A Nigerian financial expert, Kalu Aja, has advised the United States and European Union to consider buying crude oil from Nigeria as part of a broader strategy to limit Russia’s financial capacity to sustain its war in Ukraine.
In a post shared on X (formerly Twitter) on Thursday, Aja argued that diverting Western energy purchases toward Nigerian crude could weaken Moscow’s oil revenues while supporting African energy markets.
He suggested that Western nations could also offer Nigerian oil to India at subsidized rates comparable to what India currently pays for Russian crude. According to him, such a move, though not a complete solution, could serve as a faster and more cost-effective way to reduce the flow of funds fueling Russia’s military operations.
“The EU is still dependent on Russian gas—it’s difficult to stop completely—but they could buy Nigerian crude and offer it to India at the same price it gets from Russia. That model might work to cut down the resources Russia uses for the war,” Aja wrote.
His comments come amid ongoing Western sanctions aimed at reducing Russia’s oil profits, which have had limited success as Moscow continues to export energy to major buyers such as India and China.
Nigeria, despite facing production challenges in recent years, remains one of Africa’s leading oil producers and could play a strategic role in global energy diversification efforts prompted by the Russia-Ukraine conflict.
Analysts say that boosting Nigeria’s oil exports to Western markets would not only help fill supply gaps but also strengthen the country’s economic ties with the EU and the US at a time when global energy alliances are shifting.








