Field Development

Nigeria eyes $50 billion for oil and gas, but major challenges loom

Head of Nigeria’s local content regulator says Shell projects worth $10 billion on drawing board, but warns of security and finance obstacles

Challenges: Nigeria’s President-Elect Bola Tinubu will need a thriving oil and gas sector to boost economy.
Challenges: Nigeria’s President-Elect Bola Tinubu will need a thriving oil and gas sector to boost economy.Photo: REUTERS/SCANPIX
London
Published 22 May 2023, 10:39Updated 22 May 2023, 11:50
NigeriaShellBonga NorthBonga South West AparoNCDMB