Kachikwu said the NNPC has adopted a plan that would give the refineries some sort of autonomy, without privatising them.

Refineries To Pay Into Federation Account From 2016 – Kachikwu The Group Managing Director, Nigerian National Petroleum Corporation, Dr. Ibe Kachikwu, has said that state-owned refineries would make direct payments into the federation account from 201...

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Buhari scraps fuel subsidy, cut petrol price to N85 per litre

Buhari scraps fuel subsidy, cut petrol price to N85 per litre The Minister of State for Petroleum, Ibe Kachikwut announced on Friday that it has scrapped the Petroleum Support Fund, also known as fuel subsidy. Speaking to journalists at the Port Harcourt refinery where he had spent Christmas inspecting the facility, the Minister of State for Petroleum, Ibe Kachikwu, said the government could no longer pay the subsidy due to the fraud tainting...

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Nigeria gas plant explosion: 'Tens' dead, says Buhari

Nigeria gas plant explosion: 'Tens' dead, says Buhari A huge explosion on Thursday at a butane gas depot in south-eastern Nigeria left "tens" of people dead, Nigeria's president says. The fire raged for more than five hours before being extinguishe...

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FULL TEXT MASSAGE OF BUHARI’S 2016 BUDGET ADDRESS

FULL TEXT OF PRESIDENT MUHAMMADU BUHARI’S 2016 BUDGET ADDRESS I am honoured and privileged to present the 2016 Budget proposal. This is my first address before this joint session of the National Assembly. I have come here today, not only to address members of the National Assembly, but also to speak directly to the men and women who placed us her...

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Arsenal table N752.5m for Under 17 international Kelechi Nwakali.

Arsenal table N752.5m for Eaglets captain English Premier League club Arsenal have reignited their interest in Nigeria Under 17 international Kelechi Nwakal...

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Real Madrid set to stick with Rafa Benitez as fans reject Jose Mourinho says return would tear club apart and would prefer Zinedine Zidane to ex-Chelsea man

Real Madrid set to stick with Rafa Benitez as fans reject Jose Mourinho says return would tear club apart and would prefer Zinedine Zidane to ex-Chelsea man Benitez set to avoid the axe as Madrid go cool on Mourinho after fans reveal return would tear club in t...

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