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No Subsidy Removal Now – Kachukwu

L-R: Former Minister of State for Science and Technology, Alhaji Abdulahi Ibrahim, former Minister of Science and Technology, Mrs Pauline Tallen, the Minister of Science and Technology, Dr Ogbonnaya Onu and former Minister of Science and Technology, retired Maj.-Gen. Sam Momah, during the meeting of the Minister of Science and Technology and the Permanent Secretary with former Ministers of Science and Technology, in Abuja, yesterday.
The Minister of State for Petroleum, Dr. Ibe Kachikwu, said the Federal Government would focus on price modulation of petroleum products to ensure efficiency and provision of the products.
Kachikwu said this while addressing newsmen day in Abuja, yesterday.
He said the price modulation had nothing to do with the removal or existence of subsidy.
“There is too much emotion around subsidy issue, but our focus is that the Federal Government should not spend as much as it spends every year on subsidy.
“First, it is an issue of irresponsibility; this year we have spent about one trillion and given the state of the finances, we have to save money from every means.
“What I am trying to do is to make sure that whatever we do, the poor people will not be affected. So whatever we are going to do will be intellectual,’’ he said.
On the way forward, the minister said that the NNPC would review the template of the Petroleum Products Pricing Regulatory Agency (PPPRA) and achieve reduction in the cost for clearing goods.
According to him, foreign exchange provisions will be looked into, to ensure stability in the system.
He added that efforts were being made to ensure more allocation to the oil industry to ensure certainty in the system.
He said that Nigeria consumed below 40 million litres of Premium Motor Spirit (PMS) per day, adding that a reduction in smuggled products would put the level of consumption between 35 and 36 million per day.
“If we take this analysis, we can deliver products today with the price of oil where it is and also sell close to the prices we have today.
“It is not that we have removed subsidy but the application of market forces will enable you to sell products as close to the prices we have today.
“Is it going to be between N87 and N90; we will have to get PPPRA to do those templates and at 35 million (litres) we may sell products at N87; by the time we consume 36, we may be selling at N90 or N91,’’ he said.
He said a band had been approved between N87 and N97 to look at price modulation, adding that it would look at price at every given time of crude.
The minister said that the price would no longer be fixed, noting that the price of crude would continue to determine what the price of product would be.
Kaichukwu said that the report that pump price would go back to N97 in 2016 was not true, adding that a band of N87 and N97might be adopted,
“ Today the prices are largely close to N87; there might be no need to change the price by January, and it might go up or come down slightly by April.
“It is all the dynamics of what the crude is; so, I have not put a static figure, myself and PPPRA will sit down and do the calculations and be able to announce what price PMS will sell in January,’’ he said .
The Minister added that there was no anticipation of any major shift in regards to the price of crude.
On the state of the refinery, he said that as at October, the four refineries performed at zero level but noted that in a few days, the Port Harcourt and Kaduna refineries might be able to bring up some production.
He said that the refineries would not be relied on until the state of their maintenance was completed, adding that Federal Government had agreed that it would not sell them at their present state.
“We are going to try and repair them; we are going to find external funding to be able to repair them, and my preference is to find somebody who is a technical partner to invest,’’ he said.
He expressed hope that two of the nation’s refineries would be at the level of completion in 2016, adding that if Port Harcourt reached 60 per cent completion, it would produce an average of five million barrels.
He blamed fall in global oil price, poor contracting, lack of efficiency, funding and even focus to losses in production in the year.
Commenting on the Petroleum Industry Bill, he said it would be split into segments to enable passage by the National Assembly.
He said that the two segments were fiscal and non fiscal segment, adding that a draft on the non fiscal had been received.
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Nigeria Hosts World Public Relations Forum Sept …As Experts Seek Inclusion Of PR In Decision Making
Barring last minute changes, Nigeria will host the world public relations forum in September this year.
President, Nigerian Institute of Public Relations, Dr Ike Neliaku disclosed this in a goodwill message at the 2026 World Public Relations Day which took place at the Ignatius Ajuru university of Education, Port Harcourt
The theme for this year’s World Public Relations Day was “Golden Age; Driving Impact of Strategic Public Relations”.
The president, who was represented by a member of the Governing Council of the Institute, Pastor Paulinus Nsirim, said over 3,000 delegates from over 128 countries are expected at the event scheduled to hold in Abuja this September.
Meanwhile, PR experts have called for policies that will ensure the inclusion of public relations practitioners in all decision making bodies in the society.
They said this at the just concluded world Public Relations Day in Port Harcourt.
According to them, public relations has evolved beyond mere media relations, as it has become a necessary ingredients for community development
Speaking on this, President of the Institute, Dr. Ike Neliaku, said public relations has evolved into a high value strategic function at the highest level of decision making in the society.
“Public Relations practitioners are now board room strategists, reputation architects and custodians of institutional credibility, shaping decisions at the highest levels of governance and leadership,” he said.
