Buhari | Egypt Oil & Gas

Nigeria’s Buhari Approves Seplat’s Purchase of ExxonMobil’s Nigeria Unit

According to a statement released by the Nigerian government, Nigeria’s President Muhammadu Buhari has approved Seplat's purchase of ExxonMobil's Nigerian subsidiary, Reuters reported.

Nigeria Seeks $16.4b through Asset Sales

Nigeria’s Federal Government plans to generate up to $16.4b through asset sales in the next four years to reduce the burden on the nation's budget.

Nigeria’s President Says He Will Not Appoint an Oil Minister

The President of Nigeria, Muhammadu Buhari, will not appoint a new minister of Petroleum, stated

Nigeria’s Buhari in France to Strengthening Cooperation

Nigerian President Muhammadu Buhari was scheduled to travel to Paris on Monday for a three-day official visit to France following an invitation from President Francois Hollande. Meetings with the heads of French oil ...

Nigeria’s President to Split State Oil Company in Two

Nigerian President Muhammadu Buhari plans to split the state-owned Nigerian National Petroleum Corporation (NNPC) into two entities, his spokesman said on Saturday.

Buhari Denies Oil Savings Account Is Depleted

Nigerian President Muhammadu Buhari denied that the oil savings account will be depleted to pay government debts, including civil servants’ salaries.

Buhari Advised to Overhaul Nigerian Oil Sector

Advisors to Nigerian President Muhammadu Buhari have recommended a root and branch overhaul of Africa's biggest oil industry and increased borrowing to help pay off $20 billion of government arrears, a reform proposa ...

Nigerian President Dissolves Board of NNPC

Nigeria's new President Muhammadu Buhari dissolved the board of the state-owned oil company on Friday as a first step in cleaning up the sector in Africa's biggest crude producer.

Nigeria’s Buhari Advised to End Fuel Subsidy

Nigeria's new president, Muhammadu Buhari, has been advised by his transition committee to end a fuel subsidy program and privatize Nigeria's four refineries, senior sources in his party told Reuters on Sunday.

Buhari Plans to Keep Oil Portfolio Away from New Nigeria Cabinet

President Muhammadu Buhari is likely to keep the oil portfolio for himself in the new Nigerian cabinet, rather than trust anyone else with the source of most of Nigeria's revenue and traditional fount of corruption, ...

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