Chief Femi Falana (SAN) has reminded
delegates at the ongoing National
Conference that Nigeria was in trouble as the
demand for Nigerian oil by foreign countries
continues to drop .
The human rights lawyer , who is also a
delegate at the conference noted that there
was an increase in the oil production of
some countries like Angola . Other countries
like Kenya and Uganda have also found oil
and are planning to go into commercial
production.
“The government of Nigeria has fallen into
problems as regards getting buyers for our
oil . As of today the united states of america
has stopped buying our oil because it has
got an alternative and before now the total
import for the U . S was about 10 % of fuel
imported to the U . S . Most West African
countries have struck oil . Angola has
increased its production , we believe that the
crisis in Libya and Iraq would cause
problems with respect to oil production and
it has proved to be true and as a matter of
fact the crisis has stopped oil production .
“And presently Europe is experiencing oil
blocks and India that we have been pleading
with to buy our oil is now turning to china
Russia and Indonesia . Currently President
Putin is going round the world assuring
more countries that they are going to give
them oil and gas . Currently Nigeria is in
trouble. So when we are talking of sharing
we need to take this into cognizance that
there will be nobody to buy our oil , ” he
stated .

then it's time to build refineries and develop the agriculture sector else someday we'll be.....

When oyel money finish, we go dey beg polithieftians to contest for ellection dem go dey reject.

don't mind those pple,everytn don scatter 4 deir face,dem sell am out na dem go put d money 4 pocket,dem no sell am na dem go suffer,rubbish pple

I once thought of this about 4years ago. I told him this may soon happen but he yelled at me asking me to keep quiet and said : "they can never stopped buying our oil!!". I fear for this nation, and none of this politicians seems to care about it. I just hope the first is not coming to be the last