He urged practitioners to lead with insight, counsel with integrity and build trust based relationship that define strategic influence.
?Chairman of the Rivers State Chapter of the NIPR, Rev. Francis Asuk, described the theme for the celebration as both timely and profound as it recognises the critical role of strategic communications in addressing the complex , social, economic, political and developmental challenges of our time.
Asuk said the celebration is a reminder that public relations has evolved to become a strategic management function that build trust, shape perception, strengthen institutions and foster sustainable relationship between organisation and their stakeholders.
The NIPR chairman, however, lamented the influx of quacks into the practice, warning that something must be done about it.
?He emphasized that only licensed professionals can effectively communicate and market government policies and organisational programmes to achieve set targets.
? “We have observed that people who are not professionals, who are not chartered, who are not members, are secretly entering into the profession and creating confusion, creating all the wrong perceptions that sometimes come.
“If you are not a registered member of NIPR, you do not have the license to practice. And therefore, we encourage all those who want to be communication professionals, to properly register with the NIPR. The NIPR has made it possible and has created a robust platform to encourage all who are qualified to come in and practice and be trained”.
?Azuk noted that the theme of the the 2026 World PR Day, “The Golden Age of Strategic Public Relations,” recognises the critical role of strategic communications in addressing the complex social, economic, political, and developmental challenges of the the present time.
?”It also reminds us that public relations has evolved beyond publicity to become a strategic management function that builds trust, shapes perception, strengthens institutions, and fosters sustainable relationships between organisations and their stakeholders,” he added.
?He noted that for a developing economy such as Nigeria, strategic public relations is indispensable, stressing that sustainable development cannot be achieved without effective communication that encourages transparency, builds public confidence, promotes citizen engagement, and inspires active service.
By: John Bibor
News
Tinubu, Fubara Condole Amaechi Over Mother’s Death
President Bola Tinubu has commiserated with the former governor of Rivers State and Minister of Transportation, Rt. Hon. Rotimi Chibuike Amaechi, over the passing of his mother, Dame Ezinne Mary Oduah Amaechi, who died at the age of 89.
Tinubu, in a statement by his Special Adviser on Information & Strategy, Bayo Onanuga, last Friday, expressed heartfelt condolences to Amaechi and family, the Catholic Church and the government and people of Rivers State over the loss of the deceased.
He acknowledged the deceased’s commitment to the Catholic faith, her exemplary devotion to family values, and her dedication to raising her children.
The President also noted that the late matriarch’s life reflected the virtues of love, sacrifice, kindness, and perseverance, qualities that endeared her to all who came in contact with her.
He urged the bereaved family to take solace in the remarkable legacy of faith, dignity, and service that Dame Amaechi bequeathed to her children, the Church, and society.
“My heartfelt condolences to Rt. Hon. Amaechi, the entire Amaechi family, the Catholic faithful, and the government and people of Rivers State over the loss of Dame Ezinne Amaechi, a champion of faith whose life was marked by humility and selfless service to humanity.
“May Almighty God grant her soul eternal rest and comfort all who mourn her passing at this difficult time”, the President said.
In his own condolence message, the Rivers State Governor, Sir Siminalayi Fubara, expressed deep sympathy with Amaechi, describing the death of his mother as an irreparable loss not only to the immediate family, but to the Catholic congregation, the entire Ubima community and Rivers State.
In a condolence message issued on behalf of the government and people of Rivers State, Fubara noted that the loss of a mother is a deeply painful experience, and urged the family to take solace in the good life the deceased lived and the legacies she left behind.
He acknowledged the vital role the deceased “played in shaping the character and values of her family and the community at large.”
He prayed God Almighty to comfort the entire family at this difficult period and grant the soul of the departed matriarch a peaceful rest.
News
Uphold Principles Of Dev, Rivers SSG Charges Tertiary Institutions
The Secretary to the Rivers State Government, Dr. Dagogo Wokoma, has urged officers of tertiary institutions in the state to continue to uphold the principles of educational development for societal growth.
The SSG noted this during a courtesy visit by the Rector and principal officers of Captain Elechi Amadi Polytechnic in Port Harcourt, last Friday.
The SSG, according to a statement by the Head of the Media in his office, Juliana Masi, noted that education is a catalyst for development.
“I believe this institution will continue to grow and become a central place of learning and development,” he said.
Also speaking, the Rector, Captain Elechi Amadi Polytechnic, Dr. Moses Neebee, said the projects initiated by Governor Siminalayi Fubara’s administration are ready for commissioning.
He said the polytechnic was accredited by the National Board of Technical Education and the Federal Ministry of Education, and is therefore ready for greater impact in the educational sector.
The Rector thanked Governor Siminalayi Fubara for timely execution of projects and welfare of staff in the institution, and appealed to the State Government for further support.
“We thank His Excellency, Sir Siminalayi Fubara for fulfilling his promise in the polytechnic by ensuring the execution of projects and the welfare of staff”, he said.
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