Kachikwu’s funding options for $7bn unpaid JV cash calls

20 June 2016, Abuja – Nigeria’s crude oil production from the Production Sharing Contracts (PSCs) with the international oil companies (IOCs) is known to have grown by over 700 per cent in the last 10 years due to federal government’s non-involvement in funding PSCs. In contrast, the country has lost over 50 per cent of crude […] More »