Tuesday, the 9th of August 2022 was a significant date in Kenyan political history. It was the day election for key positions was held all over Kenya.

Observers of the electoral process and the world at large are more interested in the outcome of the presidential election; who will be the 5th president of Kenya since the current president Mr. Uhuru Kenyatta has exhausted his term in office.

Since Kenya got its independence in the year 1963, it has had four presidents, starting from its first president Jomo Kenyatta (who happened to be the father of the current president). The late Jomo Kenyatta gave up power in 1978 to Kenya’s second President, Mr. Daniel Arap Moi. Moi was the longest serving Kenya president who served for 24 years. He was in power from the year 1978 till 2002 when he handed it over to Mr. Mwai Kibaki. Kibaki was in power till 2013 when he handed over to the current president Uhuru Kenyatta, who came in as the 4th president of Kenya.

Four contestants are struggling to get hold of the presidential seat and become the next number one citizen of Kenya; amongst them are the opposition leader, Mr. Raila Odinga, the current Deputy President Mr. Williams Ruto, Prof. George Wajackoyah and David Waihiga. Truth be told that the battle is more between Raila Odinga and Williams Ruto as they are the most popular candidates and the winner of the presidential election is more likely to be one of these two.

I was in Nairobi last weekend and I was amazed that on the eve of the election the city of Nairobi was peaceful and calm and everything seemed normal unlike Nigeria.

Aside from this, some other significant things caught my attention while I was in Nairobi during this election period and having keenly observed and followed the electoral process.  There are really some good electoral developments that Nigeria should at least learn and copy from Kenya and adopt for the upcoming Nigeria’s general election.

I was impressed to see that there is no politician or political figure in Kenya that is above the law. Honorable members of parliaments were arrested during the election for election violence and the police and other law enforcement agencies did not give them preferential treatment. In Kenya no matter who you are, once you are caught trying to destabilize the electoral process you will be arrested. For example, one candidate for parliament was arrested for fighting at a polling station and another parliamentary candidate was also arrested with 9 others for being in possession of machetes and other weapons at a voting center hours before the election was to kick off.

Secondly, Prisoners are allowed to vote in Kenya. That you are in prison will not rob you of your fundamental right to vote. There were polling centers and polling booths inside prisons for the sake of the inmate for them to exercise their franchise.

Also, Kenyans residing in other countries are allowed to vote too. Pooling centers were established in other countries so that Kenyan citizens dwelling in other countries other than Kenya can vote for candidates of their choice. There were voting centers in Canada, the USA, Germany, the UK, etc. That you do not reside in Kenya should not be the reason why your right to vote is taken from you.

Another significant thing I noticed in Kenya is that there is room for Independent candidacy in the Kenyan political system. Candidates must not contest under political parties, candidates do not have to have the backing or support of political parties for them to contest in an election or win elections. If you think you are popular enough to contest without the coverage or being a member of any political party you are free to do that.

Interestingly, some candidates who so far have lost the election or have seen that they are likely to lose the election have adopted the spirit of sportsmanship and they are willingly conceding defeat without recourse for unnecessary noise making, accusations and without even thinking of contesting the election results through judicial process or litigation.

Finally, there is no unnecessary pressure mounted on electoral authorities as they are given seven whole days to collate and announce the results of the election.

Generally, The election was fairly peaceful and so far free and fair. No violence or death is reported yet by the media to have occurred during the election.

Nigeria’s general election that is to be held a few months from now should at least learn and copy some few good points from Kenya’s that was just held.

In the wake of the Russia-Ukraine conflict that triggered oil windfall, petroleum exporting countries got an unanticipated opportunity to increase their revenue generation.

Oil prices rose as high as $130 per barrel, marking a significant shift from the market’s pandemic-induced turmoil. Though high oil prices posed a fresh global economic challenge, it presented a golden opportunity for some economies.

“The reality, though, is that the global crude and product system has suddenly become more complicated, less efficient and higher cost. This will be reflected in prices,” Simon Flowers, Chairman, Chief Analyst and author of The Edge, said.

For members of the Organization of Petroleum Exporting Countries (OPEC), a window opened for replenishment of what was lost to the pandemic. The organization generously increased oil output quota for its members as demand soared.

The once upon a time golden opportunity saw many members of OPEC, particularly in the MENA region, scooping billions of dollars in revenue, boosting their GDP.

Saudi Arabia led the pack with a whopping $1 billion per day revenue from oil export. The kingdom’s oil exports reached $30 billion in March, the highest in at least six years. The value of crude exports increased by 123% year on year, according to the kingdom’s statistics office.

Oman recorded a budget surplus of 784 million rials ($2 billion) in the first half of 2022, due to increase in oil output. Oman’s oil production rose to 1,037,000 barrels per day from 952,000 bpd in the same period in 2021.

Other MENA countries like Kuwait and Qatar also caught the wind of fortune. In other parts of Africa, there’s an uptick in both oil production and revenue. Angola overtook Nigeria as Africa’s largest oil producer.

While the oil windfall provided succor for OPEC members, Nigeria, Africa’s largest economy and the continent’s former largest oil producer, was left out.

“Nigeria is the only major oil exporter that hasn’t benefited from the windfall of higher global oil prices,” Dr Michael Olawale-Cole, President of Lagos Chamber of Commerce and Industry said.

The miss, which came with a brutal consequence of huge revenue loss, was masterminded by factors that the Nigerian government is still grappling with.

On Monday, the Minister of State for Petroleum Resources, Dr Timipre Sylva, decried the level of oil theft rocking the oil sector. He said Nigeria is losing 400,000 barrels per day to crude oil theft, which is capable of crashing the economy as it undermines the country’s earning capacity.

“It is a national emergency because the theft has grown wings and reached a very bad crescendo… And because of the height and orchestrated nature of the menace, Nigeria could not take the advantage of opportunities that abound in the gas production… This is because no investor would want to invest where there is incessant insecurity and vandalism of the infrastructure,” he said.

Nigeria has failed to meet up with its OPEC quota which has been increased to 1.8 million barrel per day (mbpd) due to the rise in crude oil demand globally. The country could only boast of 1.4 mbpd as of July 2022.

Besides this backdrop, Nigeria has no functioning refineries – thus, it imports refined petroleum products at the international market rate. The international market rate, which is unaffordable in Nigeria given the poverty rate in the country, has forced the government to pay billions of dollars in fuel subsidies.

In fact, the oil windfall was a curse rather than a blessing to Nigeria because it yielded budget deficits that the government has resorted to borrowing to upset. Nigeria’s oil benchmark for 2022 national budget was pegged at $62 per a barrel, which would have yielded budget surplus if not that the country is not refining its crude oil products. This means, Nigeria was losing more in revenue as soon as oil prices rose above $62.