BRICS: Nigeria Plans To Sell Oil in Local Currency, Not US Dollar
BRICS: Nigeria's State Advocate urged the government to make foreign countries pay in local currency Naira for oil and not the US dollar.
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It’ll be interesting to see if the US does anything besides throw a tantrum. Just over a decade ago, selling oil in non-US dollars was enough to be declared a brutal dictatorship and be bombed to rubble by NATO.
could still play out that way - but Nigeria isnt the most stable place, a hard shove or two would easily topple their house of cards