₦airaland Forum

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Why Kwara Choose a new beginning with Otoge


https://www.youtube.com/watch?v=yB3k8sWwUbU?si=e0N6T1ORh1BhUP17

This is not the Kwara we used to know


https://www.youtube.com/watch?v=zRfmAhYBxTs?si=eJ6dkNz_ck1r74eU

How Saraki lost his way


https://www.youtube.com/watch?v=bKGjRBr78J8?si=8wRpTeZw57dOssP-

*US Tariff War: A Strategic Dollar Trap and the BRICS Opportunity for De-dollarization*

By Abdulrazaq Hamzat

The United States has once again unilaterally instigated a global trade war through a sweeping tariff strategy, an act not merely of economic policy, but of deliberate financial manipulation. Within just two days of the tariff announcement, the U.S. stock market plummeted by 10.5%, wiping out over $5 trillion in paper value. But while markets trembled, demand for the U.S. dollar surged, exposing the deeper strategic intent behind the move.

This apparent contradiction is no coincidence. It is design.

Despite self-inflicted economic turbulence, the U.S. emerges as the primary beneficiary of this crisis, as global investors flee to the dollar as a "safe haven" asset. This is not economic miscalculation, it is currency warfare. The tariff war is a U.S. strategy to reinforce dollar dominance amid growing global resistance, particularly from the BRICS bloc and the wider Global South.

A Dollar Trap in Disguise

This moment should not be viewed as an isolated trade dispute. It is part of a broader geopolitical contest for control over the monetary architecture of the world. The goal is clear: to re-anchor the global economy to the U.S. dollar, especially as momentum builds toward multipolar financial systems.

From Reaction to Redesign

BRICS nations must not respond with swift, emotional, or fragmented measures. A narrow retaliation would be playing into America's hand. Instead, this moment should be seen through the strategic lens of de-dollarization.

BRICS must:

1. Broaden the Frame by Recognizing that the tariff war as a cover for currency consolidation. Reframe the response as part of a long-term effort to build an alternative global financial order.

2. Avoid Singular Responses. No BRICS country should respond in isolation. A coordinated multilateral economic strategy is critical to minimizing dollar dependencies and reinforcing sovereign monetary tools.

3. Design for Long-Term Impact. Immediate retaliation will feed short-term volatility and strengthen the dollar. A comprehensive, quietly-executed response that weakens the dollar's structural advantages will deliver lasting results.

Turning Crisis into Opportunity

Accelerate De-dollarized Trade, Expand cross-border settlement in local currencies and accelerate the development of a BRICS currency or clearing system.

Strategic Commodity Pricing: Price key global commodities, especially energy and food in non-dollar denominations.

Global South Alliances: Build a broader monetary coalition with Africa, Latin America, and Southeast Asia for a shared financial architecture.

Build Confidence Mechanisms: Develop new instruments that rival U.S. Treasuries as global stores of value (e.g., BRICS bonds, gold-backed securities, etc.)

Media & Thought Leadership: Invest in narrative shaping platforms to challenge the mythology of dollar security.

The Real War is Monetary

The U.S. has launched a tariff war. But beneath it lies a deeper offensive, a currency war intended to reassert dollar primacy.

BRICS must not react with mere counter-tariffs. This is not about trade. This is about the future of global finance.

Let this not be a reaction. Let it be a revolution.

This is a once in a generation opportunity to undermine the dollar’s hegemony, not by rage, but by redesign. Not by protest, but by policy.

The world doesn't need a stronger dollar. It needs a freer economy.

_Abdulrazaq Hamzat is a Multi dimensional policy analyst_

From Courtroom to Conscience: How Abdulrazaq Hamzat Chose Principle Over Prolonged Legal Battle Against NOUN

decision to step back from legal warfare allowed him to step fully into a leadership role in conflict resolution—one that is now gaining international recognition.

A Message for a New Generation

Hamzat hopes his story will inspire a new generation of student leaders and activists to think critically about how they pursue justice.

“You don’t always need to win a court case to win the argument,” he said. “History will always vindicate integrity.”

As NOUN turns a new leaf and embraces the very reforms Hamzat once championed, his story stands as a powerful testament to the long arc of justice—and the strength it takes to trust it.

“Principle is not just what you fight for,” Hamzat concludes, “It’s also what you’re willing to walk away from, in order to remain true to yourself.”

https://medium.com/@biolababes/from-courtroom-to-conscience-how-abdulrazaq-hamzat-chose-principle-over-prolonged-legal-battle-9c9b986c6d39

Trump's Unseen Genius: How a Global Trade War Rescued the Dollar

Americans may not be giving President Donald J. Trump the credit he truly deserves, not for his tweets, not for his polarizing rhetoric, but for something far more consequential, his strategic genius in protecting U.S. global dominance through economic warfare.

While many scoffed at his erratic decisions and dismissed him as impulsive, few could see the deeper pattern. Trump didn’t just disrupt global trade, he weaponized crisis. And in doing so, he engineered one of the most effective counterattacks against the anti-dollar movement in modern history.

