An oil company can manage its political risk in Nigeria by all of the following EXCEPT

Question

Quizplus · Accepted Answer

Siding with the political establishment regardless of public opinion is not a good way to manage political risk in Nigeria as it can damage the company's reputation and lead to negative public sentiment. The other options, such as taking out political risk insurance, using foreign non-recourse financing and selling oil in advance, are all effective ways to mitigate political risk.

An Oil Company Can Manage Its Political Risk in Nigeria