“Nigerians must not allow criminal elements to divide communities. “Nigeria’s unity remains strong and we must all work together to sustain peace and stability across the country.” The Minister of Information and National Orientation, Mohammed Idris, made the call today, March 31, while addressing media men and women in Abuja. He spoke against the background of the recent attack in Angwan Rukuba, Jos North. He declared: “Nigeria will not yield to criminal elements. We will protect our people, and we will prevail.” The Minister expressed deep concern over the incident and extended condolences to the families of the victims, as well as to the government and people of Plateau State. He recalled that security agencies responded swiftly to the attack as troops under Operation Enduring Peace were immediately deployed, while the military and other security agencies secured the area and launched operations to track down those responsible. “These swift actions ensured that the situation was quickly contained and prevented further escalation.” Idris said that the response formed part of ongoing efforts to strengthen security across Plateau state and the wider North-Central region. He said that Federal Government has sustained military and intelligence-led operations in vulnerable communities, supported by increased surveillance, troop deployments and joint patrols involving the military and the police. He added that these measures are aimed at preventing further attacks and maintaining stability, even as he assured that the government of President Bola Ahmed Tinubu is committed to addressing security challenges through targeted operations and strategic coordination among security agencies. He disclosed that the President has already met with top security and intelligence chiefs to review the situation and take further decisive steps. He said that the Governor of Plateau State, Caleb Manasseh Mutfwang, has been invited for further consultations to strengthen collaboration and ensure a coordinated response towards lasting peace. The Minister acknowledged steps taken by the Plateau State Government, including the imposition of a 48-hour curfew in Jos North to stabilise the situation and support ongoing operations. He stressed that federal and state authorities are working closely to prevent reprisals, restore calm and facilitate investigations. While describing the attack as deeply regrettable, Idris said that it does not represent a breakdown of national security, but a criminal act in a conflict-prone area that is being actively addressed. He assured Nigerians that those responsible will be brought to justice, saying: “There will be no safe haven for criminal elements anywhere in Nigeria.” The Minister reassured Nigerians that the situation in Plateau State is under control and urged Nigerians to remain calm and law-abiding. He also cautioned against the spread of unverified information, noting that such actions could worsen tensions and undermine security efforts. He said that the government will continue to strengthen intelligence gathering, operational readiness and inter-agency coordination to stay ahead of emerging threats and ensure lasting peace nationwide.
The Nigerian Communications Commission (NCC) has made it mandatory for Mobile Network Operators (MNOs) to provide compensation to subscribers whose network quality of service experience is below specified targets within specific locations.
The Commission said that it would not allow a situation where subscribers are made to bear the full burden of service disruptions where operators fail to meet prescribed standards of service delivery. A statement by the Commission’s spokesperson, Nnenna Ukoha said that under the new arrangement, erring operators will compensate affected users directly for breaches of Quality of Service (QoS) Key Performance Indicators (KPIs). She said that Mobile Network Operators (MNOs) would be required to pay these compensations for instances of poor quality of service recorded within specified time frames. According to the spokesperson, the compensation would be provided in the form of airtime credits calculated, based on subscribers’ average spending patterns and their presence within Local Government Areas where service failures occur. She said that the directive is rooted in the Commission’s broader regulatory philosophy that places the consumer at the centre of Nigeria’s telecommunications ecosystem. Telecommunications services today underpins economic activity, social interaction, and access to digital opportunities. “When service quality is poor, the consequences affect productivity, commercial activities, and even public confidence in our communications system. “While regulatory fines have traditionally served as a deterrent against poor service delivery,” she stressed, adding that the Commission is adopting a more consumer-focused approach that would strengthen accountability within the industry. She said that the Commission has designed this measure to complement existing and ongoing efforts to strengthen service quality monitoring and enforce performance standards. Nnenna Ukoha said that the Commission is also mandating Tower Companies who own the critical infrastructure for Quality of Service delivery, such as masts, to invest in infrastructure with measurable outcomes using sums that it has fined these companies, in addition to other financial fines the Commission will deem appropriate. She said that the Commission would continue to reinforce the obligation of operators to invest consistently in network resilience, capacity expansion and infrastructure upgrades to meet the growing demand for telecommunications services. “At the same time, it will deploy regulatory tools that promote fairness, transparency and accountability across the sector, ensuring that every subscriber receives the quality of service they deserve while sustaining a telecommunications industry capable of powering Nigeria’s digital future.”
No fewer than 200 senior nurses in the services of the Federal Capital Territory Administration (FCTA) on grade level 14 who were invited and sat for promotion examination sometime in November 2025 to the next grade level have been thrown into confusion. Reliable sources hinted that out of over 200 such nurses serving in various hospitals across the FCT, who were due to be moved to management cadres, only five of them have so far been promoted. Information reaching us at Greenbarge Reporters online newspaper showed that others who have been so thrown into confusion, including top leaders of the nurses’ union have been running around the Civil Service Commission of the Federal Capital Territory Administration to be educated on what actually went wrong four months after the promotion examination. It was gathered that the only reason given by the authorities for withholding the promotion has been that the affected nurses have not met the conditions for promotion even when five of them have been elevated. The condition, according to a circular, signed by the chairman of the FCT Civil Service Commission, Chief Emeka Eze, is that the affected nurses obtained their B.Sc Degrees less than three years before the promotion examination last year. In the circular, dated 26th March 2026, with reference number FCT/CSC/COMM/S.230, Chief Eze said that in applying “the automatic conversion privilege to a Nursing Officer, the date of the officer’s degree certificate is taken into consideration. ” “The officer’s maturity to the next grade level will start counting from the first January of the year after the date of acquisition of the degree certificate. ” “For example, if an Officer’s B.Sc Nursing degree certificate is dated 16th October 2021, his or her maturity for next promotion will start from 1st January 2022; in which case the Officer will not sit for promotion examination until 1st January, 2025 after three years of maturity as a degree holder.”
