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“The extradition procedure can only be ignited by the AGF, who has the exclusive powers to apply to court to extradite a suspect from Nigeria to another country, or activate the mutual assistance of a host country of a suspect to extradite the wanted person back to Nigeria.”

“2017 to 2019 is likely to see the largest increase in mega projects production in history, as the record 2011-13 capex commitment yields fruit. This long-lead-time wave of projects and a short-cycle revival, led by United States shales, could create a material oversupply in 2018-19,” Goldman Sachs said in a note.