Outgoing Ambassador of the United States to Nigeria, Mr. James Entwistle, has explained reasons the US stopped buying crude oil from Nigeria.
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Entwistle explained to newsmen on Saturday at the 240th Anniversary of the US Independence held at the embassy in Abuja.
Frowning at question posed to him that the US boycotted Nigeria’s crude oil owing to conspiracy theory, he said market forces and quality determined where his country buy from.
Implying Nigeria’s oil was not good enough, he said, “I take great offence to your question. There is no conspiracy by the US not to buy oil from Nigeria. Price of oil is determine by international market and any business people gonna go to get the best product for the best price.”
Entwistle said further: “That something happens to us with our oil! But I wish you listen to my last statement where I talked about the importance of the private sector, the commitment of the US companies to help build this country (Nigeria).”
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He however, refused to comment on the sex misconduct allegation the US leveled against three members of the House of Representatives when he was asked about it.
His word: “I have nothing to say about that.”