16 April 2016, Sweetcrude, Abuja — The attention of the global oil and gas community has virtually descended on Doha,…
Browsing: Kachikwu
The rivalry between two IPMAN national factions has crippled the importation and distribution of petroleum products in Nigeria especially by the members of the independent marketers who control about 80 percent of the fuel distribution network.
He said, “Today we have the whole fuel queues and it is a complete nightmare for me. It has been a lot of work but the reality is that I hurt more like every Nigerian who is at the filling station, I am very emotional about my job and the things that I do.”
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu and members of the Independent Petroleum Marketers Association of Nigeria (IPMAN) on Wednesday reached an agreement that will see IPMAN play a major role in the distribution of petrol to the hinterlands and state capitals in Nigeria.
Kachikwu regretted that Nigeria remains one of the biggest oil producing countries in the world that still suffers fuel scarcity.
Muhammed noted that the current Administration inherited a huge catalogue of issues and problems in the downstream sector not limited to arrears of subsidy payments to Oil Marketers, corruption and inefficiencies in the supply and distribution chain, incessant vandalism of pipelines, refineries poor performance, among others.
It added that, “There is no point calling on the minister who has apologised to Nigerians over the fuel crisis to resign; he is doing a great job in the oil and gas industry and so we need him around to assist the President.
*Balarabe Musa, Okukpe, Babatope, Ekungba differ 28 March 2016, Lagos — The Presidency yesterday rose in stout defence of Minister…
Oscarline Onwuemenyi 28 March 2016, Sweetcrude, Abuja – Massive queues of commuters waiting to buy fuel from petrol stations greeted…
The two major unions, NUPENG and PENGASSAN, held a brief strike two weeks ago after the Federal government announced plans to split the NNPC into separate units, part of reforms by President Buhari to end graft and mismanagement in the industry.
