Nigeria woke to a paradox that has haunted its oil-dependent economy for decades. Brent crude above $102 a barrel, pushed higher by escalating tensions between the United States, Israel and Iran. The Strait of Hormuz, through which roughly one-fifth of the world’s oil supply passes each day, has once again become the epicentre of global market anxiety.
For Africa’s most populous economy, the surge promised a fiscal windfall. For households and businesses, it delivered higher fuel costs, rising transport fares and a widening cost-of-living sq
