Dr. Ibe Kachikwu
NNPC, others sign NLNG Train-7 contract
President Muhammadu Buhari has signed the Nigerian Financial Intelligence Unit (NFIU) Bill into law, which is expected to strengthen the Executive Order 6 and as well help to tackle terrorism financing. Senior Special Assistant to the President on National Assembly Matters (Senate), Ita Enang, who stated this yesterday while briefing State House Correspondents, said NFIU…
Security concerns stall Ogoni, FG’s oil exploration talks
Security concerns may have stalled a stakeholders meeting between the Federal Government and Ogoni leaders to discuss planned resumption of oil and gas exploration in the area. Consequently, the Movement for the Survival of Ogoni People (MOSOP) has enjoined President Muhammadu Buhari to stand on the side of humanity and the suffering Ogoni people and…
New gas, oil policy to improve business environment, investors’ activities, says Kachikwu
Following the approval of a new gas and oil policy, the Federal Government is working to improve business environment, leading to increased investor activity and energy supply, thus improving prices of goods and services. The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, who made this disclosure at Light up Nigeria conference organized by…
You condone graft, Nigerians tell executive, legislature over $25 Billion NNPC contract scam
The Centre for Social Justice (CENSOJ) has accused the executive and the legislative arms of government of condoning corruption in the country, citing the...
Fuel supply saboteurs: The enemy is inside
President Muhammadu Buhari (PMB) threatened to find out the so called saboteurs who caused the terrible fuel scarcity that disrupted the peace of most Nigerians during the Christmas / New Year celebrations and to punish them severely. He made this threat in his New Year address to the nation on the 1st of January 2018.…
Transparency, reforms to attract $100b investment
Improved governance and transparency aimed at solving the Niger Delta militancy issues, deregulation of the downstream sector as well as policy, fiscal and regulatory reforms is expected....
Annual council on hydrocarbons to be inaugurated soon
Dr Ibe Kachikwu, the Minister of State for Petroleum Resources, will on Nov. 21 inaugurate the annual meeting on hydrocarbons in Abuja.
The urgency of a new law for the petroleum sector in Nigeria
The idea of a new law for the petroleum sector began precisely on the 20th April, 2000, more than sixteen years ago, when the Obasanjo administration inaugurated the Oil and Gas Reform Committee.
Tame militants to achieve development, Kachikwu tells Clark
The Minister of State for Petroleum, Dr. Ibe Kachikwu, yesterday evening in Warri, Delta State, asked the leaders of the Niger Delta region to tame the militants and ensure permanent peace if meaningful development was to come to the region.
Stakeholders identify challenges of gas-to-power initiative in Nigeria
The availability of power is an unavoidable catalyst to boost industrial activities for economic development.Nigeria’s electricity supply is dismal owing to institutional, legal, regulatory, gas pipeline vandalism and capital challenges.