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Wednesday, March 9, 2016

NNPC reorganised, not unbundled – Kachikwu says

Minister of State for Petroleum Resources and Group Managing Director of the Nigeria National Petroleum Corporation NNPC, Ibe Kachikwu, says the oil corporation is only being reorganized and not unbundled. He said this while speaking with State House Correspondence after the Federal Executive Council meeting today March 9th.


"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 focus on business: Upstream, Downstream, Refineries, Gas and Power that are there before. There is also Ventures that captures 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 said

53 comments:

STERN said...

CHA CHA CHA CHANGEE! Make una carry una change put am for back pocket.

Ivy Godspower said...

Hmmmmmmm









PEPSI ADDICT

NaijaDeltaBabe said...

R dey on strike or not?


...merited happiness

Jude Akinwole said...

Why th explanation? Unbundle, reorganize, restructure, reshape... all na different ways of saying the same thing!

BONARIO NNAGS said...

Same thing I said in my earlier comment, the cabals know their game is up and they resort to protest. Nigerians should be patient with this government, things will alright.


~BONARIO~says so via NOKIA LUMIA

favour ezeh said...

Just like that!

freeborn zinalima said...

So it is no longer unbundle is now reorganize hahahahahahah terrorist buhari and his boy will not kill me with there different names of scam.
Waiting for another name to give it ,nigeria is in trouble believe it or not Nigeria must fall.




















#sad indeed

bibi said...

Una matter

Anonymous said...

That fact that every statement by this administration has to be explained, clarfied or broken down several times says alot about the transparency of the ruling party.
They are constantly trying to enact laws or institute questionable policies and procedures. Then turn around and say its something else when they are called out on it.
This is a trait of liars and cheats that looks for ways to deceive people.

Tuitiontinz said...

Damage Control.

Psalmuelle aka Samstone. said...

Resolve it soonest o.

#LIB ADDICT#

NWIGWE VICTOR ANAYO said...

Let it be resolved to the benefits of nigerians..... Simple

o'ben said...

Oga no succumb to their evil agenda o,who don tire to work make he retire,my cv is dusty already.

Juliet Iwuno said...

Thanks for the clarification. Linda take note!

Hana said...

Kachikwu youve been bought!!!
Ass licking son of a bitch
Otubu gbabwogi...

Miss Freeborn!!

ahabike daniel said...

Better

chommy said...

Hmm, ok o. Linda observe!

Richard Afon Yinkå said...

Issorite

Anonymous said...

Lecturer Caught Banging Female Student In The Office

CHERYL (aka FROM GLORY to GLORY) said...

Well, this regime is known for saying this today and denying that tmrw so.... Still hopeful sha

Anonymous said...

o Maheeda puts her Pussy on display in new dance Video.

Anonymous said...

Hidden Camera Caught Boss And Secretary Banging In His office

Okuru Bennett said...

He's in the RIGHT DIRECTION!!!
RESTRUCTURING is not new TO RESSURECT FAILING ORGANISATIONS!!!
PEOPLE LIKE READING NEGATIVE MEANINGS INTO EVERY GOOD APPROACH TOWARDS SOLVING SOME BOTTLE NECKS!!!

Okuru Bennett said...

He's in the RIGHT DIRECTION!!!
RESTRUCTURING is not new TO RESSURECT FAILING ORGANISATIONS!!!
PEOPLE LIKE READING NEGATIVE MEANINGS INTO EVERY GOOD APPROACH TOWARDS SOLVING SOME BOTTLE NECKS!!!

Anonymous said...

Video of Married Couple Record Themselves While Having Sex

Jamila Shaibu said...

Alright

Anonymous said...

Correct

Anonymous said...

Leave our country alone. Go to your Biafraud.

Anonymous said...

Your father is a terrorist. Leave us alone and go to your Biafraud

Oshios Baba said...

Watever we need fuel

Ify Chude said...

This is what yu get when your president is clueless; unbundle/reorganize/ restructure what's the difference?

Fadeelah El Rufai said...

God bless U sir, God bless Apc, God bless my president, God bless Nigeria ameen! Change dole

Akamelu Emmanuel said...