… Emeka Eze But the confused nurses are asking the question as to why would the authority invite them for promotion examination in November 2025 when it knew that it was not yet time for them to be promoted to the next grade level. “What criteria the authority used in promoting only five of us, some of who obtained their Degrees less than two years ago whereas those of us that have not been elevated obtained our own as far back as 2022?” one of the affected nurses who pleaded to remain anonymous because they are still talking with the authority, asked. He said that nurses, especially in the services of the FCT have always believed in dialogue to solve issues such as this one, saying: “we are never known to cause problem for the Administration despite several causes for such.” He pleaded with the FCT Minister, Barrister Nyeson Wike to immediately intervene by causing the Civil Service Commission to effect their promotion based on the promotion examination they sat for in November 2025, the same way five of their colleagues who joined them in that examination have been promoted. The affected nurses described the latest circular, which contradicted the circular issued in 2015 as “an afterthought.” Efforts to reach out to the FCT Civil Service Commission chairman, Chief Emeka Eze for his comment on the matter did not yield result. He neither picked several phone calls from us nor responded to our Whatsapp messages and SMS.
Wale Ajetunmobi, an aide to the Lagos state Governor, Babajide Sanwo-Olu, has narrated how his expensive phone was stolen at the just concluded National Convention of the All Progressive Congress (APC), in Abuja, the nation’s federal capital, and with the help of tracker and police, was recovered from the official of the Ministry of Justice, Nasarawa State, at a Mosque in Karu, Nasarawa State. Ajetunmobi said that he returned to his hotel on that day to find that his phone had been stolen. ”I opened my iPad and tracked the whereabouts of my missing iPhone: 17 Pro Max. To my surprise, the device was already in Wuse Zone 6, about 8 kilometers away from Eagle Square where it was picked. “I called the phone repeatedly but no answer. I texted it, pleading, as it is my main workstation. “The ‘Mover’ didn’t move. I could not sleep. I managed to sleep around 3:50am and woke up by 5:30am. After I prayed Fajr, I started tracking the iPhone again on my “Find My” app.” “My tracking of the device showed the phone was geo-located to a house in Wuse Zone 6 but the map would not show the street name. “I was curious. I placed a call to a top police officer in Abuja for help. He quickly contacted Mr. Victor Geoffrey, an Assistant Commissioner of Police and Commander of Scorpion Squad, Abuja, who immediately activated his team for recovery of the phone. “The police team, led by Assistant Superintendent of Police (ASP) Isah Mohammed, started trailing and tracking the suspect who stole the phone… at 8:20am. At 10:50am, we tracked the iPhone to a location in Karu, near NNPC Filling Station. “The policemen called me and asked me to join them. I was tracking from my iPad and the distance was closing in on the phone. “At a roadside car lot close to Karu Bridge, my iPad beeped and showed my phone was close to where my driver (Mallam Idrissa) and I parked our vehicle. “I came down and walked into the car lot; the 3D map of “Find My” app led me to a shield that looked like a makeshift mosque where some 15 people (mostly in their 50s) were sitting and chatting away. “I pretended I wanted to pray. As I sat on a bench, then my iPad beeped and indicated the phone was exactly where I sat. I signaled at the police clad in mufti, who were stealthily following me, and they moved in. “At that point that he witnessed real professionalism displayed by the policemen. “I was impressed. They asked to see the Head of the car lot. An elderly man (looking 60s) came out and he was properly briefed about their mission.
“The car lot’s head confirmed the people sitting under the shield were coming from the Eagle Square after attending APC Convention but their extraordinary SUV (branded with the face of a governorship aspirant in Nasarawa State) had overheating issue.
“So, they had to stop by for repair before proceeding to Keffi. “It was here the man informed the leader of the group of the presence of policemen and their mission. “The leader of the group agreed they all be thoroughly searched. “After searching five persons, the next person to be searched started getting nervous. Lo and behold: my iPhone slipped out of Mahmoud Abdullahi’s trousers.
“The phone was off due to low battery. But I had my power bank with me to power it on. I was told to type my passcode; then the phone came alive. “Mahmoud Abdullahi, who claimed to be working with Nasarawa State Ministry of Justice, stole my phone during the chaotic moment at the VVIP entrance of the Eagle Square. The suspect was arrested… Many thanks to these highly professional men of Nigeria Police Force. “This crime-busting team led by ASP Isah Mohammed comprises ASP Douglas Ishaku, Inspector John Emmanuel and Inspector Gana Mohammed. These guys are wonderful.”
President Bola Ahmed Tinubu has sent a condolence message to the former Kaduna State Governor, Malam Nasir Ahmad El-Rufai over the death of his mother, Hajiya Umma, saying: “I understand the depth of your loss.” In the message, President Tinubu said: “Nasir, please accept my heartfelt condolences on the passing of your beloved mother, Hajiya Umma, which happened today in Cairo.
“As someone who had also lost an old mother, I share in your grief. I understand the depth of your loss. President Tinubu described the late matriarch of the El-Rufai family as a mother who lived a remarkable life and raised children and grandchildren who have contributed greatly to our nation. Tinubu said to El-Rufai: “losing a mother is a pain unlike any other. I know that no words can fully ease your sorrow, but I pray that the memories of her love, wisdom, and guidance bring you comfort in the days ahead.
