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

Published Tue, Mar 14, 2017 · 09:50 PM

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.

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