Feature/OPED
Kogi and Bayelsa 2019 Governorship Elections: Foretelling the Outcome
By Omoshola Deji
Democracy is earning the power to govern through free, fair and credible elections. Nigeria is a democratic state, but the leadership recruitment process is largely undemocratic. Material and financial inducements determine victory, the security agencies are political, and the umpire lacks the capacity and will to conduct credible polls. Public sovereignty is departing the ballot for court as the 2019 general elections produced about a thousand petitions.
Subjecting almost every electoral victory to judicial confirmation is making voting lose its essence. Like every human, judges are prone to errors as much as they have preference. Hence, their verdicts can’t always be a true reflection of the peoples will. Several mandates have been mistakenly or deliberately upturned. Parties and candidates must strive to end their contests at the polls, instead of the court.
Nigerians hope for this as the people of Kogi and Bayelsa state elect governor on 16 November, 2019. Over 40 parties fielded candidates, but the contest is a two-horse race between the All Progressives Congress (APC) and the People’s Democratic Party (PDP). APC’s David Lyon is slugging it out with PDP’s Duoye Diri in Bayelsa state. In Kogi, PDP’s Musa Wada and SDP’s Natasha Akpoti are challenging incumbent Governor Yahaya Bello of the APC. On the sideline, PDP’s Dino Melaye is facing APC’s Smart Adeyemi in the Kogi-West senatorial rerun. This piece foretells the outcome of the elections.

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Bayelsa State
Bayelsa is a riverine, less populated state of about 2.5 million persons, eight local governments, and 923,182 registered voters. Unfavorable judicial pronouncements have practically make winning an unattainable height for APC in Bayelsa state. The party’s deputy governorship candidate, Biobarakuma Degi-Eremienyo, was disqualified on November 12 for providing false information in his nomination form. On November 14, the court invalidated David Lyon’s candidacy on account that the governorship primary that produced him was improperly conducted. APC miraculously got a stay of execution at the Court of Appeal few hours after Justice Jane Inyang of Bayelsa High Court gave the ruling.
Is Nigeria’s legal system so flexible that appellants can get a stay of execution the same day judgment is delivered? Did the trial judge err by granting reliefs not sought by Heineken Lokpobiri, the plaintiff who originally prayed to be declared candidate?
In any case, APC is back on the ballot and the poll won’t be a walkover for PDP. The former made an impressive performance in the last general elections and may increase the beat. From scoring a meagre 5,000 votes in the 2015 presidential poll, APC garnered over 118,000 votes in 2019. While one may argue that the party got more votes because a Bayelsa indigene wasn’t on the ballot, as in 2015, the progression is a testament that APC is making waves in Bayelsa.
Ethno-regional balance of power would earn PDP votes. The party’s primary generated resentment, but drastic measures were taken to address the impasse. Diri and the immediate past speaker of the state assembly, Tony Isenah hails from Kolokuma Opokuma. Agitations were rife that the region cannot produce governor and speaker, while Southern Ijaw, the second largest voting population, held no key position. To calm frayed nerves, Governor Seriake Dickson and other PDP leaders forced Isenah out for Monday Obolo. The move has brightened PDP’s chance in Southern Ijaw, the APC candidate’s homeland.
A major setback for the PDP is intra-party crisis. Governor Dickson backed Duoye Diri, against the wish of ex-president Goodluck Jonathan and other bigwigs. Diri’s candidature was actualized through the Restoration Group, the dominant PDP faction in the state controlled by Dickson. Diri pulled 561 votes, while Jonathan’s preferred candidate, Timi Alaibe, scored 365 votes in the primary. Efforts to make Dickson concede the deputy governorship ticket to Alaibe’s faction failed. This made several PDP stalwarts decamp to APC and other parties. Gabriel Jonah, the incumbent deputy governor’s younger brother led the Otita Force group out of the PDP to APC. Some of the defectors have returned and PDP also won some APC decampees.
Recurring conflict of interest broke the cordial relationship between Dickson and his godfather, Jonathan. The latter wants to keep calling the shot, but the former feels he has come of age. Dickson is having his way as the party structure is firmly under his control. Many allege the Jonathans are working against PDP’s victory. Ex-first lady Patience reportedly attend an APC rally and the husband visited President Buhari within the same period. Politics is an interest driven game; hence, it is not impossible, but most unlikely that Jonathan would support APC. This is premised on the manner the party has disparaged him since he lost power in 2015.
