Nigerians impatient for oil sector anti-graft reforms

Nigerians impatient for oil sector anti-graft reforms – First published on 16th Aug, 2015 by Frankkie Taggart

President Muhammadu Buhari’s appointment of a Harvard-educated lawyer to run the state oil company demonstrates his anti-corruption resolve — but only marks the start of a long reform journey, analysts say.

In early August he appointed Emmanuel Ibe Kachikwu, a former executive vice-chairman of Exxon-Mobil Africa, to head the Nigerian National Petroleum Corporation (NNPC) after sacking the entire board.

Everyone — from trading companies to Nigerian citizens — is waiting to see how the new government will approach these transactions, including the allocation of new export or swap contracts,” she said…..Read more 

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