Tuesday 7 April 2015

ALTERNATIVE FUNDING FOR JOINT VENTURE PROJECTS

070415F-Joseph-Dawha.jpg - 070415F-Joseph-Dawha.jpgEjiofor Alike writes on the imperatives of alternative funding options to meet the additional one million barrels of oil equivalent per day (1mboed) target from joint venture by 2020

The federal government, through the Nigerian National Petroleum Corporation (NNPC) has over the last 10 years demonstrated lack of financial capacity to fund the Joint Venture (JV) projects between the NNPC and the International Oil Companies (IOCs).

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