By Olukorede Yishau
A LITTLE over a fortnight ago, I was in Bryan, a city some minutes away from College Station in Texas. I needed to fuel my car and noticed that the cost per gallon was hovering around three dollars. I assumed it was the usual higher price in places far from parts of cities like Houston, Cypress and Katy.
But when I returned to my neighbourhood, the price was almost the same. And then it clicked: the war in the Middle East was already here.
Nigeria felt it earlier. Within days of the escalation, petrol prices began shifting again as the Dangote Refinery adjusted its gantry price several times in response to rising crude costs and global market uncertainty. At some filling stations, pump prices hovered around N1,300 per litre despite temporary reductions at the refinery level.
The ongoing global tremor called Operation Epic Fury may be thousands of kilometres away, but like most storms in the modern world, its winds are already blowing across our fragile roof.
The operation itself began on February 28, 2026, when the United States, working closely with Israel, launched a sweeping military campaign against Iran, targeting missile facilities, naval bases and other strategic installations tied to Tehran’s military capabilities.
It was meant to be swift, decisive and overwhelming. But wars rarely remain where they begin.
And in Nigeria, a country already juggling insecurity, inflation and fragile hope, the ripple effects are beginning to show.
First, there is the market. The Nigerian economy has always behaved like a nervous patient. A small disturbance anywhere in the global system sends its pulse racing. The Middle East, being the heartbeat of global oil supply, is not just another region for Nigeria. It is the mirror in which we see our economic future.
Whenever tension rises there, oil prices tremble upward. In the first days after the strikes, crude prices surged sharply and briefly climbed towards the $100 mark amid fears that supply routes through the Persian Gulf might be disrupted.
At first glance, that should be good news for Nigeria. We are, after all, an oil-producing nation. When crude prices rise, the treasury should smile. But Nigeria has a strange relationship with its own blessings.
Higher oil prices may increase government revenue, but they also raise the cost of refined petroleum products. Since Nigeria still imports a significant share of its refined fuel and benchmarks local pricing to global crude, any disruption in global supply chains quickly finds its way into the price of petrol in Lagos, Kano and Port Harcourt.
And once petrol coughs, everything else catches cold. Transport fares rise. Food prices climb. The small trader at Oyingbo market suddenly realises that tomatoes have become luxury items again. The okada rider who once charged ₦200 begins to say ₦350 with a straight face.
Then there is the question of uncertainty. Nigerians have lived long enough with insecurity at home. From the Boko Haram insurgency in the northeast to banditry across the northwest, the country already faces multiple security crises that have killed thousands and displaced many more over the past decade.
Global conflicts often worsen these situations indirectly. When the world’s attention shifts to big wars, smaller conflicts become background noise.
Funding priorities change, intelligence cooperation shifts and international diplomacy becomes preoccupied with the loudest fire. And countries like Nigeria quietly struggle to keep their own flames under control.
Meanwhile, the war itself is still evolving. Military officials say the campaign has entered its second week with sustained air operations targeting Iranian military infrastructure, while Tehran continues limited retaliatory attacks across the region.
That uncertainty keeps global markets on edge. But perhaps the deepest impact of Epic Fury lies not in geopolitics or economics but in psychology.
Because Nigeria is a country permanently standing at the crossroads of hope and anxiety, our citizens watch global events not with academic curiosity but with practical worry. They ask simple questions: Will this make food more expensive? Will the naira fall again? Will petrol disappear from filling stations?
These are not rhetorical concerns. Nigerians remember how global crises have previously tightened the noose around everyday life.
During the Russia–Ukraine war, wheat prices surged and bread became more expensive. During the COVID-19 pandemic, supply chains collapsed and inflation soared.
So when headlines announce a new war in the Middle East, Nigerians instinctively brace themselves, a reflex born of experience.
Yet there is another side to this story. For Nigeria, global turmoil sometimes creates unexpected opportunities. Higher oil prices could temporarily strengthen government finances. With disciplined management, that revenue could support infrastructure, reduce borrowing and stabilise the currency.
Sadly, discipline is the word that often disappears from Nigerian economic vocabulary.
We have seen oil windfalls before. They arrived like rainstorms and vanished like morning dew. The challenge today is not merely to benefit from global price swings but to finally build resilience beyond them.
Epic Fury is a reminder of a truth Nigeria has ignored for decades: a country that depends heavily on oil revenues will always live at the mercy of distant wars. The missiles may fly over Tehran, but their echoes will always be heard in Abuja’s budget calculations.
And then there is diplomacy. Nigeria prides itself on being Africa’s giant, a country whose voice should matter in global affairs. Yet moments like this expose our limited influence on the great chessboard of international politics.
The decisions that shape our economic destiny are often taken in Washington, Tehran, Tel Aviv or Moscow. Nigeria watches. Reacts. Adjusts. Rarely leads. That reality should provoke serious reflection among policymakers.
Beyond governments and geopolitics lies the quiet resilience of ordinary Nigerians. The trader in Aba who recalculates her prices every week. The farmer in Benue who plants again despite insecurity. The civil servant in Ibadan who stretches his salary to the end of the month through sheer creativity. These Nigerians have mastered survival in a world that rarely considers them.
Operation Epic Fury may dominate international headlines. Analysts may debate its strategic implications. Diplomats may draft communiqués. But somewhere in Mushin, a woman will simply ask the most important question of all: “How will this affect garri?”
In that question lies the entire Nigerian experience of global politics. For us, wars are not measured only by missiles destroyed or regimes weakened. They are measured by the price of fuel, the cost of rice and the length of the queue at the bus stop.
Epic Fury may be a military operation in the Middle East. But its true story, for millions of Nigerians, will be written quietly in markets, petrol stations and family kitchens. And that is how distant thunder becomes local rain.
My final take: Till Gabriel blows his horn, Nigeria’s future will be determined by outsiders if we don’t strengthen its diplomatic weight, diversify its economy and reduce vulnerability to external shocks and every distant conflict will continue to feel like a local crisis.