“I also hope you find strength in the remarkable life she lived and the values she instilled in the entire family. “As firm believers in Allah, we are convinced that she has played her part in this world as laid out for her by the Almighty and has gone back to her maker. “I join family, friends, and well-wishers in mourning with you. May Allah grant your dear mother Aljannah Firdaus.” Hajiya Umma died today, March 27 in Cairo, Egypt aged 98, after illness. This is even as the National Security Adviser (NSA), Nuhu Ribadu, who is a personal friend of El-Rufai, also mourned the passing of Hajiya Umma El-Rufai. In a statement, Ribadu said: “I am deeply saddened to learn of the passing of Hajiya Umma El-Rufai, the matriarch of the El-Rufai family. I have fond memories of shared moments with her and her motherly care. “At a time like this, words can offer little comfort for such a profound loss. “My heartfelt condolences to Mallam Nasir El-Rufai and the entire family. “May Almighty Allah forgive her shortcomings, grant her eternal rest in Aljannah Firdaus, and give the family the strength to bear this loss.”
Dispatch Rider: ‘’Good afternoon madam, I am a dispatch rider and I have a message to deliver to you. Your bill is N4000.” Lady shopowner: ‘’why? From GARKI TO Asokoro should not be more than N3000’’ Dispatch Rider: “Madam, fuel price has increased.” Above short conversation ensued between a dispatch rider and a shop owner in Asokoro penultimate Saturday in Abuja. That signaled the nature of yet another precarious situation looming. Just as this writeup was being put together, the airwaves bubbled with reports of another round of price adjustments by Dangote Refinery to N1,175 and N1,620 gantry price per litre of premium motor spirit (petrol) and Automotive Gas Oil (diesel) respectively. The ongoing conflict in the Middle East, if it is prolong, has very high potential to affect global energy market vis-a-vis prices and socioeconomic conditions in general, thereby placing new demands on policymakers. Kristalina Georgiva of the International Monetary Fund (IMF) succinctly drove the points home when she said: “Middle East conflict is testing resilience, potentially denting sentiment, growth and inflation.” From economic perspective, the implications are alarming. One of the immediate fallouts of the hostilities is the rise in crude oil price to over $100 per barrel at the international market and the hike in the cost of petrol in Nigeria to over N1,400 in many parts of the country. The Middle East is not merely a regional theatre; it is an artery of the global economy. The Strait of Hormuz remains one of the world’s most critical oil transit routes. Any prolonged disruption reverberates globally. Oil price volatility fuels inflation. Inflation destabilizes fragile economies like ours. For a developing economies, particularly energy-import dependent nation like Nigeria, bear disproportionate burdens. Nigeria must watch closely because while higher oil prices may temporarily increase revenue inflow, global instability often affects the supply chain, reduces overall demand, disrupts remittances, and increases import costs. Transportation costs, prices of agricultural and manufacturing inputs, aviation fueland food imports are all linked to global energy stability. A war in the Middle East does not remain in the Middle East. It travels invisibly wider through markets and foreign exchange rates. The glad tidings are that rising prices could boost reserves, improve forex liquidity, strengthen the naira, and ease fiscal pressures. In theory, this external cushion could support macroeconomic stability and reinforce the central bank’s currenteasing posture. However, the upside is constrained by structural weaknesses inherent in the Nigerian economy. Nigeria’s oil production remains below optimal capacity. A significant portion of crude exports is tied to long-term contracts, limiting immediate gains from spot price surges. More critically, Nigeria’s dependence on imported refined products exposes it to imported inflation. Rising global crude prices increase the cost of petrol, diesel, jet fuel and gas. With subsidies removed, these increases are passed directly to consumers and businesses as market driven price determinant. In all these, Nigeria’s teeming masses are at the receiving end. Citizens are not only gittery but already seeing and feeling negative impact of the crisis. A research presented at a recent stakeholders’ dialogue organised by Agora Policy in Abuja showed that the national poverty headcount rose sharply from a baseline of about 49.8 per cent to roughly 63 per cent, about 139 million live below poverty line. Businesses are not insulated from the disruptions caused by the crisis with the high energy cost, inflationary pressure and resultant low demand. Crude oil, the key input in refining, recently surged from about $65 per barrel to over $112 per barrel within weeks, pushing up the cost of petrol, diesel, aviation fuel and liquefied petroleum gas globally. Because petroleum products are traded within an integrated global market, fluctuations in crude oil prices are inevitably transmitted to domestic fuel prices in most economies, including Nigeria. A Nigerian Economic Think-tank, Nigerian Economic Summit Group (NESG), in its latest report titled “Boom, Not Gloom,” the NESG said the escalating tensions involving the United States, Israel and Iran present a “time-limited opportunity” for Nigeria to strengthen its fiscal position, provided it avoids the spending excesses that characterised previous oil booms. The group posited that Nigeria could reap as much as N30 trillion in additional oil revenue if the ongoing conflict in the Middle East push global crude prices to $130 per barrel. According to the a new policy brief by the group, the development could hand government’s largest fiscal windfall in years, but warned that it could also pose significant political and policy risks as the country approaches the 2027 general elections. On policy side, the recent decision of the Central Bank of Nigeria ((CBN) to reducing the benchmark rates based on the relative stability in the economy is now being put to test. The Bank cut the rate by 50 basis points to 26.5 percent from 27 percent, which has been widely described as a cautious transition from prolonged tightening to calibrated easing. The CBN stated that the decision followed 11 consecutive months of disinflation. Economic analysts strongly believe that the sustainability of these gains is now being tested by forces far beyond the apex bank’s policy corridors. This is as a result of the direct ripple effect of the escalating conflict in the Middle East , has triggered one of the most significant geopolitical energy shocks in decades. For Nigeria, the timing is delicate. Just as the CBN signals confidence in disinflation and stability, global volatility threatens to complicate and possibly distort its monetary path. The rate cut, though a welcomedevelopment, the prevailing situation in the country tends to defies all logic because despite the perceivedimprovements, inflation and high cost of living remain sources of concern. The CBN Governor, Olayemi Cardoso has assured Nigerians that the ongoing macroeconomic reforms have strengthened the country’s buffers against shocks from global crises, including the US-Iran conflict. He highlighted improved foreign exchange market efficiency, rising capital inflows, and external reserves surpassing $50 billion. Good news indeed. The good thing is that rising oilprices could boost reserves, improve forex liquidity, strengthen the naira, and ease fiscal pressures. This external cushion could support macroeconomic stability and reinforce the easing posture. However, the downside is constrained by structural weaknesses. Nigeria’s oil production remains below optimal capacity while the country remains a price taker in an oligopolistic market. A significant portion of crude exports is tied to long-term contracts, limiting immediate gains from spot price surges. As succinctly described by an indigenous renowned research outfit, SB Morgen (SBM), that “Nigeria’s “windfall” is volatile and limited by soft production performance.’’ More critically, Nigeria’s dependence on imported refined products exposes it to imported inflation. Rising global crude prices increase the cost of petrol, diesel, jet fuel and gas. With fuel subsidies removed, these increases are passed directly to consumers and businesses. Above developments are enough to give policy makers of serious concerns. In the case of Nigeria, the Economic Management Team (EMT) has serious job cut out for it. The team needs to keep tab of developments in the Gulf region vis-a-vis oil market to see how best to take advantage of the expected windfall while minimising the negative effects of the crisis on Nigerians. Government based the 2026 budget on $64.85 for a barrel of crude, Nigeria’s main export. The dilema now is that crude prices are well above $100 per barrel already and if the crisis does not abate in the next few weeks it could hit $120. Of course, that means more revenue or windfall for Nigeria. However, it could also precipitate further rise in the pump price of petrol and cost of living generally. A big challenge at the door steps of the Economic Management Team (EMT) indeed. The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, has expressed concerns that the ongoing conflict in the Middle East could disrupt Nigeria’s economic recovery and distort the cautious optimism surrounding the country’s recent gains in stabilizing the Naira and reducing inflation. Such concerns are rooted in the inflationary threat, fuel and energy costs as petrol and diesel pump prices are already about N1,400 and N1,700 respectively across the country. The geopolitical instability and its subsequent effect on global financial conditions would complicate the apex bank’s benchmark rate decisions, making it difficult to maintain the current trajectory of stabilization. For international observers, for Nigeria today,represents both a challenge and an opportunity. With more than 220 million people, blessed with some of Africa’s largest energy reserves, the country occupies a strategic position in the global energy conversation. Yet the lessons of history remain close at hand. Taking a cue from a recent exhortation by the British Monarch , King Charles urging Nigeria to Take her rightful place in the scheme of things, all hands must be on the deck to pull the country of socio-economic doldrums According to the Monarch, “Your nation, is an economic powerhouse, a cultural force and an influential diplomatic voice from a continent that is playing an increasingly important role in the world. In a vastly interconnected global environment, one that is changing at unimaginable speed, that leadership brings responsibility – and opportunity.” The above statement challenges our collective leadership acumen at a time like this especially now that another oil windfall seems to be here again. The pertinent question is how do we spend the anticipated largesse this time around? One priority is fiscal discipline. Institutions such as the Nigeria Sovereign Investment Authority and the Excess Crude Account were originally designed to capture excess oil revenues during boom periods and cushion the economy during downturns. Strengthening these buffers would improve macroeconomic stability and reassure investors that Nigeria is preparing for future volatility. Another area of focus is debt management. Nigeria’s public debt has risen steadily in recent years, and servicing costs consume a growing share of government revenues. Using part of any windfall to reduce debt obligations would ease fiscal pressure and create room for more productive investment. But perhaps the most strategic opportunity lies within the energy sector itself. Despite its vast crude reserves, Nigeria has historically struggled to build sufficient domestic refining capacity. Expanding refining, gas processing, and petrochemical industries would allow the country to capture far greater value along the energy value chain. For investors, these sectors represent some of the most promising frontiers in evolving energy landscape. Infrastructure investment also remains critical. Efficient transportation system, efficient portsoperation, and industrial clusters can help unlock growth across agriculture, manufacturing, and technology sectors. Diversification has been a recurring topic in Nigeria’s economic policy debates, and windfall revenues offer a rare chance to accelerate that transition. At this point in time, deliberate and massive investment in power, roads, and digital infrastructure to support manufacturing and business competitiveness. Of equal importance is to address security challenges to improve agricultural productivity and reduce food inflation. Of recent, two ugly incidents Nigeria have been listed among the world’s deadliest incidents, according to the 2026 Global Terrorism Index. This does not augur well for the wellbeing of the citizens and prospective investors. Transparency which has been the bane of oil industry should be given serious attention so that an agency such as the Nigeria Extractive Industries Transparency Initiative (NEITI) plays vital roles in ensuring that revenues from natural resources are tracked, audited, and publicly reported. Clear governance frameworks build investor confidence and reinforce Nigeria’s credibility in global space. The windfall of the early 1990s could have reshaped Nigeria’s economic path as it ought to have strengthened institutions, expanded infrastructure, and accelerated industrial development. Instead, it became a cautionary tale about the risks of unmanaged resource wealth. Today, circumstances are different. Nigeria has stronger institutions, deeper capital markets, and a generation of policymakers increasingly aware of the need for fiscal discipline and economic diversification. Whether that awareness translates into action will determine how this moment is remembered. For investors, policymakers, and energy leaders around the world, Nigeria’s next chapter will offer a revealing case study. If managed carefully, a temporary surge in oil revenues could become the foundation for broader economic resilience. Afterall w indfalls, are transitory. What endures are the investments, institutions, and policies built from them.