Every governor wants to install a successor and Dickson is no exemption. He is striving to enthrone Diri to protect himself from probe and prosecution. Bayelsa’s development is incommensurable with the federal allocation and internal revenue Dickson has accrued. His government spent mammoth funds on less impactful schemes. For instance, the Bayelsa International Cargo Airport was constructed at a prodigious rate, while the population is lacking basic amenities.
Ex-governor Timipre Sylva’s appointment as Minister of State for Petroleum has energized APC in Bayelsa. Sylva hopes to raise his political clout by capturing the state. Poised to bring honey out of the rock, Sylva will use federal might and fund for APC, but the party will not sail through. The 2019 Ameachi-Rivers scenario would most-likely occur. Sylva would predictably incapacitate PDP bigwigs, flood the state with armed officers, and do all legally and illegally possible to enthrone APC. Yet the party would lose. PDP is more formidable despite the intra-party crisis and shortcomings of the Dickson administration. Duoye Diri (PDP) would win the election.

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Kogi State
‘Your Excellency’ is a title Nigerian elites admire, and do all possible to acquire. Struggle for the coveted position of governor has made Kogi the violence capital of Nigeria lately. The 2019 governorship poll will go down in history as the fiercest in the state. Yahaya Bello (APC) and Musa Wada (PDP) are not aiming for second and Natasha Akpoti (SDP) is waxing strong. They are campaigning aggressively, spewing unfulfillable promises, and going all out to win the heart of the 1,646,350 registered voters.
Kogi APC had a good outing in the 2019 general election. The party won two of the state’s three senatorial seats, and seven out of the nine House of Representative seats. While this is a pointer that APC is on course for victory, it may lose the governorship election for fielding an unpopular candidate. Bello’s track record shows he’s not deserving of governorship or any other position. He is bereft of ideas, non-tolerant, arrogant, and violent. His address during campaigns are basically hate speeches and threats, rather than a presentation of his scorecard and manifesto.
Another minus for Bello is his style of governance. He ruled Kogi like a conquered territory. His mindset is too shallow to accommodate opposite views and criticisms. You either agree with him or be hounded. He has, at different times, been embroiled in conflict with the labor union, university staffs, and the state’s Chief Judge. Bello also has issues with his former deputy, Elder Simon Achuba. He withheld Achuba’s allowances and honoraria, and influenced his unconstitutional removal from office.
A major impediment to Bello’s re-election is the non-payment of salaries in the civil service, salary-dependent state. Bello has no tenable excuse for owing as he accrued over N300 billion internally generated revenue and federal allocation within 38 months of his administration. Yet workers were unpaid and no landmark project has been commissioned. The state is enmeshed in poverty, unemployment, insecurity and underdevelopment.
Sadly, the funds that should have been used to better Kogites lot would be apparently used for vote-buying. Federal government has aided the practice by releasing N10 billion project-executed repayment fund to Bello three days to the election. It’s upsetting Buhari’s anti-corruption centered government released the fund at a time it would most certainly be used for election purposes.
Vote-buying shouldn’t be aiding poor performing politicians to victory, but most Nigerians are descendants of Esau, the biblical character who sold his birthright for a plate of porridge. Pecuniary gain makes many praise-sing and reelect failed governments. Kogi people won’t act different. Many would vote the poor performing governor after receiving peanuts. Vote-buying is not a one-party affair. PDP also induce voters and will do so again in Kogi.
Ethnic politics reigns supreme in Kogi. The population often deliver bulk votes to their tribesmen, irrespective of party. Igala tribe has numerical advantage and principally determines who carry the day. In 1999, Abubakar Audu won the governorship election under the defunct All Nigeria Peoples Party, defeating PDP which had better structures at the time. Igala people are domiciled in Kogi East and constitutes over half of the state’s voting population. PDP’s Wada and the APC deputy governorship candidate, Edwin Onoja are Igala natives.
