ADVERTISEMENT
  • PT Insider
  • #EndSARS Dashboard
  • PT Hausa
  • About Us
  • PT Jobs
  • Advert Rates
  • Contact Us
  • Digital Store
Monday, October 26, 2026
Premium Times Nigeria
  • Home
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Gender
  • Investigations
    • All
    • Alabuga Reports
    • Blood on Uniforms
    St Martin de Porres School

    SPECIAL REPORT: Beyond tuition, extra school charges deepen financial strain on Nigerian parents

    Stalled wind farm project in Katsina typifies Nigeria’s struggle to build renewable-energy industry

    Stalled wind farm project in Katsina typifies Nigeria’s struggle to build renewable-energy industry

    Gas Flare at Obagi flare stack 1

    PREMIUM TIMES investigates TotalEnergies’ ‘zero routine flaring’ claim

    Atiku, Ribadu, Fintiri, Binani, Haske, and Ishaku Abbo

    2027: Fintiri’s exit, Atiku, Ribadu’s interests set stage for tight Adamawa governorship race

    Anthony Kila

    INVESTIGATION: How Anthony Kila falsified all his academic qualifications – from Bachelor’s to Doctorate

    Anthony Kila

    INVESTIGATION: The fake professor leading a Nigerian university

    Gas flaring by Sterling Oil in Eastern Obolo

    INVESTIGATION: NUPRC fails to enforce Nigeria’s anti-flaring law as methane emissions go unchecked (2)

    Illegal mining around the M.I. Wushishi/Lukoto area of the state capital.

    Minna’s Cell of Death: Survivors recount how 37 mining suspects died in NSCDC custody

    A photo of Leno Adesanya, President Bola Tinubu and Sambo Dasuki

    Mambilla: How PREMIUM TIMES investigation helped Nigeria defeat Leno Adesanya at Paris Tribunal

  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Trade Insights
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
    • All
    • Analysis
    • Columns
    • Contributors
    • Editorial
    Eric Teniola writes about military intrigues.

    Dele Cole (1940-2026) and his public service, By Eric Teniola 

    From Brasilia with love, By Abdulaziz Abdulaziz

    Kaduna rally as the North’s referendum on Tinubu, By Abdulaziz Abdulaziz

    President Donald Trump in Congress [PHOTO CREDIT: The Strategist]

    EDITORIAL: Why the US midterm elections matter

    Chidi Anselm Odinkalu writes that democracy without voters is the origin of Nigeria’s insecurity crisis.

    Does Nigeria truly have over 103 million voters?, By Chidi Anselm Odinkalu

    Wole Olaoye writes about e-jackasses who are on the prowl.

    The odds against Tinubu, By Wole Olaoye

    Festus Adedayo writes about Obasa, Aláàfin Ṣàngó and the capture of Lagos.

    Ebola: Day pandemic killed an Aláàfin, By Festus Adedayo

  • Health
    • News Reports
    • Special Reports and Investigations
    • Health Specials
    • Features and Interviews
    • Multimedia
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Special Reports/Investigations
    • Features
    • Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
    • Casino
      • iGaming
      • Non AAMS
      • Online Kaszinó Magyar
      • Online Casino Österreich
      • non Gamstop casinos
      • Kasyna online
      • Casino Uden Rofus
      • Τα Καλύτερα Online Casino
      • Casino Sin Licencia España
      • Casino Utan Svensk Licens
      • Beste online casinos
      • Top cazinouri online
    • Gokken
      • Beste Online Casino Nederland
    • Games
      • كازينو اون لاين
      • Geriausi kazino internetu
      • Онлайн казино Казахстан
  • Elections
    • 2024 Ondo Governorship Election
    • 2024 Edo Governorship Election
    • Presidential
    • Gubernatorial
  • Home
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Gender
  • Investigations
    • All
    • Alabuga Reports
    • Blood on Uniforms
    St Martin de Porres School

    SPECIAL REPORT: Beyond tuition, extra school charges deepen financial strain on Nigerian parents

