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  RMAFC backs FG on US$15bn cash-for-oil deal with INDIA


Oct 20 (Lagos) - The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has thrown its weight behind the move by the federal government (FG) to seal a US$15 billion future oil deal with the government of India. 

The minister of state for petroleum, Ibe Kachikwu, had on Tuesday announced a deal with the Indian government that would immediately put US$15 billion cash in the coffers of the Nigerian government for oil contracts that would be supplied in the years ahead.

reporting for easykobo.com on Thursday, Oct 20 2016 from Lagos, Nigeria

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