Opinion
Namibia And China’s Energy Quest
Western investors can be forgiven for having the perception that China has bought Africa’s energy assets lock, stock and barrel.
Last month however, a new oil frontier opened in South West Africa, which as yet represents a level playing field, with no Chinese investment as yet. Accordingly, investors should watch developments in Namibia, which earlier this month announced massive offshore oil finds.
On 6 July Namibia’s Mines and Energy Minister, Isak Katali announced the discovery of vast oil reserves off the southern Namibian coast in the South Atlantic.
During his ministerial briefing to Parliament, Katali said, “Enigma Oil and Gas, a company owned by Chariot Oil and Gas, has identified five prospects in its northern blocks of 1811A and B. The company again has contracted Senergy GB Limited to design a first well to test one of these prospects in the Tapir area, which lies in water 2,100 meters deep.
According to him, “target reservoirs range in depth from 3,900 meters to 4,800 meters and most likely reserves, in the event of success, are estimated to be nearly 500 million barrels. Enigma is currently actively seeking a deep-water rig to drill this well during the fourth quarter of this year.
“Enigma expects to find oil rather than gas and would develop a discovery through a floating production, storage and offloading vessel on a fast track basis with first production planned for 2015/16. Currently, Enigma holds 100 per cent equity in the blocks but is seeking industry partners to share the well cost or risk in this venture,” he added.
According to the weekly Namibian Economist, the offshore blocks are estimated to hold total reserves of up to 11 billion barrels, which is nearly equal to that of neighbouring Angola’s reserves of 13 billion barrels of oil.
The discoveries represent a massive potential windfall for the Namibian government. In neighbouring Angola, oil production accounts for nearly 85 per cent of its GDP, 90 per cent of its export revenue, and nearly two-thirds of government revenue.
Namibia could certainly use the income. According to the United Nations Development Programme, Namibia is a middle-income country with one of the most unequal income distributions in the world,
The recent Namibia Household Income and Expenditure Survey, more than one in four households live in poverty and the poorest 10 per cent of households command just one per cent of the country’s total income, whereas the wealthiest 10 per cent control more than half. The country has massive social problems, with an estimated unemployment rate of 51 per cent, while the UNDP’s 2005 Human Development Report indicated that 34.9 per cent of the population live on $1 per day and 55.8 per cent live on $2 per day.
The economy is heavily dependent on the extraction and processing of minerals for export. Mining currently accounts for 8 per cent of Namibia’s GDP, but provides more than 50 per cent of the country’s foreign exchange earnings. Rich alluvial diamond deposits make Namibia a primary source for gem-quality diamonds.
Namibia’s other mineralogical assets include being the world’s fourth-largest producer of uranium as well as a significant producer of large quantities of zinc along with smaller amounts of gold and other minerals. Namibia’s mining sector employs only about 3 per cent of the population, while about 35-40 per cent of the population currently lives on subsistence agriculture.
In developing its hydrocarbon potential assets Namibia has a number of advantages over many other African countries. The nation has firm macroeconomic policies, efficient political structures, growing financial institutions, and its level of corruption is low in comparison with other African countries. Namibia’s currency, the Namibian dollar (NAD), is also directly linked to the South African Rand and is therefore not as much affected by currency fluctuations.
For investors seeking a share of Namibia’s incipient energy wealth, this is no time to be complacent. On 26 July nearly 50 Chinese companies attended the one-day Namibia-China Business Forum held in the Namibian capital Windhoek. Namibian Ministry of Trade and Industry Undersecretary, Edward Kamboua called upon Chinese businesses to create new joint ventures with Namibian partners in high priority areas of government interest, including oil, natural gas and mineral exploration.
Last year bilateral trade between Namibia and China was worth about $713 million, 60 times more than a decade ago. Currently 27 Chinese state-owned companies are operating in Namibia in the fields of construction, mining, engineering, information technology and financial services – but, as yet no significant hydrocarbon investments.
So, Namibia’s new energy assets remain as yet open to nimble-footed foreign investors who have the ability to move quickly. Otherwise, it seems likely that the Namibia’s energy riches will become yet another pawn on China’s global energy chessboard.
Dr Daly, a London-based expert, wrote this piece for Washington, DC-based OilPrice Intelligence.
John Daly
Opinion
Wike VS Soldier’s Altercation: Matters Arising
The events that unfolded in Abuja on Tuesday November 11, 2025 between the Minister of the Federal Capital Territory, Chief Nyesom Wike and a detachment of soldiers guarding a disputed property, led by Adams Yerima, a commissioned Naval Officer, may go down as one of the defining images of Nigeria’s democratic contradictions. It was not merely a quarrel over land. It was a confrontation between civil authority and the military legacy that still hovers over our national life.
Nyesom Wike, fiery and fearless as always, was seen on video exchanging words with a uniformed officer who refused to grant him passage to inspect a parcel of land alleged to have been illegally acquired. The minister’s voice rose, his temper flared, and the soldier, too, stood his ground, insisting on his own authority. Around them, aides, security men, and bystanders watched, stunned, as two embodiments of the Nigerian state clashed in the open.
