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.
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