Nigeria's plan to sell oft-bombed oil assets faces challenges: analysts

Johannesburg

FOR sale: stakes in oil fields. Bids from world class energy companies preferred. Pipelines and terminals associated with the deposits only blown up about a dozen times in the past year. Deal may depend on crude prices.

Nigerian President Muhammadu Buhari's government on March 7 proposed a plan to jump-start the economy by, among other things, selling stakes in joint-venture oil projects within the next three years.

Given a militancy escalation that blighted those very assets last year and previous struggles to privatise state businesses, analysts inside and out…