• Kachikwu to appear before Senate over $15 billion oil deals

    Kachikwu to appear before Senate over $15 billion oil deals

    In light of the signing of oil deals totalling $115 billion, the Senate yesterday decided to summon the Minister of State for Petroleum Resources, Mr. Ibe Kachikwu, to throw light on the deals.

    Kachikwu will be addressing issues concerning the $15 billion proposed Memorandum of Understanding (MoU) with the Indian government in the oil and gas sector.

    The minister will also explain the details of the over $80 billion MoU he signed with Chinese firms in the same sector.
    Apart from the $80 billion deal, the […]