On a hot afternoon at the ever busy Area 10 in Garki District of Abuja, Musa Adabara, a commercial auto driver, leans against his taxi and shakes his head in quiet frustration. Just weeks ago, he could refill his vehicle tank and still smiled home with money in his pocket for his family upkeep. Today, he counts every naira before heading to the fuel station. “What is happening in Iran,” he says, “is happening to my pocket here.” Musa may never visit Tehran, Washington, or Tel Aviv; but the ongoing confrontation involving United States and Israel against Iran is already reshaping his daily reality. What appears to be a distant geopolitical conflict has quietly found its way into Nigeria’s streets, markets and homes. *A Distant War That Feels Close* The conflict, which recently escalated, is rooted in long-standing tensions over Iran’s regional influence and nuclear ambitions. Military exchanges and strategic posturing have intensified, with global powers taking sides and financial markets reacting sharply. Reuters, in a recent report, “Gulf War Rattles Global Oil Markets,” corroborated in another report by The Guardian titled, “US Escalates Military Posture in Iran Conflict,” indicate that the crisis has unsettled global trade and heightened fears of prolonged instability. For many Nigerians, however, the details of geopolitics matter less than the consequences. The question is simple: Why does a war thousands of kilometres away make life harder here? The answer lies in oil. *Oil: Nigeria’s Blessing, Burden* Nigeria’s economy revolves heavily around crude oil exports. When global oil prices rise—as they often do during conflicts—countries like Nigeria are expected to benefit. In theory, higher prices mean more government revenue and stronger foreign exchange inflows. However, reality tells a different story. Nigeria exports crude oil but imports most of its refined petroleum. This structural contradiction means that when global oil prices increase, Nigerians end up paying more for fuel. Karl T (1997) in his work, “The Paradox of Plenty: Oil Booms and Petro-States,” wrote that economists described this scenario as the “resource paradox”—a situation where a resource-rich country fails to fully benefit from its own wealth. The current conflict has once again exposed this vulnerability. As tensions around the Strait of Hormuz threaten global oil supply, Reuters reported that prices have surged, creating ripple effects across economies worldwide. In Nigeria, the impact is spontaneous: rising fuel prices, increased transport costs, and higher food prices. *From Fuel Pumps to Food Prices* At Wuse Market in Abuja, Aisha Audu, a food vendor, arranges her tomatoes with a worried look. “Everything has gone up,” she explains. “Transport is more expensive, so food is more expensive.” Her story reflects a broader economic chain reaction. When fuel prices rise, transportation costs increase. When transportation costs increase, food prices follow. The result is inflation that affects everyone, especially low-income households. According to recent economic analyses of the 2023 International Monetary Fund report – World Economic Outlook: Inflation Dynamics in Emerging Markets – global energy shocks often lead to inflation spikes in developing countries due to their reliance on imports and weak domestic production systems. Nigeria fits this pattern closely. The war has also triggered uncertainty in global markets, leading investors to move their funds to safer economies. This “capital flight” puts pressure on the naira, making imports even more expensive. Ciltra Research in a recent report, “US–Iran Conflict: Implications for Nigeria’s Economy and the Naira,” painted similar gloomy picture. For ordinary Nigerians, this translates into a painful cycle: higher prices, weaker currency, and shrinking purchasing power. *Politics of Economic Pain* Economic hardship rarely stays confined to the economy—it spills into politics. As Nigerians grapple with rising costs, public frustration grows. Historically, economic downturns have influenced political outcomes in Nigeria, shaping voter behaviour and public trust in leadership as observed by Lewis, P (2007) in his work, “Growing Apart: Oil, Politics, and Economic Change in Indonesia and Nigeria.” As the 2027 elections beacon, analysts suggest that the economic consequences of the Middle East conflict could become a defining issue. Fuel prices, subsidy policies, and economic management will likely dominate national conversations. The government faces a delicate balancing act. That is, managing domestic expectations while responding to global realities beyond its control. Managing the two variables simultaneously is an uphill task. *Structural Weaknesses Laid Bare* Beyond immediate hardship, the conflict highlights deeper structural problems in Nigeria’s economy. One of the most critical is the lack of sufficient domestic refining capacity. Despite decades of oil production, Nigeria still depends heavily on imported refined products. This dependence makes the country vulnerable to global price fluctuations. Another issue is over-reliance on oil revenue. Given that oil accounts for a significant portion of government income, other sectors—such as agriculture and manufacturing—remain grossly underdeveloped. Scholars have copiously written on the imperatives of economic diversification. For instance, Sachs Jeffrey and Andrew Warner (2001) in their work, “The Curse of Natural Resources,” published in European Economic Review argued that economic diversification is essential for stability in resource-dependent economies. Yet progress in Nigeria has been slow and utterly irresponsible. The current crisis therefore serves as a stark reminder that without structural reforms, Nigeria will continue to feel the full force of global shocks. *Global Shifts, Local Consequences* The US–Israel imposed war on Iran is not just a regional issue; it is reshaping global economic and political dynamics. Reuters’ reports indicate that Gulf countries are reassessing their economic strategies and exploring new partnerships beyond traditional Western alliances. These shifts could alter global oil markets and trade patterns in the long term. For Nigeria, this presents both risks and opportunities. In the face of emergence of new partnerships, increased competition and uncertainty could also challenge Nigeria’s position in the global economy. *The Human Story Behind the Headlines* Amid all the statistics and analysis, it is important to remember the human dimension of the crisis. It is Musa, the taxi driver, calculating whether he could afford another litre of petrol. It is Aisha, the market woman, adjusting her prices and hoping customers would still come. It is the young graduate, forwarding job applications to various potential employers in an economy where businesses are cutting costs.
