Back to business as usual with Buhari
The Nigerian president is likely to remain a difficult partner for oil firms in his second term in office
Muhammadu Buhari's victory in February's presidential elections reinforces the incumbent's control over the development of the Nigerian hydrocarbons sector. But those hoping that stability at the top for another four years could enable long-gestating radical reforms within the industry finally to be enacted may be disappointed. The size of 76-year-old Buhari's win surprised some Nigeria watchers who had expected the main opposition candidate, the 72-year-old businessman Atiku Abubakar, to run him closer. Buhari, representing the All Progressive Congress (APC), took around 56pc of the vote, while Abubakar, leader of the People's Democratic Party (PDP), came second with 41pc. As is customary i
Also in this section
24 December 2025
As activity in the US Gulf has stagnated at a lower level, the government is taking steps to encourage fresh exploration and bolster field development work
23 December 2025
The new government has brought stability and security to the country, with the door now open to international investment
23 December 2025
A third wave of LNG supply is coming, and with it a likely oversupply of the fuel by 2028
22 December 2025
Weakening climate resolve in the developed world and rapidly growing demand in developing countries means peak oil is still a long way away