If ethnic voting occurs, Wada would win as Bello hails from the less populated Ebira tribe. Onoja’s influence won’t earn APC majority vote; Igala people would rather be first than play second fiddle. Moreover, Wada’s allies are conversant with the tactics of winning elections in Kogi state, especially Igala land. The PDP candidate is the brother of ex-governor Idris Wada and in-law of ex-governor Ibrahim Idris.
Bello is hoping to harvest Ebira votes in Kogi Central, but Akpoti is a pain. The budding politician’s fan base is increasing outstandingly. Her supporters are largely women, a crucial and influential arm of the voting population. Akpoti knows she can’t win, but wants to split Bello’s vote in Kogi Central, not minding who her action benefits. Having her way would propel PDP to victory and Bello’s army of thugs won’t watch that happen. They allegedly set her campaign office ablaze and have been harassing her routinely. This misstep is earning Akpoti the popularity she might have joined the race for. It would also earn her sympathy votes, which may be inadequate to make her win, but sufficient to make Bello lose. In case Bello gets injured in Kogi Central (which is most unlikely), he will hope on recovering at Kogi West.
Kogi West Senatorial Rerun
One man’s misfortune is often another’s stroke of luck. Dino Melaye’s trouble turned to blessing for Wada when he needs it most. The former’s senatorial mandate was nullified and rerun is holding alongside the governorship election. Melaye who had initially distanced himself from Wada’s campaign, having lost out in the primary, backtracked upon realizing him and Wada must either rise or fall together.
Melaye is facing arch-rival Smart Adeyemi of the APC in an epic rerun. In the nullified February 2019 election, Melaye defeated Adeyemi in six out of the seven local governments constituting Kogi West. He won despite being hounded by the state and federal government, and under a party in opposition at both levels of government.
Melaye is in tune with the masses than Adeyemi and other APC bigwigs in Kogi West. James Faleke’s reconciliation with Bello will not help APC much in the district. Faleke is late Abubakar Audu’s running mate in the 2015 governorship poll. He’s been inactive in the state since he lost the party’s mandate to Bello after Audu’s demise. Bello came second in the party primary.
Faleke is currently a federal lawmaker representing Lagos. He and Adeyemi’s political strength does not match Melaye’s in Kogi West. Melaye has over 100 projects to his credit; a contribution neither Adeyemi, Faleke nor Bello has made to the district. Call it uncivilized, Melaye’s politicking is admired by his people. His comical utterances and songs has won him the hearts of the population who sees other politicians as arrogant and inaccessible.
Melaye is a grassroots politician and popular in Kogi West. He stands a chance as none of the major opposition candidates in the governorship election hails from Kogi West. Based on the prominence of ethnic voting in the state, Melaye would lose if a strong opposition governorship candidate like Bello hails from Kogi West. Favored by these odds, Melaye (PDP) would defeat Adeyemi (APC) in the senatorial rerun election. In the same vein, for governorship, Musa Wada of the PDP would garner more votes than Yahaya Bello of the APC in Kogi West.

Governorship Election Outcome
Bello’s underperformance, mis-governance, dwindling admiration, and the odd-against ethnic voting permutation would deter his win. PDP’s Wada would get bulk ethnic votes in Kogi East. Melaye’s senatorial rerun coincidence would earn Wada majority vote in Kogi West. Natasha Akpoti would split Bello’s bulk vote in Kogi Central. The lowest of Wada’s vote would come from the district, while highest would come from Kogi East.
In a free, fair and credible contest, PDP’s Musa Wada would defeat APC’s Yahaya Bello. But the election is not going to be free; not going to be fair; and not going to be credible. Thugs would disperse voters and smash ballot boxes in Wada’s stronghold. The security agencies won’t arrest disruptors, and would be grossly partisan. Above all, the Independent National Electoral Commission would be ‘remote controlled’ by the ‘powers that be’. Several votes would be cancelled and the election would be declared inconclusive.
Virtually all the election winning indicators point to Wada’s emergence, but the pundit foresees Kogi 2019 governorship election ending with a rerun, and if it does, APC’s Yahaya Bello would ultimately be declared winner.
Note: Foretelling the outcome of an election doesn’t mean the writer has access to one sacred information or the election winning strategy of any candidate. Assessing candidates’ fortes and flaws to foretell election results is a common practice in developed nations. This doesn’t mean the pundits are demeaning the electoral process or influencing election results. Bayelsans and Kogites have already decided who they would vote for, and nothing – not this prediction – can easily change their mind.
