Feature/OPED
U.S Election 2020: Trump and Validity of Controversy
By Jerome-Mario Utomi
Back in 2005, I read the sage underline that; an argument is one thing you will never win. If you win, you lose; if you lose, you lose.
If you win an argument but lose a good job, customer, friend, position or marriage, what kind of victory is it?
An argument is like fighting a foolish battle. Even if one wins, the cost may be more than the victory is worth. Emotional battles leave a residual ill will even if you win. The best way to win an argument is to avoid it.
Indeed, an admirable position, but, today, it is instructive to look at the difference as emphasis seems shifted.
To review a particular example of a personality in this new but strange class, Donald Trump, a man that succeeded Barack Obama on January 20, 2017, as the 45th President of the United States, fittingly comes to mind.
Like Robert Greene admonished in his famous book; the 48 Laws of Power, Trump has in the last three years of his administration demonstrated that everything is judged by its appearance; that what is unseen counts for nothing and one must never get lost in the crowd or buried in oblivion. But be conspicuous at all cost by assuming a magnate of attention; appearing larger, more colourful, and more mysterious than the bland and timid masses.
To add context to the discourse, aside from the recent controversial rejection of plans for a virtual debate initially scheduled for October 15, 2020, with Democratic rival, Joe Biden, which he (Trump) described as unnecessary, those that are familiar with his antecedents know that controversy and transformation trains are not alien to him.
In fact, he is controversy/transformation personified; a financial expert turned businessman, a businessman turned politician, and a politician turned president of the most powerful country in the world.
While his sojourn in the business world earned him a mixture of failures/failings, moral burden and very little dosage of success, the same fate of high voltage controversy heralded his election/ administration in the last three years.
His foreign relation policies were never devoid of controversy. Even the global community particularly the G-7 members do not think that what he is doing is the best way to solve global problems. This partly explains the stiff challenge the United States faced during the Coronavirus pandemic period when the G-7 foreign ministers failed to reach agreement on a joint statement because the U.S. delegation insisted on calling the novel coronavirus the “Wuhan virus.”
This and related concerns have brought about a divided opinion about his victory or otherwise in the forthcoming election.
To many, Trump’s erratic behaviour notwithstanding, he will validly win his arch-rival, Joe Biden, in the November 3, 2020, election. As he is not the first US president to make foreign-policy statements and decisions damaging to American interests. The information in the public domain reveals that George W. Bush’s decision to invade Iraq weakened America.
Within this space, they argued, he has greatly affected Americans through his actions and arguments, creating over 4 million jobs; more Americans are now employed than ever recorded before in history, created more than 400,000 manufacturing jobs since the election, manufacturing jobs growing at the fastest rate in more than three decades, economic growth last quarter hit 4.2 per cent, women’s unemployment recently reached the lowest rate in 65 years, almost 3.9 million Americans have been lifted off food stamps since the election, helped win U.S. bid for the 2028 Summer Olympics in Los Angeles.
But contrary to this position, others are of the view that he should go as his extreme and chaotic personality has lowered American prestige and global influence by a notch or two, while deepening US domestic political divisions.
To this group, great doubt exists about president Trump’s inner motivations. There are doubts also about his capabilities to distinguish between right and wrong, and the capability to judiciously consider the strategic consequences of actions.
With the above highlighted, this piece will focus on his litany of controversies.
First is the reported account of Russian government interference in the 2016 U.S. presidential election with the goals of harming the campaign of Hillary Clinton, boosting the candidacy of Donald Trump, and increasing political and social discord in the United States.
Dana H. Allin, Editor of Survival and IISS Senior Fellow for US Foreign Policy and Transatlantic Affairs, while commenting on this issue recently noted that one way the Russians sought to damage America is by helping to elect a president who is incapable of conducting a coherent foreign policy. They may not have expected him to be elected, but they could have expected that the campaign’s damage to political civility would also impair President Hillary Clinton’s capacity to govern.
From this point flows another. The lengthy debate, sparked by a whistleblower complaint about Mr Trump’s 25 July phone call with Ukraine, in which the president was accused of demanding political investigations into one of his 2020 political rivals, Joe Biden.
During the investigation by the U.S House Committee, Fiona Hill – the former senior director for European and Russian Affairs while testifying noted thus; some of you on this committee appear to believe that Russia and its security services did not conduct a campaign – and that perhaps somehow, for some reason, Ukraine did. This is a fictional narrative that has been perpetrated and propagated by the Russian security services themselves … Russia was the foreign power that systematically attacked our democratic institutions in 2016.
