A combination of external factors should help Nigeria maintain elevated oil production over the short term, with the government hoping to further enhance output through a long awaited overhaul of the sector’s regulatory framework.
Nigeria Energy
Displaying 7 - 12 of 28
Three years after the start of Nigeria’s power privatisation programme, the government is looking to burnish the attractiveness of the sector by providing a range of new incentives and guarantees.
Far-reaching and long-awaited plans aimed at reforming Nigeria’s oil industry are gathering pace, though they have met with resistance from some stakeholders.
Economic update | Nigeria’s power sector goes private
11 Dec 2015
The privatisation of Nigeria’s power generation and distribution assets has paved the way for an increase in electrification, although ongoing issues with gas supply and distribution are proving a challenge.
Low oil prices have hurt Nigeria’s upstream revenues but a long-overdue administrative restructuring of the national oil company and improved production at Nigeria’s refineries should give the country’s downstream hydrocarbons sector a welcome boost.
Economic update | Nigeria targets gas production
18 Dec 2014
Nigeria is looking to improve and expand the supply of gas used by its power sector, as part of a comprehensive overhaul of electricity generation.