These are the real stories of the war—stories that rarely make international headlines. *Moment for Reflection and Action* The ongoing conflict offers Nigeria a moment of reflection. Although the country has no control over the unfolding global events, it is obvious that the country could control its response to the many ripples effect. This is by way of Investing in domestic refining, strengthening local industries, and diversifying the economy. These are no longer optional; they are urgent necessities. Also very important, is effective governance through transparent policies, clear communication, and proactive economic management that would help cushion the impact of global shocks. The US–Israel war on Iran may be unfolding thousands of kilometres away, but its effects are deeply felt in Nigeria. It has exposed vulnerabilities, intensified economic hardship, and raised important questions about the country’s future.
For Nigerians like Musa and Aisha, the war is not about geopolitics—it is about survival. And for Nigeria as a nation, it is a reminder that in an interconnected world, distant conflicts are never truly distant.
– Abdulmalik is a Journalist and can be reached on: nowmalik@gmail.com
The Nigerian Communications Commission (NCC) has assured underserved communities in Plateau State of an expanded broadband access soon. The Executive Commissioner, Stakeholder Management in NCC, Ms. Rimini Makama, during a courtesy visit to the Governor of Plateau State, Barrister Caleb Mutfwang, at the Government House, Rayfield in Jos, the state capital, stressed the commitment of the Commission to leverage its mandate to deliver broadband access to such communities.
She stressed that it is central to its broader efforts of improving access to the opportunities that robust connectivity can unlock. She described Plateau State as a strategic and indispensable partner in the advancement of Nigeria’s national broadband agenda, citing the State’s strong educational base, growing innovation ecosystem, youthful population and policy direction that supports digital transformation. “The NCC has identified Plateau State as a pivotal partner in Nigeria’s broadband agenda; not ceremonially, but strategically. You have the educational institutions, the growing innovation ecosystem at nHub and beyond, the youth talent and now a Governor whose public commitments; from the Right of Way policy to the TechFest declaration, signal the political will that digital infrastructure demands. “We have taken note. At the same time, we must be honest: many rural areas remain underserved, cut off from the digital economy that could transform their livelihoods. Bridging that divide is a shared responsibility, and the NCC is ready to fulfil its part.” Ms. Makama said that the visit was “the beginning of a conversation” and that the NCC has a genuine desire to explore how its mandate and instruments can align with Plateau state’s development agenda, from supporting the operationalisation of Right of Way policy, to exploring how the NCCs Universal Service Provision Fund can reach underserved communities across Plateau’s LGAs.” Ms. Makama said that the Commission’s recognition of Plateau State is based not on symbolism, but on clear indicators of digital potential already visible in the State, pointing to ongoing reforms, including Right of Way policy support and commitments made by the State Government at the Plateau TechFest, as evidence of the administration’s willingness to create an enabling environment for broadband expansion and innovation-led growth. According to her, such policy alignment is critical to building the infrastructure foundation required for sustainable digital development. The Executive Commissioner observed that despite the State’s growing digital promise, many rural Local Government Areas remain underserved and excluded from the benefits of reliable connectivity. She noted that the persistence of access gaps in such communities continues to limit opportunities for education, enterprise, innovation and access to digital services. Receiving the Executive Commissioner for Stakeholder Management of the NCC, Governor Caleb Mutfwang, commended the Commission’s recognition of Plateau State’s digital potential. He described the visit as both timely and significant, aligning with the administration’s declaration of 2025 as the year of digital innovation. The Governor emphasized the need to move from policy discussions to practical, high-impact implementation, particularly in emerging areas such as Artificial Intelligence. He noted ongoing initiatives, including collaboration with the United Nations Development Programme (UNDP) on establishing an innovation hub at Plateau State Polytechnic and an existing Memorandum of Understanding with Solitran to accelerate broadband deployment statewide. Governor Mutfwang announced plans for a Business Process Outsourcing (BPO) initiative designed to create jobs for at least 500 young people who will work remotely from Jos. He stressed the urgency required to seize these time-sensitive opportunities and avoid losing competitive advantage. The Governor stressed the importance of a coordinated, whole-of-government approach to digital transformation, expressing concern over outdated administrative practices and emphasized the need for rapid adoption of modern, technology-driven systems to enhance governance, improve service delivery and unlock opportunities in e-commerce and innovation.
