The global energy debate continues to recycle a powerful illusion: that natural resource abundance automatically translates into national prosperity. The global energy debate continues to recycle a powerful illusion: that natural resource abundance automatically translates into national prosperity. Wealth is created only when resources are governed competently, developed by skilled institutions, protected by political stability, and embedded within a national strategy that transcends local pride, short-term politics, and episodic ambition. It required political stability, policy continuity across administrations, and — critically — a genuine team effort across the federation. - Wealth without political stability attracts external leverage.

Source: New Strait Times January 07, 2026 06:39 UTC