Before the dust raised by this committee investigation could settle, came another form the Wall Street Journal, one of the most respected Journals in the United States (USA). It among other concerns reported that the president told associates that killing Soleimani was useful for solidifying support in the Senate trial among Senate Iran hawks.
Notedly, the most serious and most surprising failures were signposted in his economic misjudgement.
Fresh is reported global concern about Trump’s decision to draw battle lines without ‘provocateur from any quarter, and he’s going into ‘pointless renegotiation’ of the global trading system-a development that made foreign governments believe that the United States was willing to abandon the established norms of trade policy, supports this claim.
It was in the news that his administration was recently blamed for featuring a pitched battle between the so-called globalists (represented by Gary Cohn, the then Director of the National Economic Council), and the nationalists (represented by the Trump advisers Steve Bannon and Peter Navarro). And in the mid-2018, the leading globalists left the administration.
Besides, he was fundamentally described by a notable organization as a leader with a highly distorted view of international trade and international negotiation. Viewing trade as a zero-sum, win-lose game, he stresses one time deals over ongoing relationships, enjoys the leverage created by tariffs and release on brink man ships, and public threat over diplomacy.
The President had said that he likes tariffs (‘trade wars are good and easy to win) and that he wants more of them (I am a tariff man). Trump also went so far as to impose tariffs on steel aluminium imports from Canada, something that even the domestic industry and labour unions opposed. Over the last 30 years, the US steel and aluminium industry has transformed to become North American industries with raw steel and aluminium flowing freely back and front between Canadians and the US plants.
Very recently, Chad P. Bown and Douglas A. Irwin, reported how Trump threatened to leave the WTO, something previous administrations did not do. He says the agreement is rigid against the United States. The administration denounces the WTO when the organization finds US practice in violation of trade rules but largely ignores the equally many cases that it wins. Although the WTO’s dispute settlement system needs reforms; it has worked well to defuse trade conflicts since it was established over two decades ago.
His attack on the WTO, they argued, goes beyond rhetoric. The administration blocked appointments to the WTO appellate body which issue judgement on trade disputes. The dispute settlement system is not perfect.
But rather than make constructive proposals for how to improve it, something Canada and others are doing, The United States is disengaged. The Trump administration may end up destroying the old system without having drafted a blueprint for its successor.
Jerome-Mario Utomi wrote this from Lagos, Nigeria
Feature/OPED
If Dangote Must Start Somewhere, Let It Be Electricity
By Isah Kamisu Madachi
The news that the Nigerian businessman, Aliko Dangote, plans to expand his business interest into steel production, electricity generation, and port development as part of his broader ambition to accelerate industrialisation in Africa deserves a quick reflection on the promises it carries for Nigeria. It is coming from Dangote at a time when many African countries, including Nigeria, are still struggling with below-average industrial capacity. This move speaks to something important about how prosperity is actually built.
In their Influential book ‘The Prosperity Paradox: How Innovation Can Lift Nations Out of Poverty,’ Clayton Christensen, Efosa Ojomo, and Karen Dillon argue that countries rarely overcome poverty through aid, policy declarations or resource endowments alone. According to them, the effective engine of prosperity has always been market-creating innovations by private and public enterprises that build new industries, generate jobs, and expand economic opportunities for ordinary people.
Even though their theory focuses largely on creating something new or producing it exceptionally, Dangote’s new industrial ambition seems closer to the latter. It is about producing essential things at a scale and efficiency that the existing system has failed to achieve.
Take, for example, the electricity sector in Nigeria. Since the beginning of the current Fourth Republic, billions of dollars have been allocated to power sector reforms, yet electricity supply remains unstable, and many Nigerians still depend heavily on generators to power their homes and businesses. The situation has continued to deteriorate despite the enormous resources committed to the sector by the coming of every new administration.
This is not surprising. In The Prosperity Paradox, the authors explain how nations and even international organisations sometimes keep investing huge resources in certain activities only to realise much later that they were simply hitting the wrong target. The problem is not always the lack of funding; sometimes it is the absence of a functioning market system capable of producing and distributing essential services efficiently.
