All Africa: Nigeria - Challenges Before Buhari's Administration in Petroleum Industry

Nigeria is the largest oil producer in Africa and is among the world's top five exporters of LNG. Despite the relatively large volume of crude oil reserves, the country's oil production is hampered by instability and supply disruptions, while the natural gas sector is restricted by the lack of infrastructure to monetize natural gas that is currently flared (burned off).

The incoming government may have to content with numerous challenges, which are bedeviling the oil and gas sector.

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