 — Kachikwu
“Out of the 40 licenses issued, only 10 have shown progress..."
Kachikwu, Wabote, Tinubu push the Nigerian agenda at the 25th Africa Oil Week
Local content development was a major sub-theme at AOW and public and private sector officials discussed its impact on the ...