Omoshola Deji is a political and public affairs analyst. He wrote in via [email protected]
Disclaimer: The views and opinions expressed in this article are purely of the writer and do not necessarily reflect the position of Business Post Nigeria on the subject matter.
Feature/OPED
What Tech Leaders Should Know About IP Contract Strength
Technology leaders operate at the intersection of innovation, risk, and long-term strategy. As organisations rely more heavily on proprietary platforms, custom software, and licensed technologies, intellectual property contracts become critical business instruments rather than routine legal documents. The strength of these contracts often determines how well a company can protect its innovations, maintain leverage in vendor relationships, and respond to unexpected disruptions.
Strong IP contracts do more than define ownership. They shape accountability, continuity, and trust between parties. For executives and decision makers, understanding what makes an IP agreement resilient is essential to safeguarding both current operations and future growth. Without careful attention, even advanced technology investments can become sources of vulnerability rather than competitive advantage.
Understanding the Role of Intellectual Property in Technology Strategy
Intellectual property sits at the core of most modern technology initiatives. Whether software is developed in-house, licensed from a third party, or built collaboratively, the associated IP defines who controls usage, modification, and distribution. Contracts must clearly reflect how this property aligns with broader business objectives rather than treating IP as a secondary concern.
Tech leaders should evaluate how critical a given technology is to daily operations and customer delivery. The more central the system, the stronger and more precise the IP protections must be. Ambiguous ownership language or overly restrictive licensing terms can limit scalability and innovation. When contracts mirror strategic priorities, they support flexibility rather than constrain it.
Clarity in Ownership and Licensing Provisions
One of the most common weaknesses in IP contracts is unclear ownership language. Agreements should explicitly define which party owns the underlying code, derivative works, and future enhancements. This clarity becomes especially important in custom development arrangements where responsibilities and contributions may overlap.
Licensing provisions must also specify scope, duration, and permitted use. Vague language around usage rights can lead to disputes or unexpected limitations as a business grows or enters new markets. Strong contracts anticipate change and outline how rights evolve alongside business expansion. This level of detail helps prevent costly renegotiations later.
Protecting Access and Continuity Rights
Beyond ownership, access to technology assets is a major concern for leadership teams. If a vendor relationship ends abruptly or a provider becomes unable to perform, access restrictions can disrupt operations. IP contracts should address these risks through well-defined continuity provisions.
In some cases, software escrow services are incorporated to support access to essential materials under specific conditions. While not required in every agreement, mechanisms like this reflect a broader principle of resilience. Tech leaders should ensure that contracts account for worst-case scenarios without undermining productive partnerships. Protection and collaboration are not mutually exclusive when agreements are thoughtfully structured.
Aligning IP Protections with Compliance and Governance
Regulatory compliance and internal governance standards increasingly influence how IP contracts are drafted and enforced. Industries subject to strict data, security, or operational requirements cannot rely on generic contract templates. IP provisions must align with regulatory obligations and internal risk management frameworks.
Leadership teams should collaborate with legal, compliance, and security stakeholders to ensure contracts reflect current standards. This includes addressing data handling, audit rights, and reporting obligations tied to intellectual property usage. When IP contracts support governance objectives, they reduce exposure and demonstrate due diligence to regulators and investors alike.
Managing Disputes and Enforcement Effectively
Even the strongest contracts cannot eliminate the possibility of disagreement. What distinguishes effective IP agreements is how disputes are managed when they arise. Clear dispute resolution clauses provide predictable processes that minimise disruption and preserve working relationships when possible.
Contracts should outline jurisdiction, governing law, and escalation procedures in plain language. Overly complex enforcement mechanisms can delay resolution and increase costs. For tech leaders, the goal is not to prepare for conflict but to ensure that disagreements do not derail core business functions. Well-designed enforcement terms contribute to operational stability.
Planning for Evolution and Innovation
Technology rarely remains static, and IP contracts must evolve accordingly. Agreements should address how updates, integrations, and new use cases are handled over time. Without these provisions, innovation may be slowed by uncertainty or restrictive terms.
Forward-looking contracts recognise that today’s solution may serve tomorrow’s expanded role. By defining how enhancements are owned, licensed, and shared, organisations encourage innovation while preserving control. Tech leaders who prioritise adaptability in IP agreements position their companies to respond confidently to change.
