FG May Increase Pump Price of Fuel As Petrol Landing Cost Hits N180 Per Litre

The landing cost of Premium Motor Spirit, also known as petrol, is N35 higher than the pump price of N145 per litre, the Minister of State for Petroleum Resources, Dr Ibe Kachikwu, said on Tuesday. Kachikwu said the rise in global crude oil prices after the 2016 hike in petrol price brought back subsidy. Recalling the experience of 2016, when the government increased petrol price from N86.5 to N145 after months of severe scarcity, he described fuel subsidy as an emotive issue. “You have very positive argument that says, ‘Why is this happening; let’s get it out.’ Once you do

By |April 17th, 2019|Categories: News|Tags: , |0 Comments

I Never Said I Graduated With First Class At UNN — Kachikwu Cries Out

--Says my profile page has been tampered with Minister of State for Petroleum Resources, Mr. Ibe Kachikwu, yesterday, described as false and baseless, report making the rounds that he misrepresented facts by claiming he graduated from the University of Nigeria, Nsukka, UNN. In a statement in Abuja, Director of Press in the Ministry of Petroleum Resources, Mr. Idang Alibi, said at no time did Kachikwu claimed that he graduated with a First Class from the UNN, while he clarified that the minister graduated from the school with a ‘Second Class Honours (Upper Division) degree’ from the Faculty of Law of

By |October 11th, 2018|Categories: News|Tags: , , |0 Comments

FACT-CHECK: Document Shows Kachikwu Lied About Graduating With First Class In Law

A claim by a Nigerian minister that he graduated from the University of Nigeria, Nsukka, with a first class honours is false, a fact-check by DUBAWA and PREMIUM TIMES has shown. During the 17th anniversary celebrations of the Commonwealth Of Zion Assembly (COZA) held at the church headquarters in Abuja two years ago, the Nigerian Minister of State for Petroleum Resources, Ibe Kachikwu, was among dignitaries who addressed the congregation. In a seven minutes 24 seconds video published on YouTube on February 17, 2016 by COZA GLOBAL, Mr Kachikwu, dressed, in a navy blue ‘senator attire’, said: “The heat in

By |October 11th, 2018|Categories: News|Tags: , , , |0 Comments
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