    Stalled wind farm project in Katsina typifies Nigeria’s struggle to build renewable-energy industry

    Stalled wind farm project in Katsina typifies Nigeria’s struggle to build renewable-energy industry

    Gas Flare at Obagi flare stack 1

    PREMIUM TIMES investigates TotalEnergies’ ‘zero routine flaring’ claim

    Atiku, Ribadu, Fintiri, Binani, Haske, and Ishaku Abbo

    2027: Fintiri’s exit, Atiku, Ribadu’s interests set stage for tight Adamawa governorship race

    Anthony Kila

    INVESTIGATION: How Anthony Kila falsified all his academic qualifications – from Bachelor’s to Doctorate

    Anthony Kila

    INVESTIGATION: The fake professor leading a Nigerian university

    Gas flaring by Sterling Oil in Eastern Obolo

    INVESTIGATION: NUPRC fails to enforce Nigeria’s anti-flaring law as methane emissions go unchecked (2)

    Illegal mining around the M.I. Wushishi/Lukoto area of the state capital.

    Minna’s Cell of Death: Survivors recount how 37 mining suspects died in NSCDC custody

    A photo of Leno Adesanya, President Bola Tinubu and Sambo Dasuki

    Mambilla: How PREMIUM TIMES investigation helped Nigeria defeat Leno Adesanya at Paris Tribunal

  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Trade Insights
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
    • All
    • Analysis
    • Columns
    • Contributors
    • Editorial
    Eric Teniola writes about military intrigues.

    Dele Cole (1940-2026) and his public service, By Eric Teniola 

    From Brasilia with love, By Abdulaziz Abdulaziz

    Kaduna rally as the North’s referendum on Tinubu, By Abdulaziz Abdulaziz

    President Donald Trump in Congress [PHOTO CREDIT: The Strategist]

    EDITORIAL: Why the US midterm elections matter

    Chidi Anselm Odinkalu writes that democracy without voters is the origin of Nigeria’s insecurity crisis.

    Does Nigeria truly have over 103 million voters?, By Chidi Anselm Odinkalu

    Wole Olaoye writes about e-jackasses who are on the prowl.

    The odds against Tinubu, By Wole Olaoye

    Festus Adedayo writes about Obasa, Aláàfin Ṣàngó and the capture of Lagos.

    Ebola: Day pandemic killed an Aláàfin, By Festus Adedayo

  • Health
    • News Reports
    • Special Reports and Investigations
    • Health Specials
    • Features and Interviews
    • Multimedia
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Special Reports/Investigations
    • Features
    • Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
    • Casino
      • iGaming
      • Non AAMS
      • Online Kaszinó Magyar
      • Online Casino Österreich
      • non Gamstop casinos
      • Kasyna online
      • Casino Uden Rofus
      • Τα Καλύτερα Online Casino
      • Casino Sin Licencia España
      • Casino Utan Svensk Licens
      • Beste online casinos
      • Top cazinouri online
    • Gokken
      • Beste Online Casino Nederland
    • Games
      • كازينو اون لاين
      • Geriausi kazino internetu
      • Онлайн казино Казахстан
  • Elections
    • 2024 Ondo Governorship Election
    • 2024 Edo Governorship Election
    • Presidential
    • Gubernatorial
Premium Times Nigeria
BUA Group Ad BUA Group Ad BUA Group Ad

Not our war!, By Wole Olaoye

The war has triggered a "balance-of-payments" crisis for many African states.

byWole Olaoye
March 16, 2026
Reading Time: 5 mins read
0
Google Logo Add us on Google

This is not our war in Africa. Our people shouldn’t be having appointments with avoidable death on account of the ongoing Gulf war. The African Union (AU) has wisely shifted its focus to the hundreds of thousands of African migrant workers in the Gulf and demanded “safe passage” and protection for these nationals as Iranian drones target regional aviation hubs.

