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PoliticsRe: EndSARS: Osinbajo Apologises For Delay In Implementation Of Demands by Kposkila: 7:26am On Oct 17, 2020
Action is wat we need. Restructure this fuckery of a country.
PoliticsRe: EndSARS Protests: Nigerian Army Releases Statement by Kposkila: 8:26am On Oct 15, 2020
wonder233:
My thoughts exactly. I've been denied access to my means of livelihood for about a week now by the road blockades. It is their rights to protest. It is also my right to have access to a public road. It is an infringement on my rights to be denied road access. Protesters should converge on one side, while others who wish to go about their lawful duties can go about their activities.
Fighting for your right is your lawful duty, don't bow, fight now and save your generation from fighting, this your lawful duty will not secure the future of your unborn generation, so why not pay the price now n smile latter. #Endbadgovernance
CrimeRe: I Go Waste 29 Bullet For Your Body - Police Officer To EndSARS Protesters by Kposkila: 8:10pm On Oct 10, 2020
LeitaP:
And what is wrong with what he said. So the policeman has no right to defend himself from mob action.... Or u didn't hear him say him too wants his parent to enjoy the fruit of her labor
What about the unarmed citizens his colleagues has ended their lives abruptly, they fell from the sky right?
PoliticsRe: Tinubu 2023 Presidency: New Campaign Group Emerges by Kposkila: 4:17pm On Oct 02, 2020
nzeobi:
A man is yet to unfold his programs and you are supporting him.
Nigerians una mumu never do.
He's bank-rolling them.
PoliticsRe: Why We Should Not Believe Pmb's Lies by Kposkila(op): 8:17pm On Sep 09, 2020
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Oluwatoyin Bayagbon1 year ago
I’ll resign, upgrade refineries… five times Kachikwu went back on his words


In the last four years and even as far back as one would want to go, Nigeria’s oil and gas industry has been an unending subject of controversy as it has been the nation’s cash cow for decades.

Issues in the upstream, midstream and downstream sector– ranging from award of oil licences and contracts, loss of oil revenue from non-application of production contracts, petrol scarcity, subsidy, pipeline vandalism, refinery rehabilitation and a lot more– have been put on the pedestal with calls for policies and actions that would kickstart industry-wide reforms.

At the heart of these discourses over the past four years has been Ibe Kachikwu, the minister of state for petroleum resources, who arguably seems to have good intentions for the ailing industry.

A man of many words, the minister is usually at the forefront, mostly representing and speaking on behalf of President Muhammadu Buhari who also doubles as the minister of petroleum resources.

However, it seems that despite his good intentions, some key issues have not been resolved or not gone in the direction that Kachikwu would have hoped they would.

As his tenure — or first term as a minister comes to a close — here are five times Kachikwu made promises or statements that have either not seen the light of day or did not last all through his stewardship.

ZERO PETROL IMPORTATION BY 2019


Kachikwu and Sackur
One of the most resounding promises made by Kachikwu in 2017 was that Nigeria will stop importing petrol into the country two years later — by 2019, with the hopes of saving billions of dollars spent on import of the product.

The minister’s promise was pegged two things — first, on the expectation that the 650,000 barrel per day (bpd) capacity refinery by billionaire businessman Aliko Dangote, would come on stream before the end of that year.

Secondly, it was pegged on plans by the Nigerian National Petroleum Corporation (NNPC) to repair the nation’s four refineries within a two-year period, counting from 2017.

He alluded to the latter instance while speaking at a public hearing on the review of petroleum pricing template for Premium Motor Spirit (PMS) or petrol organised by the house of representatives in February of that year.

Restating his promise with stronger conviction three months later, Kachikwu told BBC that he would resign if the nation has not achieved petrol self-sufficiency by 2019.

“Our target is 2019… don’t worry, I put the date, I’ll work it,” he had told Stephen Sackur on BBC HardTalk.

When asked if he would “walk” if the target is not achieved, the minister said: “Yes, of course, that is the reason why you are in government.”

As the days went by, it became clear that of the Dangote refinery would take off at a later time (in 2020). Overhaul of the four government-owned refineries was stalled by financial constraints arising from slow negotiations with potential investors who would sink funds into the repairs.

Kachikwu did not resign.

REFINERY UPGRADE BY 2019


The minister’s assurance that the nation’s ailing refineries would be up and running to at least 90% capacity was said in the same breath as the promise that petrol imports would cease in 2019.

Upon his appointment as minister in 2015, Kachikwu had said if it was left to him alone, the refineries should be sold outright– a move that experts and private sector players in the industry have said is a sure way out of the local refining quagmire that Nigeria has remained in for decades.

“Personally, I will have chosen to sell the refineries, but President Buhari has instructed that they remain. After they are fixed, if they still operate below 60 per cent, then we will know what to do,” he had said at the time.

