For the first time in history, the United States Government failed to import a single barrel of crude oil from Nigeria. This is a fallout of President Barack Obama's committment to finding alternative energy source for the world's biggest economy.

Source: http://.com.ng/index.php/national-news/item/213-trouble-looms-as-u-s-halts-importation-of-oil-from-nigeria

For ur info there are many more countries to sell to.
Can we stop panicking at every action of the US.
China faced worse actions from the west before emerging a power house which their companies are today scrambling for a piece

Since June.... India have since replaced them as the largest buyer of our crude.

Obama who?

If only the government at the center will invest in the human resources we have to enhance diverse opportunities that is capable of installing a high level of citizen confidence in the programs and policies that will take Nigeria to its founding fathers' dream land then, there will be no cause to raise alarm but it will be worse if the demand for the only product from Nigeria is cut short because these corruption specialists will turn it against the common citizens of these country. There will be high rate of inflation, more people will be retrenched of their jobs, crime rate will rise and all aspects of our daily lives will be affected on the excuses of drop in demands for what we produced.

However, the seating allowances for Reps. and Senate members, Presidential traveling allowance, Aso Villa maintenance allowance, Goodluck Patience trip allowances etc and the usual constituency project allowance that will never be used in the constituency neither will it be probed shall all increase because the beneficiaries are direct descendants of the creator.

There is God ooo...

okpismart: For the first time in history, the United States Government failed to import a single barrel of crude oil from Nigeria. This is a fallout of President Barack Obama's committment to finding alternative energy source for the world's biggest economy.

Source: http://.com.ng/index.php/national-news/item/213-trouble-looms-as-u-s-halts-importation-of-oil-from-nigeria

And so?

How is Nigeria doomed?!

Op what is "doom"? I don't understand that word.

Those buying your oil, where are their money coming from?

mtchew, good ridiance. when there are countries like india and china that would willingly give an arm for our bonny lite. America should go hug transformer for all i care.

it is an old news,the Chinese and the s.Koreans re there even some Russian buyers do buy blco.......

I love you nairalanders' optimism and "patriotism". But What makes you think that china, Russia, India etc. that you guys are mentioning won't take a cue from America and go for their own alternative energy source?
Please see the handwriting on the wall. We may not be doomed now, but surely, trouble looms...

okpismart: I love you nairalanders' optimism and "patriotism". But What makes you think that china, Russia, India etc. that you guys are mentioning won't take a cue from America and go for their own alternative energy source?
Please see the handwriting on the wall. We may not be doomed now, but surely, trouble looms...

You are so dumb it's unbelievable. Are you aware that the US is now the world's 2nd largest oil producer? What do they need our oil for again? Have you heard of fracking?
How does that stop others from buying Nigerian oil? Are you aware that the US has been cutting down on all oil imports since 2009? How has that "doomed" Nigeria's economy?
Illiterate.

okpismart: I love you nairalanders' optimism and "patriotism". But What makes you think that china, Russia, India etc. that you guys are mentioning won't take a cue from America and go for their own alternative energy source?
Please see the handwriting on the wall. We may not be doomed now, but surely, trouble looms...

Forget the excuse given by US

Remember we rejected Africom, gay marriage and other Antichrist laws, they responded by not selling weapons to us in our war against BH

This step is to weakened us financially so that we surrender to their demands

GEJ must be careful against US sponsored coup