The Dollar Was Losing Ground

Before Trump's presidency, the world was rapidly shifting. The BRICS alliance, Brazil, Russia, India, China, and South Africa was gaining momentum.

Their vision of a multipolar world included de-dollarization, and they were making real strides. Trade in local currencies was increasing. The IMF and World Bank were being challenged. The idea of an alternative global reserve currency was no longer fiction.

And the dollar? It was beginning to decline, not just in value, but in influence.

Trump’s Counterattack: Economic Shock Therapy

Enter Trump.

He imposed unilateral tariffs, crashing the global trading system. In the short term, America took a hit, the U.S. stock market lost 10.5% in two days, shedding over $5 trillion in value. But that wasn’t failure. That was sacrifice. Like a master chess player, Trump was willing to lose a piece to win the board.

Because what happened next was predictable, a global panic.

In the face of uncertainty, international capital rushed back to the dollar, not out of love, but out of necessity. The same countries that had championed de-dollarization now faced currency devaluation, economic instability, and falling investor confidence.

The global south felt the pain first. BRICS nations became preoccupied, not with building alternatives, but with salvaging their own economies.

This is a brilliant disruption, if not Machiavellian.

Trump’s genius was simple yet devastating:

1. Initiate economic chaos.
2. Trigger a global flight to the dollar
3. Force anti-dollar coalitions to retreat into self-preservation.
4. Re-establish dollar dominance as the “safe haven” of last resort.

This is economic warfare, not through tanks or drones, but through capital flows and financial architecture.

A Delayed Revolution, A Resurgent Dollar

Trump’s global trade war slowed down the BRICS momentum. It derailed conversations on global financial reform. It exposed how fragile the path to de-dollarization really was. And while some global leaders tried to call his bluff, they underestimated how interconnected and unprepared the rest of the world was for monetary independence.

The result? A resurgent dollar. U.S. economic stability. And perhaps the most important geopolitical victory the U.S. has won in decades—without firing a shot.

Conclusion: Credit Where It's Due

You don’t have to agree with Trump’s politics to recognize his tactical brilliance. While the world played checkers, Trump played currency chess. And in doing so, he reminded everyone that power doesn’t always look polished, it looks effective.

In the game of global supremacy, Trump didn’t just keep America first, he kept the dollar alive.

This is a carefully thought out policy that requires a carefully thought out counter from the global South, not swift singular reaction.

Abdulrazaq Hamzat is a Multi dimensional policy analyst

Doylestown92:
Most were sent to Yemen and Oman. That's why Yemenis and Omanis are very dark, compared to the rest Arabs.

Explain more

How the Loss of Over $5 Trillion in the U.S. Stock Exchange Affects Nigeria

Within the past two business days, the U.S. stock exchange has suffered a steep 10.5% decline, resulting in a market value loss of over $5 trillion. With a total valuation of approximately $50 trillion, experts are already predicting a recession in the U.S.

The U.S. stock exchange is intricately interconnected with global finance, with numerous countries, sovereign wealth funds, and multinational corporations holding substantial investments in U.S. equities and debt instruments.

As of June 2023, foreign portfolio holdings of U.S. securities stood at approximately $27 trillion, accounting for more than 50% of total foreign-owned U.S. financial assets. These holdings span equities, corporate bonds, and government securities.

Countries with substantial holdings in U.S. markets include Japan, the United Kingdom, Canada, Luxembourg, Germany, China, and France. These nations manage significant portions of pension funds, insurance portfolios, and sovereign reserves through U.S.-based financial markets, making them deeply vulnerable to major fluctuations like this one.

Africa’s direct exposure to the U.S. stock market is relatively small compared to Western and Asian economies. The continent’s investments are typically routed through sovereign wealth funds, central bank reserves, and a few institutional investors.

There is limited detailed public data on the continent’s aggregate holdings, but countries like South Africa, Nigeria, Egypt, and Morocco maintain some level of exposure via indirect portfolio holdings and reserve management strategies.

Nigeria's direct investment in the U.S. stock exchange is relatively modest, and its overall exposure is limited. However, the implications of a 10.5% U.S. market decline can still be significant for Nigeria.

As global investors flee to safe-haven assets like the U.S. dollar, demand for the dollar surges, leading to depreciation of the naira. This has already prompted the Central Bank of Nigeria (CBN) to intervene by injecting nearly $200 million into the FX market to stabilize the local currency.

With the U.S. market in turmoil, foreign investors may reassess their risk appetite and slow down capital flows into emerging markets like Nigeria.

The U.S. is one of Nigeria's major trading partners. A weakened U.S. economy could lower demand for Nigerian exports, especially its oil, impacting trade revenue.

Many Nigerians living in the U.S. send money home regularly. This is one of Nigeria's sources of foreign exchange. Economic uncertainty and job losses abroad may reduce remittance volumes, affecting household incomes and local consumption.

So, while Nigeria may not hold a large stake in the U.S. market, its economic dependency on global financial flows, trade, and remittances makes it vulnerable to the aftershocks of a U.S. market crash. The situation underscores the fragile interdependence of modern global economies, where a tremor in one corner can cause quakes worldwide.

Abdulrazaq Hamzat