TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

NNPC was only reorganised, not unbundled – Kachikwu

The Citizen by The Citizen
March 10 2016
in Governance, Headlines, Uncategorized
A A
0

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.

“There is also ventures that capture all our little companies that were not having proper stewardship.

“They are run by individuals who report to the GMD. The NNPC is still a whole. There is nothing new that has happened.

“I have tried to explain this and I am sure the NNPC workers are members of the family, they will understand.

“We are going to have a meeting, and they will be made to understand. Perhaps the engagement has not been good enough.

“NNPC has not been unbundled in the sense of breaking up NNPC into distinct institutions. I am concerned.

“I don’t want the industry shut down. I am sure we are going to resolve the issues very soon,’’ he further explained.

Meanwhile, governors of Benue, Plateau and Bauchi states, Samuel Ortom, Simon Lalong and Abdullahi Abubakar, respectively, on Wednesday, paid condolence visit to President Muhammadu Buhari.
The governors commiserate with Buhari over the death of Minister of State for Labour and Employment, James Ocholi.

Gov. Ortom told State House Correspondents that he did not only commiserated with the president on the death of Ocholi, but also briefed him on the happenings in his state.

“ I decided to come and brief Mr President and to appreciate him for standing by Benue in their times of challenge of herdsmen invasion of the state.

“I’m also here to commiserate with the President over the death of our brother, the Minister of State for Labour, the whole of Benue was in mourning state because Ocholi was a very good friend to the entire people of Benue.

“He was with me during the Christmas; he was with me just three weeks ago.

“We prayed that the Almighty God will bless his soul and those of his family members,’’ he said. (NAN)

Previous Post

NNPC: Oil workers embark on indefinite strike over restructuring

Next Post

Enugu workers support Gov. Ugwuanyi’s economic initiatives

Related Posts

Reps approve transfer of NSIB from aviation ministry to Presidency
Governance

Reps approve transfer of NSIB from aviation ministry to Presidency

April 22 2026
FAAC shares N2.09tr to FG, states, local councils as October revenue
Governance

FAAC shares N2.04tn for March as revenue rises by N150bn

April 22 2026
FG opens 2026 PTDF scholarship for engineering students
Governance

FG opens 2026 PTDF scholarship for engineering students

April 21 2026
FG suspends controversial 4% import duty levy
Headlines

BREAKING: Tinubu sacks Wale Edun, Dangiwa as ministers

April 21 2026
Kebbi military withdrawal: Purge the enemies within – Punch
Headlines

FG files 13-count charge against six coup plotters

April 21 2026
FG budgets N135bn for 2027 election lawsuits
Governance

Nigeria not a poor country, says Presidency

April 18 2026
Next Post

Enugu workers support Gov. Ugwuanyi's economic initiatives

FG appoints Dakuku Peterside as DG NIMASA

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

Service Chiefs: Let the changes count – Punch

Tinubu approves ₦17bn grassroots devt fund for 8,804 wards

by The Editor
April 22 2026
0

...

Police launch manhunt for killers of Imo traditional ruler

Police launch manhunt for killers of Imo traditional ruler

by The Editor
April 11 2026
0

...

Lassa fever deaths rise in Nigeria

Lassa fever deaths rise in Nigeria

by The Editor
April 9 2026
0

...

Oyo govt installs Sen Alli, two Ibadan High Chiefs as monarchs in absentia

Oyo govt installs Sen Alli, two Ibadan High Chiefs as monarchs in absentia

by The Editor
April 3 2026
0

...

APPOINTMENTS

Tinubu appoints NECO, NBTE chairmen, names poly rector, renews library DG tenure

Tinubu appoints NECO, NBTE chairmen, names poly rector, renews library DG tenure

by The Editor
April 22 2026
0

...

416 nurses, midwives get automatic appointments in Yobe

416 nurses, midwives get automatic appointments in Yobe

by The Editor
April 8 2026
0

...

Tinubu renews Bugaje’s appointment as NBTE boss

Tinubu renews Bugaje’s appointment as NBTE boss

by The Editor
April 2 2026
0

...

