NNPC: Oil price would rise again...Kachukwu

Minister of State for Petroleum, Ibe Kachikwu

Minister of State for Petroleum, Ibe Kachikwu on Monday revealed that the price of oil may rise again.Kachikwu while rendering a poem on oil during the sixth African Petroleum Congress in Abuja said the prices may not rise too high, but they would also not stay too low.

He said, “I was asked by an ephemeral subject being whose name is oil to say a few words on its behalf.
“My name is oil, the very kind people who are kind to me call me black gold. The ones who hate me call me crude.
“I worry for my future; everyone now talks down on me. Even farmers who trembled at the sight of my name are now strategizing against me.
“And all my beneficiaries, me have they abandoned. All because the producers have lost their tracks. But I would rise again, and when I do, I will take no prisoners.
“I would new technologies control, I will new technologies control. I will my supremacy confirm. I will my respect regain.
“And my pricing, not too low, not too high, but I would not allow prices to humiliate me. All of you in OPEC, APPA, GCEF and all such bodies who have shown me no respect recently, soon, you’ll eat your words.”