Reform Will Not Save Nigeria’s Oil Economy, Only a Full‑Scale Transformation Will
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By Michael Kabi
Nigeria has launched yet another attempt to fix its troubled oil and gas sector. The new Presidential Petroleum Reform and Value Optimisation Taskforce is not the usual political committee assembled for optics. It brings together an unusually strong mix of banking innovators, capital‑markets specialists, legal minds, and seasoned operators. In a country where committees often feel like a ritual, this one has genuine intellectual weight.
But it also has a blind spot that cou
Nigeria has launched yet another attempt to fix its troubled oil and gas sector. The new Presidential Petroleum Reform and Value Optimisation Taskforce is not the usual political committee assembled for optics. It brings together an unusually strong mix of banking innovators, capital‑markets specialists, legal minds, and seasoned operators. In a country where committees often feel like a ritual, this one has genuine intellectual weight.
But it also has a blind spot that cou
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