Muhammadu Buhari

  • OPEC: Nigeria Urged to Sustain Energy Reforms

    OPEC: Nigeria Urged to Sustain Energy Reforms

    Wednesday, 22nd June 2016
    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

    Nigeria to Start Dialogue with Militants, Buhari Flies to London

    Tuesday, 7th June 2016
    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 region at the last minute.
  • Nigerian President Cancels Visit to Oil-Producing Niger Delta

    Nigerian President Cancels Visit to Oil-Producing Niger Delta

    Thursday, 2nd June 2016
    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

    Nigeria Militants Renew Threat as Buhari Visits Delta

    Wednesday, 1st June 2016
    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

    Buhari Signs Nigeria Delayed Record-Budget

    Monday, 9th May 2016
    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

    Nigeria’s NNPC Secures Crude Import to End Fuel Scarcity

    Tuesday, 29th March 2016
    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 goal to end fuel scarcity in the country.
  • Nigeria to Extend Oil&Gas Exploration In Lake Chad Basin

    Nigeria to Extend Oil&Gas Exploration In Lake Chad Basin

    Tuesday, 15th March 2016
    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

    Nigeria Breaks Up National Oil Company Into 7 Units

    Wednesday, 9th March 2016
    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 losses recorded over the last decade.
  • Nigeria to Restructure State Oil Giant to Make it Profitable

    Nigeria to Restructure State Oil Giant to Make it Profitable

    Sunday, 6th March 2016
    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’

    Nigerian President: Oil Prices ‘Totally Unacceptable’

    Monday, 29th February 2016
    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.