Africa does not have a dog in the fight going on in the Middle East. “Operation Epic Fury” is a war between a tag team of a lion and a polar bear on one hand and a honey badger and its army of unseen Tasmanian devils on the other. What we have learnt so far is that the rules of warfare are being re-written before our very eyes. We have also seen that the world is more interconnected and nations more interdependent than the superpowers are prepared to admit. 

Join the Premium Times WhatsApp Community For Quick Access To News and Happenings Around You.

Open in WhatsApp

Whichever way the hostilities end, the point has been made that one can only predict the beginning of a war; the variables that determine its duration and outcome are legion. Moreover, we have seen that asymmetry has two sides — in relation to armaments (where the god of war sides with superior firepower) and in the case of staying power (a situation in which the inferior opponent is primed to fight to the last man). 

FIRST BANK AD Do you live in Ogijo

Avoidable 

Many of us thought (naively, it has turned out) that the war was avoidable, especially as Iran and the US were engaged in talks brokered by Oman. But what happened? While American diplomats were sitting across from Iranian diplomats in Geneva, the US military buildup was happening simultaneously with the peace talks. Iran’s Foreign Minister, Abbas Araghchi, said publicly that even if his country’s supreme leader, Khamenei, were killed, the government would not fall.

The United States sat at the negotiating table and watched Iran agree to zero stockpiling and full IAEA verification — and still went ahead to launch the largest air campaign in the Middle East in a generation. In response, Iran is now targeting the infrastructure that keeps the entire Gulf region alive. And it has activated its proxies in the region. Believing that there is nothing more to negotiate, Iran is poised to fight to the bitter end, unless, perhaps, the rest of the world is able to assure it that it would never come under attack in the future again (which is a tall order). 

PT WHATSAPP CHANNEL

Iran cannot militarily defeat a combination of the US and Israel, but it can make it impossible for the two allies to sustain an expensive, long-drawn war that negatively affects the world economy, because of its strategic location. 

Dangote Refinery AD

According to Jiang Xueqin, a historian and geopolitical theorist who runs a YouTube channel called Predictive History, “Iran sees the conflict as a calculated opportunity to unify its fractured population under a nationalist banner, to expel American influence from the region permanently, and to bleed the United States financially and militarily until Washington has no choice but to leave. Iran does not need to win on the battlefield. Iran needs the United States to stay long enough that the cost of staying becomes politically and financially impossible.”

Premium Times

Stay Ahead with Premium Times

Follow us on Google News and never miss breaking stories, investigations, and in-depth reporting.

Google Logo Add as a preferred source on Google

The war has triggered a “balance-of-payments” crisis for many African states. With oil prices hovering between $100 and $120 per barrel, the pump price of petrol is getting beyond the reach of many people. In Nigeria, even with Dangote Refinery, petrol prices have spiked to over ₦1,200/₦1,300 per litre. The government is making more money from oil exports, while the pockets of the citizens are being picked at the pumps.

Environment

In the midst of all this, the environment is taking a bashing which may take generations to recover from. The conflict has generated a major regional environmental crisis, with implications for other parts of the planet. In addition to the destruction of physical assets, the war has triggered a series of transboundary ecological disasters, including but not limited to the following:

  • Atmospheric pollution and “black rain” caused by strikes on oil storage facilities in Shahran and Sohanak, releasing massive plumes of soot, sulphur dioxide, and nitrogen oxides.
  • Dispersal of carcinogenic compounds like benzene and PFAS into the air, raising fears of an increase in cancer rates and chronic lung disease for decades. 
  • Resource diversion: Billions of dollars previously earmarked for “green” transitions in the Gulf are being diverted to defence and reconstruction.
  • Marine and coastal despoliation.
  • Agricultural impact: Contaminated “black rain” and toxic runoff have permeated Iranian farmland, posing a long-term threat to food security and contaminating groundwater layers.
  • Global climate and policy repercussions: Carbon spike: Military operations are estimated to contribute roughly 5.5 per cent of global emissions.
  • Desalination crisis: Over 100 million people in the region depend on desalination for drinking water. If desalination plants are taken out, a serious humanitarian crisis will ensue.
  • Oil slicks: Torpedo attacks on vessels, such as the Iranian frigate Dena, off the coast of Sri Lanka, have created 20 kilometre long oil slicks. In the Gulf, strikes on tankers and port infrastructure at Bandar Abbas have leaked hundreds of thousands of barrels of oil into the sea.
  • Acoustic pollution: Intense naval activity and high-decibel military sonar (reaching up to 235 dB) are disrupting marine life.
  • Soil and groundwater contamination.
  • Relapse into coal: Disruptions to Middle Eastern gas and oil have forced countries like India to pivot back to coal, undermining global net-zero commitments.