Kwara governor congratulates new CAF General Secretary

Kwara governor congratulates new CAF General Secretary

by The Editor
April 1 2026
0

...

ODDITIES

Nigeria’s ambassador-designate dies before assumption of office

Nigeria’s ambassador-designate dies before assumption of office

by The Editor
April 22 2026
0

Bwala, Hasan and the art of the political interview

I had throat surgery after Al Jazeera interview – Daniel Bwala

by The Editor
April 11 2026
0

Robbers cut off teacher’s hand in Kano

Robbers cut off teacher’s hand in Kano

by The Editor
April 9 2026
0

GLOBAL NEWS

US senator accuses Nigerian officials of complicity in killings of Christians

US senator accuses Nigerian officials of complicity in killings of Christians

by The Editor
April 22 2026
0

...

Iran warns US military vessels, others to avoid Strait of Hormuz

Iran military command closes Strait of Hormuz again

by The Editor
April 18 2026
0

...

Trump threatens to end Iran ceasefire if no deal by Wednesday

Trump threatens to end Iran ceasefire if no deal by Wednesday

by The Editor
April 18 2026
0

...

Italy suspends defence agreement with Israel as Lebanon attacks stoke tensions

Italy suspends defence agreement with Israel as Lebanon attacks stoke tensions

by The Editor
April 14 2026
0

...

Ghanaians pray daily for Nigeria’s success, says Pres. Mahama

Ghanaians pray daily for Nigeria’s success, says Pres. Mahama

by The Editor
April 14 2026
0

...

State of the States

Ondo commences 2025 OSOPADEC scholarship, bursary for students

Ondo commences 2025 OSOPADEC scholarship, bursary for students

by The Editor
April 21 2026
0

...

Delta govt urges youths to join Army

Delta govt urges youths to join Army

by The Editor
April 11 2026
0

...

21,452 applicants jostle for 1,000 rural teaching Jobs in Nasarawa

21,452 applicants jostle for 1,000 rural teaching Jobs in Nasarawa

by The Editor
April 10 2026
0

...

Police begin statewide offensive after deadly Kebbi attacks

Police begin statewide offensive after deadly Kebbi attacks

by The Editor
April 10 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
APC senate number swells to 91, PDP down to 5 as Ngwu, Yaro defect to ruling party

APC senate number swells to 91, PDP down to 5 as Ngwu, Yaro defect to ruling party

April 22 2026
Reps approve transfer of NSIB from aviation ministry to Presidency

Reps approve transfer of NSIB from aviation ministry to Presidency

April 22 2026
Nigeria’s ambassador-designate dies before assumption of office

Nigeria’s ambassador-designate dies before assumption of office

April 22 2026
Tinubu, Jonathan hold closed-door talks amid regional consultations

Tinubu, Jonathan hold closed-door talks amid regional consultations

April 22 2026

EDITORIAL REVIEW

Curfew in Abuja today for LG council elections

Hidden cost of elections – Punch

by The Editor
April 17 2026
0

Oil prices jump back toward $100 on Mideast ceasefire doubts

As Nigeria moves away from oil dependency – Punch

by The Editor
April 13 2026
0

Easter gets bloodier – Punch

Easter gets bloodier – Punch

by The Editor
April 12 2026
0

Security chiefs’ discordant tunes – Punch

Security chiefs’ discordant tunes – Punch

by The Editor
April 10 2026
0

NASS: Withdraw MDPA amendment bill – Punch

NASS: Withdraw MDPA amendment bill – Punch

by The Editor
April 9 2026
0

Opinion

Even INEC admonishes the media?

Even INEC admonishes the media?

by The Editor
April 12 2026
0

...

Enugu: Gov Mbah presents N521.5bn budget for 2024

Mbah: From contested mandate to constructive governance in Enugu

by The Editor
April 9 2026
0

...

Tinubu finds his own demons

How will Tinubu campaign in Plateau State?

by The Editor
April 9 2026
0

...

Bwala, Hasan and the art of the political interview

Bwala, Hasan and the art of the political interview

by The Editor
April 6 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.