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Nigeria's Risky New Oil Revenue Plan

Nov 18, 2019 | 10:00 GMT
Color satellite image of the Niger Delta region in Nigeria. The city of Lagos, the second-most populous city in Africa, can be seen west of the river on the Atlantic coast.

A satellite image of Nigeria's oil-rich Niger Delta region. Lucrative offshore projects have helped boost the country's crude production in recent years.

(Planet Observer/Universal Images Group via Getty Images)

In a bid for more revenue, Africa's top crude producer has restructured its offshore royalty deals -- putting billions of dollars of investment in production at risk....

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