Am actually counting on ur words Bonario. Let's wait and see

Anonymous said...

Bonario or whatever you call yourself, u are fucking retarded and stupid If you have followed the prior comments of this incompetent set of neophyte's you will not be typing or vomitting the rubbish you always type

RareSpecie Z said...

Real Talk.

Bold King said...

A good step in the right direction. Of course common sense is not comon after all, so wailers ride on.

Anonymous said...

Guess that is the way u insult your father at home. If he is a son of a bit cheaper like u said, he won't have achieved all he has this yes and since u are not a son of bitch then u are the daughter of the bitch

Anonymous said...

Olodo. Pls use ur dictionary.

Anonymous said...

Guess u are also referring to ur father who could not train u. If son of a bitch is the GMD. Then who are u. Irresponsible idiot that is clueless, stupid and irresponsible. I know that I how u refer to ur father at home. Get a life Hana.

Di Mateo Xavie said...

That one concern wuna

Anonymous said...

Pls u need a dictionary. Olodo rabata

Fadeelah El Rufai said...

@Bonario God bless U

Truth said...

BUHARI IS THE BEST PRESIDENT FOR NIGERIA. NIGERIANS NEED IRON HAND TO CHANGE, NIGERIANS ARE LIKE BABIES CRYING FOR FOR FOOD, DIPERS AND TO CLEAN THEIR MESS.THEY CANT WAIT FOR THE FOOD TO GET DONE CRYING THEY ARE HUNGRY. THIS PRESIDENT IS NOT PERFECT AND HAS BEEN SO REAL TO TELL US THINGS AS THEY ARE, BUT NIGERIANS KEEP WAILING AS IF THEY HAD IT PERFECT IN LAST 16 YRS.NIGERIANS ARE NOT FUTURISTIC IN THEIR THINKING TO SEE THAT THIS PRESIDENTS POLICIES WILL MAKE NIGERIA BETTER FOR OUR CHILDREN INSTEAD THEY ARE CONCERNED ABOUT NOW. I REPEAT IN THE END BUHARI WILL LAUGH LAST AND ALL HIS CRITICS WILL BE ASHAMED. GOD BLESS BUHARI. GOD BLESS THE FEDERAL REPUBLIC OF NIGERIA.
Freeborn zinalima said Nigeria must fall, its a sad comment for people to read and it shows he means no good for this nation

Sidi Ali said...

I'm pretty sure if the nnpc workers didn't go on a nationwide strike and the National Assembly didnt say anything regarding this issue most of the people talking rubbish wouldn't say anything, I mean why most people behave like sheeps, if they had praised this action from the minister in sure most of the people talking would also follow and praise even without knowing anything about it. Go and read and find out about it before spilling bile everywhere, I'm sure people are feeding off on what their favorite politicians said about this issue. Please us Nigerian youths need to be more proactive in research and finding out what each policies really mean

Sidi Ali said...

I'm glad we have some progressive thinkers in Nigeria like you, everything you mentioned is true. I mean most of this people writing negative and hateful comments don't even understand the issues at hand, if they are tired of living in Nigeria they can easily go and seek asylum outside simple. What we need in Nigeria are people who are ready to give there all

Anonymous said...

PPMC, please make outstanding payments to contractors bank money trapped by tsa.

Anonymous said...

NNPC needs to be dismantled completely,sold to private companies.the government SHOULD NOT run business;they should simply collect taxes.Can you imagine where we would have been if we still had to line up at public phone booths to make calls?That was because that unweildy NITEL was sold.Wake up people.Sentiment is our major killer.

Vivian Reginalds said...

LoL
-D great anonymous now as Vivian Reginalds

Mayor Greg said...

Aha, APC have also turned the man into a liar... I fear for my country!

udeze obumneme said...

Ok

Luciana Chinda said...

Issokay.

Anonymous said...

Kachukwu has done and still doing his bit to hold the country together.... Fashola, oya wake up o !!!

Anonymous said...

Kachukwu has done and still doing his bit to hold the country together.... Fashola, oya wake up o !!!