The Digest:
Amid concerns over Nigeria's low oil output, the Presidency is signalling a major shake-up of the NNPC's asset ownership model. According to official statements, the government questions the state oil firm's capacity to fund and execute the drilling campaigns needed to boost...
The Digest:
The Federal Government has announced it is open to selling the state-owned Warri, Port Harcourt, and Kaduna refineries, a potential watershed moment aimed at boosting competition and ending decades of reliance on subsidized, underperforming national assets.
Key Points:
The...