Conclusion
IP contract strength is a strategic concern that extends far beyond legal formalities. For technology leaders, these agreements influence resilience, innovation, and long-term value creation. By focusing on clarity, continuity, compliance, and adaptability, organisations can transform IP contracts into tools that support growth rather than obstacles that limit it. Strong agreements reflect thoughtful leadership and a clear vision for how technology powers the business forward.
Feature/OPED
REVEALED: How Nigeria’s Energy Crisis is Driven by Debt and Global Forces
By Blaise Udunze
For months, Nigerians have argued in circles. Aliko Dangote has been blamed by default. They have accused his refinery of monopoly power, of greed, of manipulation. They have pointed out the rising price of petrol and demanded a villain.
When examined closely, the truth is uncomfortable, layered, and deeply geopolitical because the real story is not at the fuel pump, and this is what Nigerians have been missing unknowingly. The truth is that the real story is happening behind closed doors, across continents, inside financial systems most citizens never see, and the actors will prefer that the people are kept in the dark. And once you see it, the outrage shifts. The questions deepen. The implications expand far beyond Nigeria.
In October 2024, it was obvious that the world would have noticed that Nigeria made a move that should have dominated global headlines, but didn’t. Clearly, this was when the government of President Bola Tinubu introduced a quiet but radical policy, which is the Naira-for-Crude. The idea was simple and revolutionary. Nigeria, Africa’s largest oil producer, would allow domestic refineries to purchase crude oil in naira instead of U.S. dollars. On the surface, it looked like economic reform. In reality, it was something far more consequential. It was a challenge to the global financial order.
For decades, oil has been traded almost exclusively in dollars, reinforcing the dominance of the United States in global finance. By attempting to refine its own oil using its own currency, Nigeria was not just making a policy adjustment. It was testing the boundaries of economic sovereignty. And in today’s world, sovereignty, especially when it touches money, debt, and energy, comes with consequences.
What followed was not loud. There were no emergency broadcasts or dramatic policy reversals. Instead, the response was quiet, bureaucratic, and devastatingly effective just to undermine the processes. Nigeria produces over 1.5 million barrels of crude oil per day, though pushing for 3 million by 20230, yet when the Dangote Refinery requested 15 cargoes of crude for September 2024, what it received was only six from the Nigerian National Petroleum Company Ltd (NNPC), which means its yield for a refinery with such capacity will be low if nothing is done. Come to think of it, between January and August 2025, Nigerian refineries collectively requested 123 million barrels of domestic crude but received just 67 million, which by all indications showed a huge gap. It is a contradiction and at the same time, laughable that an oil-producing nation could not supply its own refinery with its own oil.
So, where was the crude going? The answer exposes a deeper, more uncomfortable truth about Nigeria’s economic reality. The crude was being sold on the international market for dollars. Those dollars were then used, almost immediately, to service Nigeria’s growing mountain of external debt. Loans owed to the same institutions, like the International Monetary Fund (IMF) and the World Bank, had to be paid, which are the same institutions applauding this government. Nigeria was not prioritising domestic industrialisation; it was prioritising debt repayment.
And the scale of that debt is no longer abstract. Nigeria’s total debt stock is now projected to rise from N155.1 trillion to N200 trillion, following an additional $6 billion loan request by President Tinubu, hurriedly approved by the Senate. At an exchange rate of N1,400 to the dollar, that single loan adds N8.4 trillion to a debt stock that already stood at N146.69 trillion at the end of 2025. This is not just a fiscal statistic. It is the central pressure shaping every major economic decision in the country.
On paper, the government can point to rising revenue, improving foreign exchange inflows, and stronger fiscal discipline as witnessed when the governor of the Central Bank of Nigeria, Olayemi Cardoso, always touted the foreign reserves growth. But a closer review of those numbers reveals a harsher reality. Nigeria is exporting its most valuable resource, converting it into dollars, and sending those dollars straight back out to creditors. The crude leaves. The dollars come in. The dollars leave again. And the cycle repeats.
This is not growth. This is a treadmill powered by debt. Let us not forget that in the middle of that treadmill sits a $20 billion refinery, built to solve Nigeria’s energy dependence, now trapped within the very system it was meant to escape.
