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    Nigeria steps in as oil tensions rise in Middle East

    Opalim LiftedBy Opalim LiftedMarch 22, 2026No Comments2 Mins Read
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    Brent crude climbs to $86.79 as US-Iran tensions fuel oil market fears
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    Nigeria has declared its readiness to support global energy stability as geopolitical tensions continue to disrupt oil markets in the Middle East.

    The Minister of Information, Mohammed Idris, said the country is prepared to play a stabilising role in the global energy sector, stressing that Nigeria remains a dependable oil supplier.

    In a statement issued by his media aide, Rabiu Ibrahim, Idris noted that rising global demand for oil presents an opportunity for Nigeria to contribute meaningfully to energy security.

    “The world needs oil, and Nigeria is there,” he said, adding that the country is willing to take steps that could ease pressure on global supply chains.

    Idris also highlighted the importance of Bola Tinubu’s ongoing international engagements, particularly with the United Kingdom, describing them as crucial to strengthening diplomatic and economic ties.

    According to him, the visit reinforces long-standing historical, cultural and economic relationships between both nations, with expectations of deeper cooperation in the future.

    • Otti seals $200m palm oil deal, targets 5,000 jobs in Abia

    The minister further pointed to the impact of the administration’s economic reforms, claiming they have already improved Nigeria’s global reputation and economic outlook.

    He reaffirmed the Federal Government’s commitment to sustaining reforms, improving security, and creating an environment where citizens can live and work safely.

    Meanwhile, shifting global energy dynamics are opening new opportunities for Nigeria’s refining sector. Some African countries that previously relied on refineries in the Persian Gulf are now turning to the Dangote Refinery as an alternative source of fuel supply.

    The development signals Nigeria’s growing influence in regional energy markets and its potential to become a key player in global energy stability.

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    Man found hanging in Niger uncompleted building

    Man found hanging in Niger uncompleted building

    July 31, 2026
    Franco Baresi, AC Milan, Italy legend dies at 66

    Franco Baresi, AC Milan, Italy legend dies at 66

    July 31, 2026
    Tyla announces world tour, to perform in Lagos amid xenophobia

    Tyla drops Lagos from world tour after threats, boycott calls

    July 31, 2026
    Chief of Army Staff Waidi Shaibu speaks on military efforts to rescue abducted schoolchildren and teachers from Oyo State.

    Army investigates leaked DSS memo warning of Borno, Adamawa attacks

    July 31, 2026
    Police nab 50-year-old man for defiling two minors in Rivers

    Police nab 50-year-old man for defiling two minors in Rivers

    July 31, 2026
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