Buhari Advised To Overhaul Nigerian Oil Sector, Increase Debt

Advisors to Nigerian President Muhammadu Buhari have recommended a root and branch overhaul of Africa’s biggest oil industry and increased borrowing to help pay off 20 billion US dollars of government arrears, a reform proposal document shows. Buhari, who won a shock election victory in March, has so far given little indication of his policy agenda as he has focused on his main election pledges of tackling corruption and a six-year insurgency by Islamist sect Boko Haram.