The military escalation involving the United States, Israel, and Iran has sent shockwaves through global oil markets. This is not a favour but the right of the Nigerian people, enabling the country to cushion itself against an increasingly hostile global economic environment. “Nigerian workers are being pauperized and subjected to immense suffering. “The government must engage in sincere social dialogue with Nigerian workers and the broader citizenry. The conflict has also exposed Nigeria’s vulnerability to global oil market fluctuations, highlighting the need for economic diversification.

Source: Punch March 15, 2026 18:42 UTC