By Abidemi Adebamiwa
U.S President Elect, Donald TrumpThe 2024 Election results are in, and they’re big: Donald Trump has made a comeback with a landslide victory. While I expected he might return to the White House, I didn’t expect such a sweeping win.
Kamala Harris recently called Trump to concede, acknowledging [her] overwhelming support.
Now, with Trump’s Party controlling Congress, he has the power to push his Agenda through quickly. But what does this mean for Americans—and could Nigeria, as an Oil-Rich Nation, gain from Trump’s plans? Let’s dive into what might happen next.
Trump’s Big Plans with Full Support
With Congress in his favor, Trump has the support he needs to make some serious moves. Here’s what we might see first:
Creating Jobs and Boosting the Economy: Trump has promised to put American Jobs first, and he’s likely to deliver with Tax Cuts for Businesses and massive spending on Infrastructure—like improving Roads, Bridges, and Airports. His goal is to keep American Businesses thriving and to avoid relying too much on Foreign Products, especially after the Pandemic revealed Supply Chain Issues. This means more Opportunities for American Workers, and we might see lots of Construction and Industry Growth.
Tightening Up Immigration: Immigration has always been one of Trump’s main issues, and with his Party now backing him, we’ll likely see stricter Border Security and more focus on American Workers. He might work quickly to expand the U.S.-Mexico Border Wall and push new Immigration Laws that prioritise Jobs for Americans, which could spark strong reactions both for and against these Policies.
Focusing on Oil and Energy: Here’s where Nigeria could benefit. Trump has always been a Fan of Oil and Fossil Fuels, believing in Energy Independence for the U.S. With Congress supporting him, Trump may push to cut back on Environmental Rules and increase Oil and Gas Production. This move would likely raise Oil demand Worldwide, which could be a big win for Nigeria, one of Africa’s largest Oil Producers. If the U.S. increases its Oil Use, Countries like Nigeria could see Oil Prices go up, boosting their Economies. This could also attract more investment in Nigeria’s energy sector, creating jobs and generating revenue for the country. Nigeria could also find new trading opportunities as the U.S. seeks partners in oil production.
Changing Healthcare: Trump has talked about making Healthcare more affordable by encouraging Private options and competition between Providers. While his plans aren’t fully clear, he’ll likely aim to lower Healthcare Costs by increasing choices for Americans.
What to Watch Out For:
Now that Trump has the political power to move quickly, here are a few things we should keep an eye on:
Fast Policy Changes: With Congress in line, Trump might push through big Policy changes in Areas like Immigration and Energy. This speed could surprise some People, leading to Protests or Debates, especially around Environmental impacts.
Public Reactions: Not everyone is happy about Trump’s return, and his Policies could face resistance. Public demonstrations or challenges in Court could emerge as he rolls out new Policies.
U.S.-Nigeria Relations: Trump’s “America First” approach could affect U.S. Relationships with other Countries. Nigeria might see closer ties with the U.S. around Oil Trade, which could be a win for both Countries if handled well.
Final Thoughts
Trump’s landslide win means big changes are on the way. His Second Term, with Congress in full support, gives him the power to bring his Ideas to life quickly, both in the U.S. and potentially Abroad. Nigeria stands to gain from Trump’s Energy focus, as increased Oil demand could benefit the Economy. Whether People love or hate these changes, we’re all about to witness a new and impactful Chapter in History.
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