November 13, 2026
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Kachikwu decries high cost of oil production

 Minister of Petroleum Resources, Dr Ibe Kachikwu has decried the high cost of oil production at 32 dollars per barrel, saying it makes cost of Foreign Direct Investment (FDI) very expensive. Kachikwu made the assertion at the 2017 Annual Conference of the National Association of Energy Correspondents (NAEC), in Lagos. The minister said that the […]