Energy
Trump Presidency An Opportunity For African Leaders, Says Yemi Adeoye
Energy policy expert, Yemi Adeoye has suggested that a second term for former U.S. President Donald Trump could present significant opportunities for African leaders, particularly in the realm of energy development.
Speaking on TVC News on Monday, Adeoye emphasized that Trump’s focus on reducing global regulations and prioritizing the U.S. economy could allow African nations to better leverage their natural resources without the constraints of climate policies that have historically been imposed by Western powers.
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“Looking at Africa as an economic bloc, I think it will be good, especially when you look at our energy concerns,” Adeoye said.
“I think his administration would be okay because Mr. Trump is very focused on reducing the United States’ global regulations. His focus is more on the internal economy of the United States, and that is his major focus.”
Adeoye pointed out that Trump’s economic strategy has typically been centered around protecting and boosting the U.S. economy, particularly in comparison to economic competitors like China and Western Europe.
“If you look at his comments about the U.S. economy, it has always been ‘America first’—how he is going to grow the economy internally,” he explained.
“He is not really bothered about blocs that are not economic competitors or contemporaries of the United States. Africa is not competing with the U.S. Africa is not an economic contemporary of the U.S., so he is not bothered about Africa.”
On the issue of climate change and energy policies, Adeoye noted that Trump’s historical stance of downplaying climate concerns could be advantageous for African nations looking to develop their energy sectors.
Adeoye said, “He’s not going to impose the climate change policies on Africans. Trump, during his last administration, did not really bother about Africa. He is not concerned about climate change; he even said it was a hoax that it was not real, and he is in full support of fracking.”
Adeoye explained that Trump’s support for shale fracking, a controversial method that has boosted U.S. oil production, could have a ripple effect on global energy markets.
“Shale fracking, which we know has environmental issues, is fully supported by Trump because it is going to grow the United States’ oil production significantly,” he said. “In fact, global oil production should grow by about 10% if shale fracking reaches its full potential.”
He also pointed out that Africa contributes only about 3.8% of global greenhouse gas emissions, much lower than major emitters like China and the U.S. “Africa’s emissions footprint is very low, and that means our mineral resources are being underutilized,” Adeoye said.
“What we probably do majorly is export them across the world. We can now use these resources to develop because our greenhouse gas emissions are so low.”
In this context, Adeoye stressed the importance of Africa being allowed to fully develop its natural resources without restrictions.
He highlighted Nigeria’s ongoing efforts to advocate for the right to utilize its mineral deposits, a message reinforced by President Bola Tinubu at international platforms like the United Nations. “Nigeria has been campaigning in all the major global energy conferences that Africa should be allowed to develop the continent with its mineral deposits,” he said.
In addition, Adeoye urged African leaders to seize the opportunity presented by a Trump presidency, emphasizing that his policies could help unlock the continent’s energy potential.
“I think Trump is an opportunity for African leaders to be very strategic,” he said. “He is not going to impose regulations on them. For all we have seen, we can take it that he would not want to impose regulations with regard to gas emissions or climate change.”
The Niger Delta Youths are primed to assume national responsibilities in critical areas of the economy by protecting vital oil and gas assets in the region.
The United Niger Delta Congress (UNDC) gave the assurance at a media briefing in Abuja, over the weekend, adding that the youths of Niger Delta were ready to work with the federal government in this regard.
The group maintained that youths in the region have shown that such responsibilities, including the security of pipelines, can be entrusted to them.
Speaking at the news conference, Niger Delta Youth activist, Mallam Julius Obi, said the Niger Delta is safer while the nation’s crude is flowing based on the fact that youths in the region are doing the job.
He said that being a youth should not be a disqualification from strategic national assignments but when matched with preparation and character, a national asset.
“We are calling on the federal government to note that Nigeria is full of young men and women who are prepared, disciplined and ready to carry out national responsibilities.
“We urge the federal government to keep opening the doors of strategic national service to young Nigerians who have earned trust the only way it can be earned, by delivery,” Obi said.
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The group commended President Bola Tinubu for sustaining the security reforms in the oil and gas industry and the the National Security Adviser (NSA), Mallam Nuhu Ribadu, for coordinating the protection of the nation’s pipelines, and the management of NNPCL for providing the enabling environment.
Joseph Ambakederimo, convener of the South-South Reawakening Group, has questioned the accountability of Nigeria’s crude oil forward sales, demanding clarification on the volume of crude lifted, outstanding balances and the use of upfront payments.
Speaking during an interview on Arise TV on Sunday, Ambakederimo expressed concern over the monitoring of crude oil transactions, questioning who was responsible for tracking deliveries and providing feedback on the arrangements.
“We don’t even know who is monitoring and giving us the feedback of the barrels of crude that have been lifted on forward sales basis,” he said.
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He challenged the Nigerian National Petroleum Company Limited (NNPC) to provide details of the transactions, including the quantity of crude already lifted, the outstanding balance and whether the agreed deliveries had been completed.
“Today, can we get this from NNPC? How much have they lifted? What is the balance remaining? Have they been completed?” he asked.
Ambakederimo also questioned how the money collected upfront under the arrangements had been spent, demanding an explanation of its use.
“That money that was collected upfront, what was the use of the money? Can you justify it?” he asked.
He argued that Nigeria should make better use of its natural resources to accelerate infrastructure development and improve living conditions.
Citing land reclamation projects in the United Arab Emirates, Ambakederimo said Nigeria could explore similar opportunities to create additional land for residential and other developments.
He recalled seeing a signpost while travelling from Dubai to Abu Dhabi describing a project to reclaim land from the sea, using the example to highlight the development possibilities he believes Nigeria could explore.
The South-South Reawakening Group convener also argued that Nigeria could reclaim land in suitable areas, provided environmental concerns were properly managed.
He called for the country to translate its natural resource wealth into infrastructure and improved living conditions, stressing the need for greater accountability in crude oil transactions.
Oil output from the United Arab Emirates (UAE) rose to record levels in September, underscoring its resilience even amidst the Middle East crises and liberation from OPEC+ limits.
The International Energy Agency (IEA) issued the data in its monthly report, adding that Abu Dhabi raised total oil production, including condensates, by 400,000 bpd to 5.3 MMbpd.
According to the IEA, the UAE bolstered crude output to more than 4.4 MMbpd, nearing its maximum capacity, which surpasses the previous highs for total oil in August, and crude oil in June.
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The UAE has been one of the most successful among regional producers in restoring flows through the Strait of Hormuz, by drawing on a fleet of tankers to discreetly shuttle cargoes through the chokepoint and then transfer them onto other vessels. In addition, the country’s decision to leave the Organization of the Petroleum Exporting Countries (OPEC) as of May has freed it from the group’s output caps, a source of frustration for years.
Its gains contributed to a wider recovery in flows from Gulf producers, which reached more than 75% of pre-war levels in September, led by Saudi Arabia, according to the Paris-based IEA.
Still, it’s unclear how far the regional rebound has withstood a new wave of Iranian attacks on tankers transiting Hormuz, and escalating hostilities carried out by the Houthi rebel faction in Yemen.
The UAE depleted its observable above-ground inventories at a record pace of more than 270,000 bpd in September, drawing them to an all-time low, according to the IEA.
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