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Shehu Shagari, a gentle, scholarly Fulani teacher who never truly sought the presidency, presided over a republic that squandered an estimated $16 billion in oil wealth, expelled two million West African migrants, rigged its own re-election so blatantly that citizens cheered when soldiers arrived, and ended with a brigadier shot dead in a predawn firefight at the presidential villa.

This is Episode 6 of Power & Plunder — a 16-part series covering every head of state Nigeria has had since independence. Built on declassified British and American archives, court records, and primary sources.

My Sources:
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How did Nigeria become the country we know today?

In this episode of BlackBox x Nevon HQ, historian Ed Keazor joins Rufai Oseni for a deep dive into the hidden history behind Nigeria’s formation. From powerful pre-colonial kingdoms and early trade networks to the Royal Niger Company, European interests, and the Berlin Conference, this conversation explores the forces that shaped modern Nigeria.

If you’re interested in Nigerian history, colonialism, politics, business, or governance, this episode offers valuable historical context and thought-provoking insights.

Topics covered:

* Nigeria before colonial rule
* The Royal Niger Company
* The Berlin Conference
* British colonial administration
* Trade, power, and the making of Nigeria
* The influence of European companies on modern Nigeria

📺 Don’t forget to Like, Comment, Share, and Subscribe for more in-depth conversations on history, politics, business, and culture.

#blackbox #nevonhq #edkeazor #rufaioseni #nigerianhistory #colonialhistory #royalnigercompany #history #nigeria

👉🏿 INVEST IN INDEPENDENT BLACK MEDIA → Watch the FULL UNCENSORED interview with Alexia Doubouya and LaKeisha Entsuah at https://ineverknewtv.com/premium/

In Pt.3 of this powerful reasoning, Alexia Doubouya and LaKeisha Entsuah of Coco Life explore why so many people have become hesitant to get married. They discuss how childhood experiences, generational trauma, fear, and unresolved emotional wounds often shape our views on marriage and family more than we realize.

Together, they examine the importance of healing before making lifelong decisions, why many people may be carrying someone else's pain, and how understanding the root of our beliefs can help build healthier relationships, stronger families, and thriving communities.

Please click the link below to learn more about Alexia Doubouya and LaKeisha Entsuah and their work: https://www.cocolife.black/

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On August 15, 1971, President Richard Nixon interrupted Sunday night television to make an announcement that would quietly reshape the entire global financial system. Without a single vote in Congress, without consulting America's allies, and without any public debate, Nixon severed the last link between the U.S. dollar and gold — ending the Bretton Woods system that had governed international finance since World War II.
What followed was the birth of the fiat money era we still live in today. Inflation spiraled. Oil prices quadrupled. The petrodollar system emerged. And the rules of money changed forever — not through democratic process, but through a secret weekend meeting at Camp David attended by just fifteen men.
This is the story of how one decision, made behind closed doors, turned the dollar from a gold-backed promise into pure government decree — and why you're still paying the price for it more than fifty years later.
Sources and further reading:

Federal Reserve History — "Nixon Ends Convertibility of U.S. Dollars to Gold"

U.S. State Department — "Nixon and the End of the Bretton Woods System, 1971–1973"

Jeffrey E. Garten — "Three Days at Camp David: How a Secret Meeting in 1971 Transformed the Global Economy"

World Gold Council — "The Bretton Woods System"

Bank for International Settlements — Working Paper No. 684, "Triffin: Dilemma or Myth?"
#nixonshock #goldstandard #brettonwoods #fiatmoney #usdollar #monetaryhistory #campdavid #petrodollar #globalfinance #economichistory #nixon1971 #goldwindow #centralbanking #moneyprinting #inflation #reservecurrency #financialhistory #wtfhappenedin1971 #johnconnally #paulvolcker #degaulle #triffindilemma #documentary

Ever heard of the petrodollar and wondered what it is? Why does the U.S. dollar dominate global trade? And why is oil almost always priced in USD? This video breaks down the petrodollar system, how it strengthens the U.S. economy through petrodollar recycling, and why BRICS countries are pushing for de-dollarization with alternatives like the petroyuan. But could the petrodollar collapse? And if it does, would the U.S. lose its status as a superpower?

Using simple language and real-life examples, we'll explore how the petrodollar shapes global finance and why it’s so controversial. Subscribe for more financial videos and tricks!

You can watch the "What is Fiat Money? Why Paper Money Has Value?" here: https://www.youtube.com/watch?v=-SdpOESEcM8

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Chapters:
0:00 Introduction
0:43 What is the Petrodollar?
3:20 History of the Petrodollar
8:16 How Important is the Petrodollar to the U.S.?
9:45 Why is the Petrodollar Controversial?
13:12 Future of the Petrodollar

Credits:
U.S. Military Edit: https://www.youtube.com/watch?v=c_r7mlIJ8so
Oil in the desert: https://www.youtube.com/shorts/qm-95TsG54Q
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⁣🎙 From Shoot the Breeze on the Bitter Medicine Podcast.
Why do some Black people rush to defend their white friends whenever racial danger comes up? 👀🔥 The panel gets into it.
Watch the full episode here: https://youtube.com/live/Hx_AOjFsb2E
Drop your thoughts below 👇🏾

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