Although the federal government had argued that fixing the refineries to some extent, before sale, will shore up it’s value, it was revealed by the NNPC last year that $363 million had been spent on turnaround maintenance (TAM) for the refineries in the last 10 years– between 1998 and 2008.

Some industry sources, however, say a huge chunk of the amount was diverted into the pockets of individuals in high places with nothing to show for the maintenance that should have been done on the refineries.

After 19 years in the lurch, the state oil firm announced in March that it had commenced the first phase of rehabilitation of the 210,000 bpd capacity refinery in Port Harcourt, the Rivers state capital.

When the initial phase is completed, the facility is expected to reach just 60% capacity utilization.

But here again, the minister has had to admit his 2019 target for the refineries could not be achieved.

Speaking on Hard Copy, a Channels TV programme, Kachikwu expressed regrets at the current state of the nation’s refineries.

“If there is one area where I feel sad, it’s the refineries because there is a huge gulf between my pronouncements and where I’d like it to be and what we’ve been able to achieve,” he said.

“The reality today is that we are still below 15% of utilisation of those refineries because they need to maintained, reworked, they almost need to be shut down and completely refurbished.

“Neglect of over a decade is forcing us to say are these scraps or how much will it cost to fix them.

“The 2019 plan is off, there is absolutely no way given that no contractual terms have been reached by the NNPC and the potential investors. So there is no way that you can get refineries to 90% capacity template in 2019 and for us to exit complete importation of petroleum products.”

SUBSIDY REMOVAL, CUT IN PETROL PRICES BELOW N145

Kachikwu
In December 2015, Kachikwu had revealed government’s plans to end the fuel subsidy regime which he described as a fraud and said would lead to savings of up to one billion dollars and another one billion saved on fuel importation.

Five months later, the federal government through the minister, announced the removal of subsidy, pegging sale of petrol between N135 and N145 per litre from N86.50 — a decision that signalled an end of subsidy payment to private oil marketers.

The move was met by critcicism with Femi Falana, human rights lawyer, pointing to the fact that continued subsidy payment was a huge campaign message propagated by the Buhari-led administration.

In trying to placate Nigerians, the minister again came up with another assurance that removal of subsidy would in the near term benefit Nigerians as petrol prices would drop.

“As it gets better and it gets to a point where we find that the market has stabilised in terms of supply, we will begin to pull back a bit in terms of determinants for pricing,” he said during a Channels TV programme in December 2017.

“You will be amazed at what will happen to your N145 price because it will go downwards. We mean well and Nigerians should please trust us. Give us a chance, you will be surprised what will become of your PMS price over the next six to eight months.”

But then again the subsidy regime returned after government said landing cost of petrol had increased following crude oil price rally, with the NNPC becoming the sole importer of the product, and bearing the burden of subsidy.

In response to advice by the International Monetary Fund (IMF) to remove subsidy once again, Kachikwu said he will advise the president on the way forward.

TRANSPARENCY IN OIL CONTRACT BIDS
In what came as a surprise to many, the NNPC under the leadership of Kachikwu launched a system where annual crude term contracts would be aired on live television.

The first televised bid exercise was witnessed by representatives of the DPR, Bureau of Public Procurement (BPP), Nigerian Extractive Industry Transparency Initiative (NEITI) and Nigerian Content Development and Monitoring Board (NDCMB).

Prior to this, invitations to tender were published in newspapers but the bidding process itself and the contract awards were shrouded in secrecy.

The minister had, however, said the new system was introduced to strengthen the tenets of transparency as the process will be visible to all Nigerians and prevent calls for favours in contract allocation.

“The essence is to ensure that nobody needs to call me personally for him to get crude allocation,” he had said.

“You can imagine the burden the exercise has taken off my shoulders. It means a good amount of my time will now go into other relevant areas of operation where the country needs me most.”

This year, apart from the invitation to tender for the 2019-2020 petrol supply programme on the NNPC website and media reports, not much was seen with regards to the bid process.

Moreso, the state oil firm is yet to produce the list of local and international companies that it awarded contracts, out of the 254 companies that had placed bids in the previous term.

The minister has also been close-lipped about the contract awards in recent times.

KEROSENE TO GAS REVOLUTION


In his early days as minister, and while still the group managing director of the NNPC, Kachikwu had complained that kerosene subsidy was a huge burden on government and vowed to revolutionise domestic cooking fuel or Liquified Petroleum Gas (LPG) by 2016.

Although it seemed like a tall order, Kachikwu’s plan was that by the end of 2016 most of the households in Nigeria would have obtained the free gas cylinders distributed by the NNPC in preparation for the transition from kerosene to gas.

