Fuel Scarcity: Senate Summons Kachikwu

The Senate has summoned the Minister of state for Petroleum Resources and Group Managing Director of NNPC, Ibe Kachikwu, to appear before it to explain reasons for the lingering fuel scarcity. ‎

The Acting Chairman of the Senate Committee on Petroleum Resources (downstream), Jibrin Barau, announced this after the committee members carried out an assessment of the fuel situation in Abuja yesterday.

Bola Tinubu Slams Minister of Petroleum, Kachikwu Over Fuel Crises - Your Flippancy Was Way Out of Line

National Leader of the ruling All Progressives Congress (APC), Asiwaju Bola Tinubu, yesterday slammed the Minister of State for Petroleum Resources, Mr. Ibe Kachikwu for saying he  was not a magician expected to end the fuel crises in no time.

Tinubu called it an insult to Nigerians and an act of insubordination..Tinubu's statement reads..

I make no attempt to hide it. I am an avid and partisan supporter of this government and of the progressive policies of the party, the APC, upon which this government is based.” “With that, I do reserve the right and the duty as a Nigerian to voice my opinion when I believe a member of this government has strayed from the progressive calling required of this administration.

We Are Not Unbundling NNPC – Kachikwu

The Minister of State for Petroleum Resources, Mr Ibe Kachikwu, on Wednesday in Abuja dismissed the assertion that the Federal Government had commenced the unbundling of the Nigeria National Petroleum Corporation (NNPC).

Kachikwu, who is also the Group Managing Director (GMD) of NNPC, made this known while fielding questions from State House correspondents.

He said that what the corporation did was reorganisation of the corporation to achieve greater efficiency in the oil sector of the nation’s economy.

“We have not unbundled NNPC. We had a press conference yesterday where I explained this.

“What we have simply done is reorganisation. We have five business entities focused on business- Upstream, Downstream, Refineries, Gas and Power, that are there before.