By 2025, the contradiction had become impossible to ignore, which is a fact. This is because how can this be explained that the Dangote Refinery, designed to reduce reliance on imports, was increasingly dependent on them. The narrative is that in 2024, Nigeria imported 15 million barrels of crude from America, which is disheartening to mention the least. More troubling is that by 2025, that number surged to 41 million barrels, a 161 per cent increase. By mid-2025, approximately 60 per cent of the refinery’s feedstock was coming from American crude. As of early 2026, Nigerian crude accounted for only about 30 to 35 per cent, which was actually confirmed by Aliko Dangote.
The visible contradiction in this situation is that the refinery built to free Nigeria from dollar dependence was running largely on dollar-denominated imports. Not because the oil did not exist locally, but because the system, shaped by debt obligations and global financial structures, made it more practical to export crude for dollars than to refine it domestically, which leads us to several other covert concerns.
Faced with this troubling reality, there is one major issue that still needs to be answered. This is why Dangote pushed back by filing a N100 billion lawsuit against the NNPC and major oil marketers. He further accused the parties involved of failing to prioritise domestic refining. For a brief moment, one will think that the confrontation, as it appeared, was underway is one that could redefine the balance between state control and private industrial ambition, but these expectations never saw the light of day.
Yes, it never saw the light of day because on July 28, 2025, the lawsuit was quietly withdrawn. No press conferences. No public explanation. No confirmed settlement. Just silence.
There are only a few plausible or credible explanations. As a practice and well-known in the country, institutional pressure may have made continued confrontation untenable. A strategic compromise may have been reached behind closed doors. Or the realities of the system itself may have made victory impossible, regardless of the merits of the case. None of these scenarios suggests a system operating with full autonomy or aligned national interest. All of them point to constraints, political, economic, or structural, that extend far beyond a single company.
Then came the shock that changed everything.
On February 28, 2026, Iran closed the Strait of Hormuz, disrupting a channel through which roughly 20 per cent of the world’s oil supply flows. Prices surged past $100 per barrel. Global markets entered crisis mode. Supply chains are fractured. Countries dependent on Middle Eastern fuel suddenly had nowhere to turn.
And they turned to Nigeria. Nations like South Africa, Ghana, and Kenya began seeking fuel supplies from the Dangote Refinery. The same refinery that had been starved of crude, forced into dollar-denominated imports, and entangled in domestic disputes suddenly became the most strategically important energy asset on the African continent.
Nigeria did not plan for this. It did not negotiate for this. With this development, the world had no choice but to simply run out of options, and Lagos became the fallback.
And then, almost immediately, attention shifted. This swiftly prompted, in early 2026, a United States congressional report to recommend applying pressure on Nigeria’s trade relationships within Africa. Shortly after, on March 16, 2026, the United States launched a Section 301 trade investigation into multiple economies, including Nigeria. This is not a sanction, but it is the legal foundation for one. At the same time, the African Growth and Opportunity Act, which had provided duty-free access to U.S. markets for decades, was allowed to expire in 2025 without renewal.
The sequence is difficult to ignore. As Nigeria’s strategic importance rose, so did external scrutiny. As its potential for regional energy leadership increased, so did the instruments of economic pressure.
To understand why, you must look at the system itself. The global economy runs on the U.S. dollar, which the Iranian government tried to scuttle by implementing a policy that requires oil cargo tankers being transported via the Strait of Hormuz to be paid in Yuan. Most countries need dollars to trade, to import essential goods, and to access global markets. The infrastructure that enforces this is the SWIFT financial network, which connects banks across the world. Control over this system confers enormous power. Countries that step too far outside it risk exclusion, and exclusion, in modern terms, means economic paralysis.
Nigeria’s attempt to trade crude in naira was not just a policy experiment. It was a subtle deviation from a system that rewards compliance and punishes independence. The response was not military. It did not need to be. It was structural. Limit domestic supply. Reinforce dollar dependence. Ensure that even attempts at independence remain tethered to the existing order.
And all the while, the debt clock continues to tick. N155.1 trillion.