A chieftain of the All Progressives Congress (APC) and governorship aspirant in Adamawa State, Abdulrahman Haske, has identified purposeful leadership, intra-party harmony and stability as key elements for an enduring democratic system, which offers greater socio-economic development for a nation. Speaking in Gombe today, March 25, Abdulrahman Haske said that such intra-party stability has positioned the APC across the country as a party that has institutionalised progressive governance in all its activities at local, state and national levels, attributing the success to the purposeful leadership of President Bola Ahmed Tinubu as leader of the party. According to him, the peaceful conduct of the various party events across local, state and national levels reflects the deliberate stability which the party leadership has continued to create for all stakeholders in the country. Addressing party faithful and delegates on the sidelines of the congress, Haske described the gathering as a defining moment for the APC in the North-East, emphasising that the congress reflects the party’s unity, internal democracy, and readiness to consolidate its political strength ahead of future electoral contests. “This Congress is not merely a procedural gathering; it is a powerful affirmation of our collective resolve as a party. It demonstrates that the APC remains united, focused, and prepared to deepen democratic values while advancing the development agenda of President Bola Ahmed Tinubu.” Abdulrahman Haske expressed gratitude to President Tinubu, the national leadership of the APC, and delegates at the congress for fostering a transparent and inclusive political environment within the party. According to him, the APC remains a platform where emerging leaders and fresh ideas can thrive. There were chants, banners and visible grassroots mobilisation around Haske’s presence at the event which were widely interpreted as an indication that his aspiration continues to gain traction within party ranks and among supporters. The event was hosted by the Governor of Gombe State, Muhammadu Yahaya and drew an array of influential leaders within the APC fold, including Barrister Idris Shaibu Gella, State Chairman Adamawa State as the new National Vice Chairman, North-East. Among those present were Governors Mai Mala Buni of Yobe State, Agbu Kefas of Taraba State and Ahmadu Fintiri of Adamawa State; Deputy Governor, Borno State, Umar Usman Kadafur; Deputy National Chairman of APC, Hon. Ali Bukar Dalori and the immediate past APC North-East Vice Chairman, Comrade Mustapha Salihu. Other party chieftains and stakeholders from across the geopolitical zone were also present. The congress gradually transformed into more than a routine party gathering as Haske arrived with party stalwarts, youth mobilisers, and grassroots leaders. Supporters flooded the venue carrying placards, posters, and banners while chanting the eslogan “Haske Maganin Duhu” and “Haske Is Okay,” in a show of solidarity that signaled the rising momentum behind his political movement.
Chairman of the Independent National Electoral Commission (INEC), Professor Joash Amupitan has vowed to end the Imposition of unpopular candidates in the process leading to the 2027 general elections in the country. According to him, this would be part of the comprehensive review of the Commission’s Regulations and Guidelines for Political Parties. Speaking today, March 24, at a consultative meeting with political party leaders at the INEC Conference Room, Abuja, Professor Amupitan said: “our aim is to sanitise party primaries and end the era of opaque processes that impose unpopular candidates, fuel voter apathy and generate avoidable litigation.” He insisted that Nigeria cannot approach the 2027 General Election with what he called “an outdated regulatory framework. We cannot navigate a 2027 horizon using a 2022 map.” He said that with the Presidential and National Assembly elections scheduled for January 16, 2027, and the Governorship and State Houses of Assembly elections fixed for February 6, 2027, the reduction in statutory timelines under the Electoral Act 2026 demands what he described as “surgical precision” from both the Commission and political parties. He acknowledged the fact that credible elections usually begin long before polling day. “They begin in the transparency of the processes that produce the candidates.” INEC boss said that the revised draft covers critical areas central to party administration and electoral integrity, including registration and merger of parties, internal party operations, conduct of primaries, campaign activities, party finance and election expenses, and conditions for deregistration. He said that particular attention was paid to Section 93 (2) of the Electoral Act 2026, which empowers the Commission to determine election expenses for political parties in consultation with them. He advised parties to carefully consider specific clauses relating to expenses for the management of party primaries and the conduct of elections. Professor Amupitan said that the review was guided by empirical findings from the Political Party Performance Index (PPPI), developed with the support of the Westminster Foundation for Democracy, which highlighted gaps between party constitutions and grassroots realities. He added that measurable benchmarks have been embedded in the draft to promote the participation of women, youth and Persons with Disabilities (PWDs). He also advised party leaders to see the draft regulations not as a restriction but as a safeguard. “INEC remains a neutral umpire, but we are no longer passive observers to the erosion of democratic values. Together, let us build an electoral ecosystem where the rules are clear, the playing field is level, and the outcome is beyond reproach.” Professor Amupitan assured stakeholders that the consultative meeting was designed as a platform for constructive input. “Let us approach this consultation with the rigour our democracy deserves. “Together, we can enhance the integrity of our political processes and uphold the democratic ideals we all cherish.”
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… Emeka Eze
US–Israel War on Iran: What It Means for Nigerians, By Abdulkarim Abdulmalik
On a hot afternoon at the ever busy Area 10 in Garki District of Abuja, Musa Adabara, a commercial auto driver, leans against his taxi and shakes his head in quiet frustration. Just weeks ago, he could refill his vehicle tank and still smiled home with money in his pocket for his family upkeep.
Today, he counts every naira before heading to the fuel station.
“What is happening in Iran,” he says, “is happening to my pocket here.”
Musa may never visit Tehran, Washington, or Tel Aviv; but the ongoing confrontation involving United States and Israel against Iran is already reshaping his daily reality.
What appears to be a distant geopolitical conflict has quietly found its way into Nigeria’s streets, markets and homes.
*A Distant War That Feels Close*
The conflict, which recently escalated, is rooted in long-standing tensions over Iran’s regional influence and nuclear ambitions. Military exchanges and strategic posturing have intensified, with global powers taking sides and financial markets reacting sharply.
Reuters, in a recent report, “Gulf War Rattles Global Oil Markets,” corroborated in another report by The Guardian titled, “US Escalates Military Posture in Iran Conflict,” indicate that the crisis has unsettled global trade and heightened fears of prolonged instability.
