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 March 2026
It is an unusual story of out with the new and in with the old, as America First Refining shows the US going back to trusted energy security developments
23 March 2026
A complex and sometimes contradictory web of factors that include unpredictable oil prices, the globalisation of LNG markets, the expansion of Middle Eastern sovereign capital and the growth of datacentre demand will shape the energy landscape beyond 2026
23 March 2026
The Strait of Hormuz crisis highlights how key waterways can become global chokepoints
20 March 2026
Attacks on key oil and LNG assets across the Gulf mean a prolonged supply disruption, with damage to Qatar’s export capacity undermining confidence in the global gas system
