Nigeria’s biggest crude oil buyer, India Reliance Industry, has drastically cut down its import from the country.
India Reliance Industry has been Nigeria’s single largest buyer of crude oil in the past few years.
However, March imports, at 1.24 million bpd, were 6.1 per cent per cent above that of February.Reliance shipped in 43.19 cent of its imports from Middle East, compared to 37 per cent last year.