Nigeria Stares Into the Abyss of a Life Without Oil Cash

PwC economist says Nigeria may face years without oil revenue
IMF approves biggest ever financial support to the country

An oil rig sits in Nigeria's delta region. — An oil rig sits in Nigeria's delta region.
Photographer: George Osodi/AP Photos

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Before it’s here, it’s on the Bloomberg Terminal

By William Clowes, Elisha Bala-Gbogbo, and Bill Lehane

May 6, 2020 at 3:53 AM EDT

Updated on

May 6, 2020 at 10:50 AM EDT

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Africa’s most populous nation is getting almost nothing from its massive oil wealth.

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Before it’s here, it’s on the Bloomberg Terminal