The senate has resolved that plans by the Ministry of Petroleum Resources to concession the Port Harcourt refinery to AGIP or Oando should be suspended, while an ad-hoc committee will be set up to look into the concession arrangement.
The said the confidence reposed on Kachikwu was an indication that President Buhari values competence and performance as the Minister had restored sanity and orderliness to the oil industry within a short time in office.
Minister of State for Petroleum Resources, Ibe Kachikwu, has again expressed optimism that Nigeria would stopped the importation of Premium Motor Spirit, PMS, commonly known as Petrol by 2019.