FG to Pay First Tranche of $5.1bn Cash Calls Debt to IOCs in April

FG to Pay First Tranche of $5.1bn Cash Calls Debt to IOCs in April

 Advises oil multinationals to invest in refineries Chineme Okafor in Abuja The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has disclosed that the federal government will next month disburse the first tranche of the $5.1 billion Joint Venture (JV) cash calls debt it owes international oil companies (IOCs) operating in the country. The […]
Source: FG to Pay First Tranche of $5.1bn Cash Calls Debt to IOCs in April

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post culled from thisdaylive