The images spread fast, igniting debates across drawing rooms, beer parlours, and social media platforms. Some hailed Wike for standing up to military arrogance; others scolded him for perceived disrespect to the armed forces. Yet beneath the noise lies a deeper question about what sort of society we are building and whether power in Nigeria truly understands the limits of its own reach.
It is tragic that, more than two decades into civil rule, the relationship between the civilian arm of government and the military remains fragile and poorly understood. The presence of soldiers in a land dispute between private individuals and the city administration is, by all civic standards, an aberration. It recalls a dark era when might was right, and uniforms conferred immunity against accountability.
Wike’s anger, even if fiery, was rooted in a legitimate concern: that no individual, however connected or retired, should deploy the military to protect personal interests. That sentiment echoes the fundamental democratic creed that the law is supreme, not personalities. If his passion overshot decorum, it was perhaps a reflection of a nation weary of impunity.
On the other hand, the soldier in question is a symbol of another truth: that discipline, respect for order, and duty to hierarchy are ingrained in our armed forces. He may have been caught between conflicting instructions one from his superiors, another from a civilian minister exercising his lawful authority. The confusion points not to personal failure but to institutional dysfunction.
It is, therefore, simplistic to turn the incident into a morality play of good versus evil.
*********”**** What happened was an institutional embarrassment. Both men represented facets of the same failing system a polity still learning how to reconcile authority with civility, law with loyalty, and service with restraint.
In fairness, Wike has shown himself as a man of uncommon courage. Whether in Rivers State or at the FCTA, he does not shy away from confrontation. Yet courage without composure often feeds misunderstanding. A public officer must always be the cooler head, even when provoked, because the power of example outweighs the satisfaction of winning an argument.
Conversely, soldiers, too, must be reminded that their uniforms do not place them above civilian oversight. The military exists to defend the nation, not to enforce property claims or intimidate lawful authorities. Their participation in purely civil matters corrodes the image of the institution and erodes public trust.
One cannot overlook the irony: in a country where kidnappers roam highways and bandits sack villages, armed men are posted to guard contested land in the capital. It reflects misplaced priorities and distorted values. The Nigerian soldier, trained to defend sovereignty, should not be drawn into private or bureaucratic tussles.
Sycophancy remains the greatest ailment of our political culture. Many of those who now cheer one side or the other do so not out of conviction but out of convenience. Tomorrow they will switch allegiance. True patriotism lies not in defending personalities but in defending principles. A people enslaved by flattery cannot nurture a culture of justice.
The Nigerian elite must learn to submit to the same laws that govern the poor. When big men fence off public land and use connections to shield their interests, they mock the very constitution they swore to uphold. The FCT, as the mirror of national order, must not become a jungle where only the powerful can build.
The lesson for Wike himself is also clear: power is best exercised with calmness. The weight of his office demands more than bravery; it demands statesmanship. To lead is not merely to command, but to persuade — even those who resist your authority.
Equally, the lesson for the armed forces is that professionalism shines brightest in restraint. Obedience to illegal orders is not loyalty; it is complicity. The soldier who stands on the side of justice protects both his honour and the dignity of his uniform.
The Presidency, too, must see this episode as a wake-up call to clarify institutional boundaries. If soldiers can be drawn into civil enforcement without authorization, then our democracy remains at risk of subtle militarization. The constitution must speak louder than confusion.
The Nigerian public deserves better than spectacles of ego. We crave leaders who rise above emotion and officers who respect civilian supremacy. Our children must not inherit a nation where authority means shouting matches and intimidation in public glare.
Every democracy matures through such tests. What matters is whether we learn the right lessons. The British once had generals who defied parliament; the Americans once fought over states’ rights; Nigeria, too, must pass through her own growing pains but with humility, not hubris.
If the confrontation has stirred discomfort, then perhaps it has done the nation some good. It forces a conversation long overdue: Who truly owns the state — the citizen or the powerful? Can we build a Nigeria where institutions, not individuals, define our destiny?
As the dust settles, both the FCTA and the military hierarchy must conduct impartial investigations. The truth must be established — not to shame anyone, but to restore order. Where laws were broken, consequences must follow. Where misunderstandings occurred, apologies must be offered.
Let the rule of law triumph over the rule of impulse. Let civility triumph over confrontation. Let governance return to the path of dialogue and procedure.
Nigeria cannot continue to oscillate between civilian bravado and military arrogance. Both impulses spring from the same insecurity — the fear of losing control. True leadership lies in the ability to trust institutions to do their work without coercion.
Those who witnessed the clash saw a drama of two gladiators. One in starched khaki, one in well-cut suit. Both proud, both unyielding. But a nation cannot be built on stubbornness; it must be built on understanding. Power, when it meets power, should produce order, not chaos.
We must resist the temptation to glorify temper. Governance is not warfare; it is stewardship. The citizen watches, the world observes, and history records. How we handle moments like this will define our collective maturity.
The confrontation may have ended without violence, but it left deep questions in the national conscience. When men of authority quarrel in the open, institutions tremble. The people, once again, become spectators in a theatre of misplaced pride.
It is time for all who hold office — civilian or military — to remember that they serve under the same flag. That flag is neither khaki nor political colour; it is green-white-green, and it demands humility.
No victor, no vanquish only a lesson for a nation still learning to govern itself with dignity.
By; King Onunwor
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