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Petrol Price Stays at N145, Says Kachikwu

Minister of State for Petroleum, Dr Emmanuel Ibe Kachikwu, has denied news reports that the Federal Government was planning to jack up the pump...

Osinbajo: NNPC not FG Bears the Cost of Fuel Subsidy

Vice President Yemi Osinbajo clarified today that the NNPC and not the Federal Government pays for the  fuel subsidy that has emerged with the...

Nigeria Loses N7.6tr to Faulty Agreements with IOCs — Kachikwu

THE Minister of Petroleum Resources, Dr.   Ibe Kachikwu, has stated that Nigeria lost about $21 billion (N7.6 trillion) to International Oil Companies, IOCs,...

No $25bn Worth of Contracts Was Awarded in NNPC, Says Osinbajo

Vice President Yemi Osinbajo may have exonerated the Group Managing Director of the Nigeria National Petroleum Corporation, Dr. Maikanti Baru, over allegations by Minister...

BREAKING: Kachikwu Keeps Mum After Meeting Buhari

Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, on Friday kept mum after meeting with President Muhammadu Buhari behind closed doors at the...

No Fuel Price Increase is Underway, Says Kachikwu

The Minister of State for Petroleum, Dr. Ibe Kachikwu, has denied speculations that an increase in the prices of petroleum products in the country...

Another Fuel Price Hike Looms as Ex-NNPC GMDs Say N145 Per...

Former and present Group Managing Directors of the Nigerian National Petroleum Corporation  (NNPC) have expressed fears that the current pump price of N145 per...

NNPC: Kachikwu Hands over to Baru, Pledges to Support New MD

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, on Friday handed over to the new Group Managing Director (GMD) of NNPC, Dr Maikanti Baru,...

Buhari Constitutes NNPC Board, Drops Kachikwu as MD

*Dr Maikanti Kacalla Baru is new NNPC MD By Akin Akinremi President Muhammadu Buhari has approved the composition of the Board of the Nigerian National Petroleum...

FG Raises Panel to Negotiate with Niger Delta Avengers

The Federal Government on Monday night announced that it has set up a committee to negotiate with the militant group, Niger Delta Avengers, that...
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