There are indications that the United States and other nations will soon abandon Nigeria’s oil, which may negatively affect the nation’s revenue generation. According to the Energy Information Administration (EIA), the US may drastically reduce its import of crude oil from Nigeria by 2022, going by its projection of becoming a net energy exporter in four years. In the newly released Annual Energy Outlook for 2018, EIA stated that the transition from net energy importer to net energy exporter will not take place until 2050 in some sensitivity cases. “The transition of the United States to a net energy exporter is fastest in the high oil price case, where higher crude oil prices lead to more oil and natural gas production and transition the United States into a net exporter by 2020. “In that case, higher crude oil prices also result in higher petroleum product prices and lower consumption […]