Nigerians impatient for oil sector reforms

LAGOS: Nigerian President Muhammadu Buhari’s appointment of a Harvard-educated lawyer to run the state oil company demonstrates his anti-corruption resolve -- but only marks the start of a long reform journey, analysts say.

Industry observers note the formidable challenge he faces in sanitizing a sector that accounts for 70 percent of the country’s revenue, but which is notorious for mismanagement and rampant theft.