The reaction of African countries has varied from selective neutrality (see no evil, speak no evil, and hear no evil) and outright condemnation of Iranian retaliation targeting the Gulf states with US military bases, while remaining silent on the assassination of the 86-year-old Iranian leader, to South Africa’s outright condemnation of the US/Israel’s “anticipatory self-defence”.

The war has triggered a “balance-of-payments” crisis for many African states. With oil prices hovering between $100 and $120 per barrel, the pump price of petrol is getting beyond the reach of many people. In Nigeria, even with Dangote Refinery, petrol prices have spiked to over ₦1,200/₦1,300 per litre. The government is making more money from oil exports, while the pockets of the citizens are being picked at the pumps.

The war is hitting Nigerian agriculture through fuel costs, fertiliser scarcity, and the upcoming lean season (June–August). Food prices are projected to rise by another 30–35 per cent by June. With the Middle East being a primary source of urea and phosphate, the disruption of Gulf shipping has sent fertiliser prices soaring. Many smallholder farmers may be forced to plant without adequate inputs, which will lead to a smaller harvest in late 2026.

Countries like Senegal, Zambia, and Eritrea are at a high risk of depleting foreign exchange reserves due to rising import bills. With the Strait of Hormuz functionally impaired, 1/3 of the global fertiliser trade is at risk, forcing countries like South Africa and Morocco to scramble for non-Gulf supplies to prevent a 2027 food crisis.

Triple Threats 

This is not our war in Africa. Our people shouldn’t be having appointments with avoidable death on account of the ongoing Gulf war. The African Union (AU) has wisely shifted its focus to the hundreds of thousands of African migrant workers in the Gulf and demanded “safe passage” and protection for these nationals as Iranian drones target regional aviation hubs.

Operation Epic Fury has fundamentally altered Nigeria’s economic trajectory for the first half of the year. As of mid-March, petrol pump prices have already jumped from approximately ₦774 to between ₦1,200 and ₦1,500 per litre in major cities like Lagos and Abuja. Diesel (AGO) spiked to ₦1,620 per litre. This is particularly damaging because diesel powers the trucks that move food and the generators that power our industries. Analysts warn that if the Strait of Hormuz remains shut, petrol could hit ₦2,000 per litre by July.

The war is hitting Nigerian agriculture through fuel costs, fertiliser scarcity, and the upcoming lean season (June–August). Food prices are projected to rise by another 30–35 per cent by June. With the Middle East being a primary source of urea and phosphate, the disruption of Gulf shipping has sent fertiliser prices soaring. Many smallholder farmers may be forced to plant without adequate inputs, which will lead to a smaller harvest in late 2026.

Experts estimate that if the war continues for another six months, 20–25 million Nigerians will need food assistance by August. 

The fat prayer on all Nigerian lips now is that the oil windfall will be prudently managed to achieve the greatest good for the greatest number of Nigerians. 

So help us God!

Wole Olaoye is a Public Relations consultant and veteran journalist. He can be reached on [email protected], Twitter: @wole_olaoye; Instagram: woleola2021

Share this:

  • Share on X (Opens in new window) X
  • Share on Facebook (Opens in new window) Facebook
  • Share on WhatsApp (Opens in new window) WhatsApp
  • Share on Telegram (Opens in new window) Telegram
  • Share on LinkedIn (Opens in new window) LinkedIn
  • Email a link to a friend (Opens in new window) Email
  • Print (Opens in new window) Print

Discover more from Premium Times Nigeria

Subscribe to get the latest posts sent to your email.

