Nigeria: Govt saves $1.7bn on cash call payment to IOCs

18 November 2016, Abuja – The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, on Thursday said a solution put in place by his ministry and the Nigerian National Petroleum Corporation to find a sustainable solution to the funding of Joint Venture cash call obligations of the Federal Government had led to savings of $1.7bn. […] More »