But some three years down the line, kerosene and even the gas that was to replace it as domestic cooking fuel have become more expensive.

When Kachikwu made the promise in September 2015, some fuel retail outlets in the country sold kerosene at the subsidised price of N50 per litre.

Recent data from the National Bureau of Statistics (NBS) show that as at March, the average price per litre of kerosene retails for as high as N327, with Anambra, Ebonyi and Ondo selling at N329.09, 326.83, and 326.67 respectively.

Similarly, the price of cooking gas has almost doubled with some states like Cross River selling for as high as N4,753.57 for a 12.5kg cylinder.

Although missing yet another deadline, the minister is still pushing for a higher LPG penetration in the country.

He says the government has set a target to build at least one gas filling plants across all the 774 local government areas in the country within the next three years.

FG revokes six oil licences to ‘recover legacy debts’ »
« Reps pass PIGB -- after addressing Buhari's concerns
Tags: DSDP contractsfuel subsidyIbe KachikwuNNPCzero fuel imports
Oluwatoyin Bayagbon:

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PoliticsWhy We Should Not Believe Pmb's Lies by Kposkila(op): 8:16pm On Sep 09, 2020
TV/MoviesRe: Kiddwaya's Twitter Handlers "Sister zone" And "Friend Zone" Erica by Kposkila: 9:21pm On Sep 06, 2020
saphiere:
Marry her. Ladies open your eyes. Men are just after sex. They always giving fake marriage promise. Once they get in between your legs they now remember that their tribe don't marry people from your tribe. That their mothers say this and that.
Ladies open your eyes. Don't be a used and dump.
As if women re not after sex too, was she raped, or u think she didn't enjoy it? Watch d way she was moaning during sex.
PoliticsRe: How We Killed Uwaila, Suspect Confesses - Full Video by Kposkila: 4:30pm On Aug 30, 2020
Openbusiness:
Anytime I want to buy used phone, I used to pray serious prayers to my God, may I never buy stolen phone, may I never buy phone that was gotten from murder, Amen. Buying stolen phone ignorantly is a one way ticket to jail for a crime you know nothing about
Stop buying used fones, the only thing u buy used should be a dis virgined girl, u can manage Dat one, because u have torn odas.
PoliticsRe: Conference: NBA Withdraws Invitation To El-rufai by Kposkila: 7:02pm On Aug 20, 2020
Imagine all comments negative about a man, he needs to change his ways.
EducationRe: UNILAG: I Have Resumed As Acting VC — Soyombo by Kposkila: 7:18pm On Aug 14, 2020
When it's not your turn, its not your turn, if coro catch u na wetin u go talk
CrimeRe: Hushpuppi Responsible For Diverting Money From SS Lazio by Kposkila: 9:05pm On Jul 05, 2020
DanseMacabre:
Relax brossss. No be cinema we dey. grin
No mind d dreamer...
PoliticsRe: Abike Dabiri React To Hushpuppi's Arrest, Slams Him For Showing Off His Wealth by Kposkila: 7:19am On Jun 26, 2020
abobote:
Is still better to enjoy here and suffer in hell, than suffering here and still and up in hell
Work hard and be honest, among other good virtues, you could enjoy both here n beyond.
PoliticsRe: Obaseki Visits Wike At Rivers State Government House, Port Harcourt by Kposkila: 9:17pm On Jun 14, 2020
NaMe4:
This looks like an old pic na
Covid 19 pix does not lie
HealthRe: 501 New COVID-19 Cases, 210 Discharged And 8 Deaths On June 13 -(2460 Tested) by Kposkila: 8:06am On Jun 14, 2020
slivertongue:
la liga midnight result
Interstate border is open
CelebritiesRe: Majek Fashek Dabbled Into Spiritism And It Affected Him Terribly – Amos McRoy by Kposkila: 6:44am On Jun 07, 2020
Biodun1929:
I guess he sang "Little little patience" to let people that want to go Into what he got into that it ain't worth it...that with little patience they can still achieve a lot without going dark.
Yeah, exactly my thoughts,..
RomanceRe: What I Found On My Sales Girl's Facebook Messages by Kposkila: 6:42am On Jun 07, 2020
Ningen:
We all have a responsibility towards building a sane society. As her employer, don't turn a blind eye to her promiscuous lifestyle. She's just 21.

As such, sacking her wouldn't solve anything.
What she badly need right now is sex education.

Your wife can take that responsibility.

