Muhammadu Buhari | Egypt Oil & Gas

OPEC: Nigeria Urged to Sustain Energy Reforms

The Organisation of Petroleum Exporting Countries has urged Nigeria to sustain its ongoing energy reforms in order to succeed in transforming the country.

Nigeria to Start Dialogue with Militants, Buhari Flies to London

Nigerian President flew to London for a 10-day holiday, during which he will receive medical treatment for a persistent ear infection. His trip came days after the ruler cancelled a trip to the restive Niger Delta re ...

Nigerian President Cancels Visit to Oil-Producing Niger Delta

Nigerian President Muhammadu Buhari has cancelled at the last minute a visit planned to the oil-producing Niger Delta, which has been hit by a wave of militant attacks.

Nigeria Militants Renew Threat as Buhari Visits Delta

The militant group Niger Delta Avengers (NDA) has issued a renewed threat to international oil companies as Nigerian President Muhammadu Buhari reportedly plans a visit to the troubled region.

Buhari Signs Nigeria Delayed Record-Budget

Nigeria's President signed the delayed 2016 budget into law ending weeks of wrangling with lawmakers and tripling capital expenditure as Africa's biggest economy contends with its worst crisis in years.

Nigeria’s NNPC Secures Crude Import to End Fuel Scarcity

Nigerian President Muhammadu Buhari has given approval for the Nigerian National Petroleum Corporation (NNPC) to import additional crude oil volume to guarantee supplies of Premium Motor Spirit (PMS) petrol with a go ...

Nigeria to Extend Oil&Gas Exploration In Lake Chad Basin

Nigeria plans to extend oil and gas exploration in new fields in the Lake Chad Basin in the North East and in the coastal states such as Lagos, where oil has been discovered in commercial quantity.

Nigeria Breaks Up National Oil Company Into 7 Units

The Nigerian National Petroleum Corporation, NNPC, has been unbundled into seven independent operational units by President Muhammadu Buhari, in attempt to restructure the company trying to recover its financial loss ...

Nigeria to Restructure State Oil Giant to Make it Profitable

Nigeria is set to split its giant state-run National Oil Company into 7 independent units -before it was said the split would be into 30 units– in an effort to improve efficiency in the wake of the oil price crash.

Nigerian President: Oil Prices ‘Totally Unacceptable’

Nigeria's President Muhammadu Buhari said the OPEC cartel needs to take action to stabilize the oil market because crude prices have fallen down to "totally unacceptable" levels.

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