Joint ventures financing gulps N7.5tr in 5 years – NEITI

19 December 2016, Abuja –  The Nigeria Extractive Industries Transparency Initiative (NEITI) has lauded the federal government for terminating the cash call payments on Joint Venture (JV) agreements with major international oil companies (IOCs) saying N7.5 trillion was spent on financing the arrangements in five years. In a statement by the spokesman, Dr. Orji Ogbonnaya […] More »