ABUJA–Minister of State for Petroleum Resources, Ibe Kachikwu has stated that government has not unbundled the Nigeria National Petroleum Cooperation, NNPC yet.

Explaining the development at the oil sector in an interview with State House correspondents after the meeting of the Federal Executive Council, FEC, at the Presidential Villa, Abuja, the minister who is also the Group Managing Director, GMD of NNPC, said that what the cooperation did was reorganization.

He said: “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”.

Read more at: http://www.vanguardngr.com/2016/03/weve-not-unbundled-nnpc-kachikwu/

Another policy Summersault. Unbundling and reorganization are one and the same. Ibe Kachukwu should face the blues and be immediately sent on a compulsory sabbatical. Enough is enough on the mismanagement and indirection by this administration. President Buhari must start making scapegoats of some funny ministers in his cabinet, the worst part is that when the news broke out, there were those who where cheering him on.

They should do It fast to ensure transparency

the most confused Government since 1960

The trademark of an unstable government of a herdsman.

No policy direction and clear-cut developmental blueprint.

For how long shall we endure the gross incompetence of the emasculated EUNUCH and the diminutive-cum weak and uninspiring VP(errand boy) in aso villa??

Buhari is as useless and erratic as his rabid herders in the middle belt,

Had it been Nigeria is an aircraft, this incompetent, clueless, lying, diabolical, illiterate, jaundiced, myopic, paranoid and undemocratic Daura dwelling urchin would have ineffectually PILOTED us down the abyss of Atlantic ocean

Ibe kachikwu is not used to the political red tapes. He is learning.

erunz:
the most confused Government since 1960

I swear. And more saddening is that they have many fools as supporters

Oj

E be like say nah Tumbo, Tumbo Buhari and his group dey do oo.

Kachikwu is very smart.

It is still one NNPC but with each unit given higher autonomy.

So what has changed?
We need to debate this issue in public so nigerians will understand the effect of the policy.

mile12crises:
The trademark of an unstable government of a herdsman.

No policy direction and clear-cut developmental blueprint.

For how long shall we endure the gross incompetence of the emasculated EUNUCH and the diminutive-cum weak and uninspiring VP(errand boy) in aso villa??

Buhari is as useless and erratic as his rabid herders in the middle belt,

Had it been Nigeria is an aircraft, this incompetent, clueless, lying, diabolical, illiterate, jaundiced, myopic, paranoid and undemocratic Daura dwelling urchin would have ineffectually PILOTED us down the abyss of Atlantic ocean

the dulllard thought it was all about wandering aimlessly in the bush

Montaque:
So what has changed?
We need to debate this issue in public so nigerians will understand the effect of the policy.

debate which issue in public? when the president declined to debate in public as he was contesting?

MEDICINE AFTER DEATH!

A govt of flip-flops by the confused and for the zombies! What do we believe? We are on a long thing! Let's brace up Nigerians!

A govt of flip-flops by the confused and for the zombies! What do we believe? We are on a long thing! Let's brace up!

The education system in Nigeria is terrible. It was obvious that NNPC was still one entity; they just reorganized the business units. Obviously most senators and most Nigerians complaining are victims of a failed education system

mile12crises:
The trademark of an unstable government of a herdsman.

No policy direction and clear-cut developmental blueprint.

For how long shall we endure the gross incompetence of the emasculated EUNUCH and the diminutive-cum weak and uninspiring VP(errand boy) in aso villa??

Buhari is as useless and erratic as his rabid herders in the middle belt,

Had it been Nigeria is an aircraft, this incompetent, clueless, lying, diabolical, illiterate, jaundiced, myopic, paranoid and undemocratic Daura dwelling urchin would have ineffectually PILOTED us down the abyss of Atlantic ocean

Wow!!!...says all abt ur thinking

NNPC staff are gullible and they lack sense of reasoning, they should just explained the basis to them cos they believe they can just sabotage the national company due to their own ignorance.
I think, they know what may befall them afterwards as many loopholes will be revealed.

Genius100:
The education system in Nigeria is terrible. It was obvious that NNPC was still on entity; they just reorganized the business units. Obviously most senators and most Nigerians complaining are victims of a failed education system

benefits of awolowo free and substandard education

[size=15pt]This govt is made up of such a confused set of people[/size]

English is an interesting language.

maupe:
Another policy Summersault. Unbundling and reorganization are one and the same. Ibe Kachukwu should face the blues and be immediately sent on a compulsory sabbatical. Enough is enough on the mismanagement and indirection by this administration. President Buhari must start making scapegoats of some funny ministers in his cabinet, the worst part is that when the news broke out, there were those who where cheering him on.

Mr man,so you prefer the way NNPC is like this abi?

Which kind govt be this na?
We hardly know what to believe

APC SUPPORTERS ARE LIKE THIS
Example:
Buhari :
my government will pay unemployed Nigerians 5k every month.
Zombies:
sai Baba... change is here..Nigeria will rise again!
.
Buhari:
I never promised to pay unemployed Nigerians 5k each month.
.
Zombies:
No mind those Jonathanians. With their fake news. Show us links where he promised that. We are solidly behind you. Nothing for yam eaters
.
Buhari :
We have started collection of data to enable us pay the unemployed graduates 5k.
.
Zombies :
Where are those TANoids that said Baba is not a promise keeper...shame on all PDP. Baba till 2023 !
.
Buhari:
I wont pay 5k to unemployed youths. Its not a priority !
.
Zombies:
Baba is right! Whats the use of 5k? What can 5k do to anyone. Mr president we love u. Best president ever!
.
I wont be surprised if I wake up tomorrow and hear :
.
Buhari:
Unemployed Nigerians should pay 5k every month to the government.
.
His idiotic zombies will be like:
.
Zombies:
Think of what u can do for your country and not what your country can do for you. Baba is right. But I know those unpatriotic wailers wont pay
.
Abeg no vex o. Is this thing ordinary?

Just with one word... "REORGANIZATION".... Kachikwu finished every mufungos shouting breach of NNPC Act.....It's really a bad market for the striking staffs...I think Corruption in Nigeria is almost in everyone's vein... God Help Us!

This is what happens when you have three wives at home, then two big appointments, plus being an APC member....


Tell me,how can he be focused and not confused? Being an APC member alone makes one extra confused!




Nigeria is now being ruled by palm wine patronizers

maupe:
Another policy Summersault. Unbundling and reorganization are one and the same. Ibe Kachukwu should face the blues and be immediately sent on a compulsory sabbatical. Enough is enough on the mismanagement and indirection by this administration. President Buhari must start making scapegoats of some funny ministers in his cabinet, the worst part is that when the news broke out, there were those who where cheering him on.

Read read read

Government of U - Turn

Now I really see what clueless means.
Per the noise maker...
"I am concerned. I don’t want the industry shut down. I am sure we are going to resolve the issues very soon”.

If everything is ok why end it with such uncertin outcome if " nothing is new"

ooooooh!

Kachikwu tun boro je..

unbundle anything joor.. we're solidly behind you

Someone wake me up when Bubu and his bunch of Noisemakers make their mind up.

Story for the gods