PPPRA

FG to pay IOC cash call arrears within a five-year time frame – Kachikwu

November 22, 2016 Amurun KelvinLeave a Comment

Dr Ibe Kachikwu, Minister of State for Petroleum said that the Federal government would pay the 5.1 billion dollars Joint Venture Cash Call arrears owed International Oil Companies, IOC, within a five-year time frame. The Minister gave the assurance at inaugural meeting of the National Council for Hydrocarbon in Abuja on Tuesday. He said the […]

Between Subsidising Polluters and Thieves By Nnimmo Bassey

December 24, 2015 Leave a Comment

The movement against subsidising the fossil fuel industry continues to grow and is an integral part of the keep it in the ground struggle. However, in places like Nigeria, contentious subsidies are those related to the importation of petroleum products. The debate is yet to fully focus on the cost of production and related malfeasances. […]