For many Nigerians, however, the details of geopolitics matter less than the consequences. The question is simple: Why does a war thousands of kilometres away make life harder here?
The answer lies in oil.
*Oil: Nigeria’s Blessing, Burden*
Nigeria’s economy revolves heavily around crude oil exports. When global oil prices rise—as they often do during conflicts—countries like Nigeria are expected to benefit. In theory, higher prices mean more government revenue and stronger foreign exchange inflows.
However, reality tells a different story. Nigeria exports crude oil but imports most of its refined petroleum. This structural contradiction means that when global oil prices increase, Nigerians end up paying more for fuel.
Karl T (1997) in his work, “The Paradox of Plenty: Oil Booms and Petro-States,” wrote that economists described this scenario as the “resource paradox”—a situation where a resource-rich country fails to fully benefit from its own wealth. The current conflict has once again exposed this vulnerability.
As tensions around the Strait of Hormuz threaten global oil supply, Reuters reported that prices have surged, creating ripple effects across economies worldwide.
In Nigeria, the impact is spontaneous: rising fuel prices, increased transport costs, and higher food prices.
*From Fuel Pumps to Food Prices*
At Wuse Market in Abuja, Aisha Audu, a food vendor, arranges her tomatoes with a worried look. “Everything has gone up,” she explains. “Transport is more expensive, so food is more expensive.”
Her story reflects a broader economic chain reaction. When fuel prices rise, transportation costs increase. When transportation costs increase, food prices follow. The result is inflation that affects everyone, especially low-income households.
According to recent economic analyses of the 2023 International Monetary Fund report – World Economic Outlook: Inflation Dynamics in Emerging Markets – global energy shocks often lead to inflation spikes in developing countries due to their reliance on imports and weak domestic production systems. Nigeria fits this pattern closely.
The war has also triggered uncertainty in global markets, leading investors to move their funds to safer economies. This “capital flight” puts pressure on the naira, making imports even more expensive. Ciltra Research in a recent report, “US–Iran Conflict: Implications for Nigeria’s Economy and the Naira,” painted similar gloomy picture.
For ordinary Nigerians, this translates into a painful cycle: higher prices, weaker currency, and shrinking purchasing power.
*Politics of Economic Pain*
Economic hardship rarely stays confined to the economy—it spills into politics.
As Nigerians grapple with rising costs, public frustration grows. Historically, economic downturns have influenced political outcomes in Nigeria, shaping voter behaviour and public trust in leadership as observed by Lewis, P (2007) in his work, “Growing Apart: Oil, Politics, and Economic Change in Indonesia and Nigeria.”
As the 2027 elections beacon, analysts suggest that the economic consequences of the Middle East conflict could become a defining issue. Fuel prices, subsidy policies, and economic management will likely dominate national conversations.
The government faces a delicate balancing act. That is, managing domestic expectations while responding to global realities beyond its control. Managing the two variables simultaneously is an uphill task.
*Structural Weaknesses Laid Bare*
Beyond immediate hardship, the conflict highlights deeper structural problems in Nigeria’s economy.
One of the most critical is the lack of sufficient domestic refining capacity. Despite decades of oil production, Nigeria still depends heavily on imported refined products. This dependence makes the country vulnerable to global price fluctuations.
Another issue is over-reliance on oil revenue. Given that oil accounts for a significant portion of government income, other sectors—such as agriculture and manufacturing—remain grossly underdeveloped.
Scholars have copiously written on the imperatives of economic diversification. For instance, Sachs Jeffrey and Andrew Warner (2001) in their work, “The Curse of Natural Resources,” published in European Economic Review argued that economic diversification is essential for stability in resource-dependent economies. Yet progress in Nigeria has been slow and utterly irresponsible.
The current crisis therefore serves as a stark reminder that without structural reforms, Nigeria will continue to feel the full force of global shocks.
*Global Shifts, Local Consequences*
The US–Israel imposed war on Iran is not just a regional issue; it is reshaping global economic and political dynamics.
Reuters’ reports indicate that Gulf countries are reassessing their economic strategies and exploring new partnerships beyond traditional Western alliances. These shifts could alter global oil markets and trade patterns in the long term.
For Nigeria, this presents both risks and opportunities. In the face of emergence of new partnerships, increased competition and uncertainty could also challenge Nigeria’s position in the global economy.
*The Human Story Behind the Headlines*
Amid all the statistics and analysis, it is important to remember the human dimension of the crisis.
It is Musa, the taxi driver, calculating whether he could afford another litre of petrol.
It is Aisha, the market woman, adjusting her prices and hoping customers would still come.
It is the young graduate, forwarding job applications to various potential employers in an economy where businesses are cutting costs.
These are the real stories of the war—stories that rarely make international headlines.
*Moment for Reflection and Action*
The ongoing conflict offers Nigeria a moment of reflection. Although the country has no control over the unfolding global events, it is obvious that the country could control its response to the many ripples effect.
This is by way of Investing in domestic refining, strengthening local industries, and diversifying the economy. These are no longer optional; they are urgent necessities.
Also very important, is effective governance through transparent policies, clear communication, and proactive economic management that would help cushion the impact of global shocks.
The US–Israel war on Iran may be unfolding thousands of kilometres away, but its effects are deeply felt in Nigeria. It has exposed vulnerabilities, intensified economic hardship, and raised important questions about the country’s future.
For Nigerians like Musa and Aisha, the war is not about geopolitics—it is about survival.
And for Nigeria as a nation, it is a reminder that in an interconnected world, distant conflicts are never truly distant.
– Abdulmalik is a Journalist and can be reached on: nowmalik@gmail.com