It's a step forward if she learns from a woman about the dangers of promiscuity & unprotected sex. Please do that for the sake of humanity.
Op take dis advice n act fast.
CelebritiesRe: Majek Fashek Dabbled Into Spiritism And It Affected Him Terribly – Amos McRoy by Kposkila: 7:29am On Jun 06, 2020
Little little patience. He was meant to be great but, imagine starting off with dats of fasting n eventually into spiritism.
HealthRe: 229 New COVID-19 Cases, 48 Discharged And 7 Deaths On May 25 - (1120 Tested) by Kposkila: 1:18pm On May 26, 2020
OdefaGirl:
If other states get tested like Lagos.... the stats will be high....if these figures are for real though.
That means something is wrong with the testing, if not people should be dieing in large numbers in those states not testing. Test kits/procedures needs to be evaluated or simply suffice to say that there is no coro in Niaja, abi Niaja version different?
PoliticsRe: Oil Workers Must Show Covid-19 Results Before Entering Rivers – Governor Wike by Kposkila: 9:35am On May 05, 2020
Amaso99:
they can have there office in Lagos but the main production takes place in Rivers state and other Niger Delta states
Don't mind them. All of them should relocate their head office to the Niger Delta, where they tap the resources from.
Foreign AffairsRe: 90% Of Boko Haram Wiped Out, Says Chad's President Idriss Deby (video) by Kposkila: 3:33pm On Apr 11, 2020
Na now buratia Wan relocate to NE,
Christianity EtcRe: Watch Video: FG Locked Down Lagos, Abuja To Secretly Install 5G – Oyakhilome by Kposkila: 6:37am On Apr 07, 2020
This is funny
HealthRe: COVID-19 Drive-Through Test Center In Yaba by Kposkila: 1:53pm On Apr 04, 2020
oka4ugoo:
Abeg when are they starting audition for this year Big Brother Naija? As we stay at home we need to be entertained accordingly.
Those discharged were actually negative. Don't be fooled men re cashing out.
HealthRe: Covid-19: USA FEMA Requests 100,000 Body Bags - CNN by Kposkila: 6:25pm On Apr 02, 2020
Erediauwa:
Anytime I hear the word "Body Bag" I always remember one notorious Kaduna governor.
He's now on d queue as a candidate for possible body bag, inside life...
HealthRe: Coronavirus: Nurses In Enugu Protest Over Lack Of Medical Equipment For Work by Kposkila: 7:58pm On Apr 01, 2020
blowjohn:
And people are busy bashing and insulting Desmond Elliott for providing water and soap and buckets to wash hands....something their eyes can see.
Truth be told, that is too small for his status to fight the ravaging virus.
Christianity EtcRe: Coronavirus: Bishop Oyedepo To Donate Ambulances And Medical Equipment (Pics) by Kposkila: 5:56am On Mar 31, 2020
Saao:
good from the church. i m waiting for donation from mosques and other islamic groups in the country.
Na to destroy dem Sabi. To burn police station.
HealthRe: Nigeria Records Second Death From Coronavirus by Kposkila: 6:04pm On Mar 30, 2020
Ivimilly:
Is it Abba Kyari?
U made me lol
HealthRe: Nigeria’s Coronavirus Cases Rises To 97 As NCDC Confirms Eight More Infections by Kposkila: 7:55am On Mar 29, 2020
Fidwon:
The Nigeria Centre for Disease Control (NCDC) has reported eight new cases of coronavirus in the country, taking the total number of infections to 97.

According to the NCDC, two of the cases were in the Federal Capital Territory Abuja, four in Oyo State, one in Kaduna State and one in Osun State.

Information from the NCDC shows that as of 10:40 pm on March 28, 2020, Lagos had the highest number of cases with 59, followed by the FCT with 16 cases. The number of cases in Oyo surged to seven, Ogun had three while Enugu, Edo, Bauchi and Osun states each had two cases.


CLICK LINK FOR MORE OF THE UPDATE:
https://bestxplorer.com.ng/2020/03/nigerias-coronavirus-cases-rises-97-ncdc-confirms-eight-infections.html/
Stay safe all
HealthRe: Beijing And Shanghai Has No Case Of Coronavirus by Kposkila: 11:08am On Mar 28, 2020
Wuhan was d center of manufacture of Corona, and sent to d entire world.
PoliticsRe: COVID-19: Buhari Resumes Work After Testing Negative by Kposkila: 6:39am On Mar 26, 2020
philip0906:
lol...Cat with 9 lives!! grin grin grin

This man dey burst my head. I remember some years back when rumours were flying around about his health and supposed death, he just came back like "fvck y'all"

Now, covid=19 dey hammer other people, including him opponents, he shows up again with the "I'm back b1tches" stance, despite rumours about him coughing and all and question mark about the authenticity of his covid-19 result...

While he's an incompetent dolt, you can't deny he's one hell of a Lucky mudafvcka!
Not so fast, keep watching
PoliticsRe: Osinbajo Tests Negative For Coronavirus by Kposkila: 10:30am On Mar 25, 2020
Lostz:
buhari is a Muslim and still tested negative
His coughing already...

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