Person 1: Bro your cereal tastes good. What's the cereal called? So I want to nut on this cereal
Person 2 (who is a whigga): Nigga please.
Person 1: What the fuck i'm going to beat your ass up
Person 2: No, Nigga please (shows the cereal)
Person 1: Ohhh, ok now OILED UP right now.
A word usually describing how dark a black person's skin colour is. And has another meaning to (in a racist way) to determine how much value a black person has.