Previous Post

A back to the future moment for the Nigerian Bar Association, By Chidi Anselm Odinkalu

Next Post

EDITORIAL: De-escalating the US/Israel war with Iran urgently!

Wole Olaoye

Wole Olaoye

More News

Eric Teniola writes about military intrigues.

Dele Cole (1940-2026) and his public service, By Eric Teniola 

October 26, 2026
From Brasilia with love, By Abdulaziz Abdulaziz

Kaduna rally as the North’s referendum on Tinubu, By Abdulaziz Abdulaziz

October 26, 2026
President Donald Trump in Congress [PHOTO CREDIT: The Strategist]

EDITORIAL: Why the US midterm elections matter

October 26, 2026
Chidi Anselm Odinkalu writes that democracy without voters is the origin of Nigeria’s insecurity crisis.

Does Nigeria truly have over 103 million voters?, By Chidi Anselm Odinkalu

October 25, 2026
Wole Olaoye writes about e-jackasses who are on the prowl.

The odds against Tinubu, By Wole Olaoye

October 25, 2026
Festus Adedayo writes about Obasa, Aláàfin Ṣàngó and the capture of Lagos.

Ebola: Day pandemic killed an Aláàfin, By Festus Adedayo

October 25, 2026
Leave Comment

  • About Us
  • Contact Us

Our Digital Network

  • PT Hausa
  • Election Centre
  • Human Trafficking Investigation
  • Centre for Investigative Journalism
  • National Conference
  • Press Attack Tracker
  • PT Academy
  • Dubawa
  • LeaksNG
  • Campus Reporter

Resources

  • Oil & Gas Facts
  • List of Universities in Nigeria
  • LIST: Federal Unity Colleges in Nigeria
  • NYSC Orientation Camps in Nigeria
  • Nigeria’s Federal/States’ Budgets since 2005
  • Malabu Scandal Thread
  • World Cup 2018
  • Panama Papers Game

Projects & Partnerships

  • AUN-PT Data Hub
  • #EndSARS Dashboard
  • Parliament Watch
  • Panama Papers
  • AGAHRIN
  • #PandoraPapers
  • #ParadisePapers
  • #SuisseSecrets
  • Our Digital Network
  • About Us
  • Contact Us
  • Resources
  • Projects
  • Data & Infographics
  • DONATE

All content is Copyrighted © 2025 The Premium Times, Nigeria

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

DMCA.com Protection Status
  • Home
  • Elections
    • 2024 Ondo Governorship Election
    • 2024 Edo Governorship Election
    • Presidential & NASS
    • Gubernatorial & State House
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • Gender
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Trade Insights
    • Business Specials
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Health
    • COVID-19
    • News Reports
    • Special Reports and Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Investigations
    • Features
    • Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
    • Casino
      • iGaming
      • Non AAMS
      • Online Kaszinó Magyar
      • Online Casino Österreich
      • non Gamstop casinos
      • Kasyna online
      • Τα Καλύτερα Online Casino
      • Casino Sin Licencia España
      • Casino Utan Svensk Licens
      • Casino Uden Rofus
      • Beste online casinos
      • Top cazinouri online
      • Online Casino Österreich
    • Gokken
      • Beste Online Casino Nederland
    • Games
      • كازينو اون لاين
      • Geriausi kazino internetu
      • Онлайн казино Казахстан
  • #EndSARS Dashboard
  • AUN-PT Data Hub
  • Projects
    • Panama Papers
    • Paradise Papers
    • SuisseSecrets
    • Parliament Watch
    • AGAHRIN
  • Opinion
    • Editorial
  • PT Hausa
  • Become a PT Insider
  • DONATE
  • About Us
  • Dubawa NG
  • Advert Rates
  • PT Jobs
  • Digital Store
  • Contact Us

All content is Copyrighted © 2025 The Premium Times, Nigeria

Discover more from Premium Times Nigeria

Subscribe now to keep reading and get access to the full archive.

Continue reading