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Nairaland Forum / Nairaland / General / Politics / Fuel Imports’ll Reduce By 60% In 2018 – Kachikwu (691 Views)
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Fuel Imports’ll Reduce By 60% In 2018 – Kachikwu by Jirate(m): 7:18am On Oct 25, 2016 |
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said that the reforms embarked upon by the government are targeted at cutting petroleum products’ importation by at least 60 per cent by 2018 and thereafter position the country for net export by 2019.http://punchng.com/fuel-importsll-reduce-60-2018-kachikwu/
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Re: Fuel Imports’ll Reduce By 60% In 2018 – Kachikwu by saintkel(m): 7:44am On Oct 25, 2016 |
Another promise made! Infact I expect more promises |
Re: Fuel Imports’ll Reduce By 60% In 2018 – Kachikwu by otukpo(f): 7:48am On Oct 25, 2016 |
Seeing is believing. |
Re: Fuel Imports’ll Reduce By 60% In 2018 – Kachikwu by Bari22: 7:56am On Oct 25, 2016 |
We are patiently waiting |
Re: Fuel Imports’ll Reduce By 60% In 2018 – Kachikwu by SamuelAnyawu(m): 8:03am On Oct 25, 2016 |
Promises and promises "Upandan"
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Re: Fuel Imports’ll Reduce By 60% In 2018 – Kachikwu by Dosinspector(m): 8:16am On Oct 25, 2016 |
Ndi ara, una dey use Nigerians play chess |
Re: Fuel Imports’ll Reduce By 60% In 2018 – Kachikwu by 989900D: 8:38am On Oct 25, 2016 |
“I am part of the committee allocating those forex, and I know and I can see some of you here; we gave you forex, but you returned it. And the reason that was given was that the forex was not enough to import. But that is not the truth. The truth is that if you go to the market today and buy products and land here, you are required to sell it at N145 maximum. That is the main reason why people are not importing. Kyari is confused. ATEOTD, it is still about Forex rate, at what rate are you giving them? Anything above N260 or thereabout makes it too tight for profit already. Re: Kachikwu: What is the production rate of the refineries now? |
Re: Fuel Imports’ll Reduce By 60% In 2018 – Kachikwu by HtwoOw: 11:58am On Oct 25, 2016 |
Good morning to know |
Re: Fuel Imports’ll Reduce By 60% In 2018 – Kachikwu by Paperwhite(m): 12:02pm On Oct 25, 2016 |
Another tale added to the daily comic.APC was a curse & calamity. |
Re: Fuel Imports’ll Reduce By 60% In 2018 – Kachikwu by Realdeals(m): 12:07pm On Oct 25, 2016 |
It's good to know that the government have successfully gagged the fuel importers but for how long will they do that? Kyari said the government has created a niche market for forex, explaining thus, “We have ring-fenced all forex from the upstream such that those forex will be available at a fixed price; a price that the CBN has agreed. I am part of the people who are involved in making sure that the forex is available. If these can be sustained till Dangote refinery come on stream, a lot of forex will be saved and pump into other critical sector of the economy (not needless import) |
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