Buhari | Egypt Oil & Gas
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, All Africa informed. According to Bloomberg, the sales will hel... 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 Reuters. Buhari, whose political campaign was largely against corruption in the government and oil industry, said that h...
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, South Africa’s News24 reported with inf... 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, elected in March on promises to combat corru...
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. The government will use a $2.1 billion dividend paid into the Treas... 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 pr...
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. Inaugurated on May 29, Bu...
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 Su... 
