Envoy explains why U.S. stopped importation of Nigeria’s crude oil

*James F. Entwistle, U.S Ambassador to Nigeria.

*James F. Entwistle, U.S Ambassador to Nigeria.

04 July 2016, Abuja – The U.S. Ambassador to Nigeria, Mr James Entwistle, has said that there is no hidden agenda behind his country’s decision to stop crude oil purchase from Nigeria.

Entwistle, said this while fielding questions from newsmen at the 240th Anniversary of the U.S. Independence in Abuja.

The envoy said the price of oil was determined by international market and that the desire of every business person was to get the best product at the best price.

“There is no conspiracy for the U.S. not to buy oil from Nigeria.

“Price of oil is determined by international market and business people go to get the best product for the best price. That something happened to us with oil.

“But I wish you listened to my last statement where I talked about the importance of the private sector, the commitment of the U.S. companies to help build this country (Nigeria),” he said.

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