Serving Nigeria Costs Me At Least a Million Dollars Every Year - Kachikwu

Posted by George on Mon 15th Feb, 2016 - tori.ng

Ibe Kachikwu has publicly disclosed his heavy financial losses suffered as a result of his bid to serve his country.

Ibe Kachikwu

Ibe Kachikwu, minister of state for petroleum resources, has revealed that his acceptance to serve the country cost him “at least a million dollars every year” according to the Cable.

Speaking in Abuja on Sunday, Kachikwu said although his former job was more rewarding financially, he decided to serve Nigeria for the love of his fatherland. He said all hands must be on deck to build enduring institutions that would secure the future of the country and improve on the standard of living of Nigerians.

“The call to public service for me was unique. I was vice-president of Exxon Mobil West Africa and I was suddenly called to serve,” he said.

“In serving, I lose a lot of money, if not at least a million dollars every year by virtue of being a minister, but the thing is, I am directed by the voice of God.

“I believe that this country needs help. I believe that it is about time we began to perform for the young and upcoming. I believe that the sheer capacity of this country is unimaginable.

“I do not know of any country in the world with our population, our resources, our intellect, our flamboyance, our family nexus, everything is together.”

Kachikwu said with the right leadership, the current economic crunch in Nigeria could be surmounted. He said Nigerians would not feel the impact of the challenges posed by drop in the price of oil if government properly harnessed other natural resources.

“Everything in this country is together; the only thing that is not together is leadership and in God’s name; we are bound to change that.

“In every little space that you have, and in my own case petroleum, you have to make an absolute change and so I am not worried about price of oil.

“It can be five dollar for all I care. I am worried about the direction of the industry; I am worried about changing things the way they have never done before.

“I am worried about creating opportunities that exist; I am worried about improving the standards of living; I am worried about encouraging opportunities in the sector. I am worried about opening up those opportunities that have existed for years,” he said.