Publication date: 2016, June
Author: africapractice
Description: The downturn in global oil prices has placed significant pressure on Nigeria's economy, turning the spotlight on a number of structural, legal and political issues underpinning the country's energy sector. Last year's landmark change in government has brought renewed impetus to energy sector reform initiatives. However, President Muhammadu Buhari's administration faces many of the same challenges as his predecessors in advancing the reform agenda. In this note, we explore what we believe to be five of the most critical issues affecting the strategic outlook for the country's energy sector across the length of its value chain.