That number is not just a fiscal burden. It is leverage. It shapes policy. It influences decisions, and it also determines priorities, which tells you that when a nation is deeply indebted, its room to manoeuvre shrinks. In all of this, one thing that must be understood is that choices that might favour long-term sovereignty are often sacrificed for short-term stability. Debt does not just demand repayment. It demands alignment.
Back home, Nigerians remain focused on the most visible symptom, which is fuel prices. Unbeknownst to most Nigerians, they argue, protest, and assign blame while the forces shaping those prices include global currency systems, sovereign debt obligations, trade pressures, and geopolitical realignments. The price at the pump is not the cause. It is the consequence.
Nigeria now stands at an intersection defined not by scarcity, but by contradiction. What is more alarming is that it produces vast amounts of crude oil, yet struggles to supply its own refinery. It earns more in dollar terms, yet its citizens feel poorer. It builds infrastructure meant to ensure independence, yet operates within constraints that reinforce dependence. This is not a failure of resources, and this is because there is a conflict or tension between what Nigeria wants, which reflects its ambition and structure, and between sovereignty and obligation.
And so the questions remain, growing louder with each passing month and might force Nigerians, when pushed to the wall, to begin demanding answers. If Nigeria has the oil, why is it importing crude? Further to this dismay, more questions arise, such as, why is the refinery paying in dollars if Naira-for-crude exists? One will also be forced to ask if the lawsuit had merit, why was it withdrawn without explanation? If revenues are rising, why is hardship deepening? And if Nigeria is merely a developing economy with limited influence, why is it attracting this level of global attention?
These are not abstract questions. They are the pressure points of a system that extends far beyond Nigeria’s borders.
Because this story is no longer just about one country. The reality is that, perhaps unbeknownst to many, it is about the future of African economic independence. It is about the structure of global energy markets, the dominance of the dollar and the role of debt in shaping national destiny. Honestly, the question that comes to bear is that if Nigeria, with all its resources and scale, cannot fully align its production with its domestic needs, what does that imply for the rest of the continent?
The next time the conversation turns to petrol prices, something must shift. Because the number on the pump is not where this battle is being fought. It is being fought in allocation decisions, in debt negotiations, in regulatory frameworks, in international financial systems, and in quiet policy moves that rarely make headlines.
The Dangote Refinery is not just an industrial project. It is a test case. A test of whether a nation can truly control its own resources in a world where power is rarely exercised loudly, but always effectively. And right now, that test is still unfolding.
Blaise, a journalist and PR professional, writes from Lagos and can be reached via: [email protected]
Feature/OPED
2027: The Unabating Insecurity and the US Directive to Embassy, is History About to Repeat Itself?
By Obiaruko Christie Ndukwe
We can’t be acting like nothing is happening. The US orders its Embassy Staff and family in the US to leave Nigeria immediately based on security concerns.
Same yesterday, President Donald J. Trump posted on his Truth Social that Nigeria was behind the fake news on his comments on Iran.
Some people believe it was the same way the Obama Government came against President Goodluck Jonathan before he lost out in the election that removed him from Aso Rock. They say it’s about the same thing for President Asiwaju Bola Ahmed Tinubu.
But I wonder if the real voting is done by external forces or the Nigerian electorate. Or could it be that the external influence swings the voting pattern?
In the middle of escalating security issues, the opposition is gaining more prominence in the media, occasioned by the ‘controversial’ action of the INEC Chairman in delisting the names of the leaders of ADC, the new ‘organised’ opposition party.
But the Federal Government seems undeterred by the flurry of crises, viewing it as an era that will soon fizzle out. Those on the side of the Tinubu Government believe that the President is smarter than Jonathan and would navigate the crisis as well as Trump’s perceived opposition.
Recall that in the heat of the CPC designation and the allegations of a Christian Genocide by the POTUS, the FG was able to send a delegation led by the NSA, Mallam Nuhu Ribadu, to interface with the US Government and some level of calm was restored.
With the renewed call by the US Government for its people to leave Nigeria, with 23 states classified as “dangerous”, where does this place the government?
Can Tinubu manoeuvre what many say is history about to repeat itself, especially with the renewed call for Jonathan to throw his hat into the ring?
Let’s wait and see how it goes.
Chief Christie Obiaruko Ndukwe is a Public Affairs Analyst, Investigative Journalist and the National President of Citizens Quest for Truth Initiative
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