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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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    Oil prices rise, stocks mixed as Trump Iran strike pause fades
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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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    Iran has hinted that it will participate in this summer's football World Cup but has required a series of guarantees from FIFA and the tournament's hosts as tensions rise over the team's participation.

    Iran gives conditions for World Cup participation

    May 9, 2026
    Manchester City manager Pep Guardiola said Friday that the “real season starts now” as City seeks to hunt down Arsenal at the top of the Premier League.

    Man City close gap on Arsenal after 3-0 win over Brentford

    May 9, 2026
    Manchester United

    Manchester United play goalless draw against Sunderland

    May 9, 2026
    Security breach at TCN Offa transmission substation in Kwara State after armed men forced operators to shut electricity feeders.

    Gunmen invade TCN Substation in Kwara, disrupt power supply

    May 9, 2026
    Davido announced as a 2026 inductee into the Black Music and Entertainment Walk of Fame in Atlanta, Georgia.

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