Nigeria's indigenous oil companies have embarked on an unprecedented buying spree, snapping up assets from departing Western majors for billions of dollars.
But the celebration may be premature, as BusinessDay’s findings have shown that sourcing the financial firepower to maintain aging infrastructure, develop new reserves, and meet environmental obligations in one of the world's most challenging operating environments may be the hardest challenge.
According to The Economist, a British journal, most indigenous oil companies, with the nota
