During the 1970s Nigeria had a prosperous, export-orientated mining industry. Before the discovery of oil, the West African nation had developed strong production operations for coal, tin and columbite. The discovery of hydrocarbons eclipsed these activities and relegated mining to an economic footnote. However, with the recent decline in the global price of oil and reductions in production...
Articles & Analysis | Institutional developments and legal changes restructure Nigerian energy sector from The Report: Nigeria 2016
Taking office in March 2015, Muhammadu Buhari, president of Nigeria, has made improving governance a top objective for his administration, with the energy sector one of his first priorities. Central to this is an overhaul, already in the works, for the Nigerian National Petroleum Corporation (NNPC) – the state-owned enterprise that both...
Articles & Analysis | Nigerian firms playing greater role in the energy sector from The Report: Nigeria 2016
There is a quiet revolution under way in Nigeria’s energy sector. As part of a broader push to boost local participation in the energy industry, a range of indigenous companies, such as Shoreline Energy, Frontier Oil and Transcorp, have emerged over the past decade, increasingly gaining access to a modest share of the upstream segment and...
Articles & Analysis | Key improvements to national pipeline network rolled out in Nigeria from The Report: Nigeria 2016
With most gas found offshore in the eastern section of the country’s territorial waters, the need for pipelines to move gas elsewhere is paramount, given the large population centres in both the west and the north. Long-awaited upgrades to Nigeria’s pipeline network are expected in the next several years, aimed at addressing this key...