Seen from this perspective, Dangote’s move into electricity generation may mean more than just an investment. It could be an attempt to tackle one of the most critically lingering bottlenecks in Nigeria’s economic development. If I were to be asked to decide which sector Dangote should begin with in this new industrial plan, I would unhesitatingly choose electricity. It is the most embattled, deeply corrupted and seemingly jeopardised beyond repair, yet the most important sector for the everyday life of citizens.
Stable electricity has the power to transform productivity across every sector. When power supply becomes reliable, small businesses are created, productivity is boosted across all sectors, and households enjoy a better quality of life. Nigeria’s long-standing energy poverty has been strangulating the productive potential of millions of people for decades. Fixing that problem alone would unlock enormous economic possibilities more than expected.
Beyond the issue of productivity, Dangote’s entry into these sectors could also stimulate competition. Healthy competition is one of the most effective drivers of efficiency in any economy. The example of the refinery project already shows how a large-scale private investment can disrupt long-standing structural weaknesses within a sector. A similar dynamic in the proposed sectors could encourage other investors to participate and expand industrial capacity.
Nigeria, by 2030, is projected to need 30 to 40 million new jobs to absorb its rapidly growing population. The scale of this challenge means that the government alone, especially in the Nigerian context, cannot create the necessary opportunities to fill this gap. Private enterprises will have to play a major role in expanding productive sectors of the economy. If supported by the right policy environment, they could contribute significantly to narrowing Nigeria’s widening job gap.
Of course, no single business initiative can solve all structural challenges in the economy. But bold investments of this nature often serve as catalysts for broader economic transformation. With the right support and healthy competition from other investors, initiatives like these could help push Nigeria closer to the kind of industrial foundation that many developed economies built decades ago.
In the end, the lesson is simple: prosperity rarely emerges from policy debates alone. It often begins with large-scale productive ventures that reshape markets, unlock productivity at both small-scale and large-scale businesses, and create direct and indirect economic opportunities for millions of common men and women.
Isah Kamisu Madachi is a policy analyst and development practitioner. He writes via is***************@***il.com
Feature/OPED
Love, Culture, and the New Era of Televised Weddings
Weddings have always held a special place in African culture. They are more than ceremonies; they are declarations of love, family, identity, and tradition. From the vibrant colours of aso-ebi to the rhythmic sounds of live bands and the emotional exchange of vows, weddings represent a moment of cultural heritage.
In recent years, weddings have gone beyond physical venues. What was once an exclusive gathering for family and friends has transformed into a shared experience for wider audiences. Social media first opened the door, allowing guests and admirers to witness love stories in real time through Instagram posts, TikTok highlights, and YouTube recaps.
And now, television platforms are taking this even further, giving weddings a new kind of permanence and reach.
High-profile weddings, like the widely celebrated union of Adeyemi Idowu, popularly known as Yhemolee (Olowo Eko) and his wife Oyindamola, fondly known as ThayourB, captured massive public attention. Moments from their wedding became a live shared experience on television (GOtv & DStv).
From the high fashion statements to the emotional highlights, viewers were able to feel part of something bigger, a reminder that weddings inspire not just both families but entire communities.
This shift reflects a broader reality: weddings today are content. They inspire conversations about fashion, relationships, lifestyle, and aspiration. They preserve memories in ways previous generations could only imagine. For Gen Z couples, their wedding is no longer just a day; it becomes a story that can be revisited, celebrated, and even inspire others planning their own journey to forever.
Broadcast platforms like GOtv are playing a meaningful role in this transformation. By bringing wedding-related content directly into homes, GOtv is helping audiences experience these moments not just through social media snippets but in real time.
One of the most notable offerings is Channel 105, The Wedding Channel, Africa’s first 24-hour wedding channel, available on GOtv. The channel is fully dedicated to African weddings, lifestyle, and bridal fashion, showcasing everything from dream ceremonies to the realities of married life. Programs like Wedding Police and Wedding on a Budget, and shows like 5 Years Later, offer a deeper look into marriage itself, reminding viewers that weddings are just the beginning of a lifelong journey.
GOtv is preserving culture, celebrating love, and inspiring future couples with this channel. It allows viewers to witness traditions from different regions, discover new ideas, and feel connected to moments that might otherwise remain private.
With platforms like GOtv, stories continue to live on screens across Africa, where love, culture, and celebration can be experienced by all.
