Reps, Kachikwu disagree over NNPC’s crude swap deals

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, and members of the House of Representatives exchanged words on Tuesday over the controversial crude oil for refined products exchange contracts between the Nigerian National Petroleum Corporation and some trading firms. The contracts, which ran between 2010 and 2014, were worth over $24bn in value. […] More »