A Nigerian financial adviser, Kalu Aja, has urged Western nations to consider purchasing Nigerian crude oil as part of a strategic move to weaken Russia’s ability to finance its ongoing war in Ukraine.
In a post on X on Thursday, he wrote: “The EU is still buying Russian gas, hard to go cold turkey agreed, but that’s a significant number.
“The EU and US should buy Nigerian crude, and offer to India on a subsidized basis essentially same price India gets from Russia. wont be enough, but that model could work to reduce the funds Russia is using to fight.
“That’s a cheaper and faster way to end the war.”
We reported that the financial expert’s remarks come amid persistent Western efforts to curb Moscow’s oil revenues through sanctions and price caps, which have produced mixed results as Russia continues to find alternative markets, notably India and China.
Nigeria, Africa’s largest oil producer, has struggled with output challenges but remains a potentially significant supplier in the ongoing global energy realignments triggered by the war.