To upgrade, subscribe, or reconnect, download the MyGOtv App or dial *288#. For catch-up and on-the-go viewing, download the GOtv Stream App and enjoy your favourite shows anytime, anywhere.
Feature/OPED
Brent’s Jump Collides with CBN Easing, Exposes Policy-lag Arbitrage
Nigeria is entering a timing-sensitive macro set-up as the oil complex reprices disruption risk and the US dollar firms. Brent moved violently this week, settling at $77.74 on 02 March, up 6.68% on the day, after trading as high as $82.37 before settling around $78.07 on 3 March. For Nigeria, the immediate hook is the overlap with domestic policy: the Central Bank of Nigeria (CBN) has just cut its Monetary Policy Rate (MPR) by 50 basis points to 26.50%, whilst headline inflation is still 15.10% year on year in January.
“Investors often talk about Nigeria as an oil story, but the market response is frequently a timing story,” said David Barrett, Chief Executive Officer, EBC Financial Group (UK) Ltd. “When the pass-through clock runs ahead of the policy clock, inflation risk, and United States Dollar (USD) demand can show up before any oil benefit is felt in day-to-day liquidity.”
Policy and Pricing Regime Shift: One Shock, Different Clocks
EBC Financial Group (“EBC”) frames Nigeria’s current set-up as “policy-lag arbitrage”: the same external energy shock can hit domestic costs, FX liquidity, and monetary transmission on different timelines. A risk premium that begins in crude can quickly show up in delivered costs through freight and insurance, and EBC notes that downstream pressure has been visible in refined markets, with jet fuel and diesel cash premiums hitting multi-year highs.
Market Impact: Oil Support is Conditional, Pass-through is Not
EBC points out that higher crude is not automatically supportive of the naira in the short run because “oil buffer” depends on how quickly external receipts translate into market-clearing USD liquidity. Recent price action illustrates the sensitivity: the naira was quoted at 1,344 per dollar on the official market on 19 February, compared with 1,357 a week earlier, whilst street trading was cited around 1,385.
At the same time, Nigeria’s inflation channel can move quickly even during disinflation: headline inflation eased to 15.10% in January from 15.15% in December, and food inflation slowed to 8.89% from 10.84%, but energy-led transport and logistics costs can reintroduce pressure if the risk premium persists. EBC also points to a broader Nigeria-specific reality: the economy grew 4.07% year on year in 4Q25, with the oil sector expanding 6.79% and non-oil 3.99%, whilst average daily oil production slipped to 1.58 million bpd from 1.64 million bpd in 3Q25. That mix supports external-balance potential, but it also underscores why the domestic liquidity benefit can arrive with a lag.
Nigeria’s Buffer Looks Stronger, but It Does Not Eliminate Sequencing Risk
EBC sees that near-term external resilience is improving. The CBN Governor said gross external reserves rose to USD 50.45 billion as of 16 February 2026, equivalent to 9.68 months of import cover for goods and services. Even so, EBC views the market’s focus as pragmatic: in a risk-off tape, investors tend to price the order of transmission, not the eventual balance-of-payments benefit.
In the near term, EBC expects attention to rotate to scheduled energy and policy signposts that can confirm whether the current repricing is a short, violent adjustment or a more durable regime shift, including the U.S. Energy Information Administration (EIA) Short-Term Energy Outlook (10 March 2026), OPEC’s Monthly Oil Market Report (11 March 2026), and the U.S. Federal Reserve meeting (17 to 18 March 2026). On the domestic calendar, the CBN’s published schedule points to the next Monetary Policy Committee meeting on 19 to 20 May 2026.
Risk Frame: The Market Prices the Lag, Not the Headline
EBC cautions that outcomes are asymmetric. A rapid de-escalation could compress the crude risk premium quickly, but once freight, insurance, and hedging behaviour adjust, second-round effects can linger through inflation uncertainty and a more persistent USD bid.
“Oil can act as a shock absorber for Nigeria, but only when the liquidity channel is working,” Barrett added. “If USD conditions tighten first and domestic pass-through accelerates, the market prices the lag, not the headline oil price.”
Brent remains an anchor instrument for tracking this timing risk because it links energy-led inflation expectations, USD liquidity, and emerging-market risk appetite in one market. EBC Commodities offering provides access to Brent Crude Spot (XBRUSD) via its trading platform for following energy-driven macro volatility through a single instrument.
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