See what Sahara Reporters publisher, Omoyele Sowere thinks of Kachikwu's promotion as NNPC Chairman

Fuel Price Hike: I am not against the removal of subsidy but the approach - Princewill

By Hector Spiff

Prince Tonye Princewill, the Labour Party Governorship candidate in the 2015 general elections in Rivers State, has reacted to the current removal of fuel subsidy by the federal government yesterday, saying that he was not against subsidy removal but against the approach in its removal.

Government to introduce new petroleum policy in the next few days - Kachikwu

Minister of state for Petroleum Resources and Group Managing
 Director of NNPC, Ibe Kachikwu, says the Federal Government
 will be coming up with a new policy for the Petroleum sector within
the next few days. Speaking during the second town hall meeting
organised by the federal ministry of information and culture in Kaduna
state yesterday May 10th, Kachikwu said the new policy will allow petroleum
price products to swing along the line of the international market.

Industry experts say the new policy will allow oil marketers determine how much
they will sell their products while the Federal Government will continue to
subsidize the products at all NNPC fuel outlets.‎

They project that the new regime may shoot petrol price to as much as N130 per liter“We are coming up with a new policy in the next few days that will allow our
fuel price swing along with international pricing. We are now transiting into fuel
modulating pricing, because we do not have sufficient foreign exchange to
continue fuel importation we have been doing.”‎ The minister said

Fixing the fuel distribution challenge

By John T. Ikyaave

Video: Kachikwu explains cause of fuel scarcity, and the way out

Fuel Scarcity: Senate summons Kachikwu

Henry Umoru & Joseph Erunke ABUJA —WORRIED by the 
unending nationwide fuel scarcity, the Senate, yesterday, 
summoned the Minister of State for Petroleum Resources,