This man stole a country from his own father and spent the next 18 years buying the West with gas money.
- He deposed his own dad in a palace coup and left him in exile for nearly a decade
- He founded the news network that aired Osama bin Laden's tapes
- He built America's largest military base in the Middle East and charges no rent for it
- He bought Harrods, the Shard, Canary Wharf, Paris Saint-Germain and 17% of Volkswagen
- He won the 2022 World Cup for a country with no football history
Sheikh Hamad bin Khalifa Al Thani died this morning at 74.
Here's how bought the world:
In June 1995, he waited for his father to leave the country, then took the throne. The coup was bloodless. His father spent nearly a decade in exile.
Qatar is about one third the size of Belgium, and its population was barely two million, most of them foreign workers.
But it was sitting on one of the LARGEST natural gas reserves on Earth.
He bet everything on liquefied natural gas. Qatar became the world's biggest LNG exporter and one of the richest countries alive per person.
Then he hit the problem every commodity business hits:
Gas is gas, anyone with a tanker can sell it, and a tiny country with no army and that much money is a snack for its neighbours.
So he bought two things nobody else in the Gulf thought to buy...
The first was the world's attention.
In 1996 he issued a decree and Al Jazeera was born. Within a few years it was the most influential news network in the Arab world.
He owned the loudest microphone in the region and never had to speak into it himself.
The second was the American military.
In 1996, Qatar spent over a billion dollars building an air base at Al Udeid, outside Doha. It got the longest runway in the Gulf and shelters for nearly a hundred aircraft.
Qatar's air force only had about a dozen fighter jets.
In 1999 he reportedly told US officials he wanted 10,000 American servicemen stationed there permanently.
Then 9/11 happened, and they came.
The genius part:
Al Udeid is now the forward headquarters of US Central Command and the largest American base in the Middle East, with roughly 10,000 troops.
Qatar charges no rent.
He built the asset before the customer existed, handed it over free, and bought the one thing cash cannot: The US military parked permanently between his gas and everyone who wanted it.
The network broadcasting bin Laden and the runway flying America's war sat in the same tiny country, paid for by the same man.
Then he went shopping...
He set up the Qatar Investment Authority in 2005:
- Harrods
- The Shard
- Canary Wharf, London's largest property owner, bought with Brookfield for 2.6 billion pounds
- 17% of Volkswagen
- Paris Saint-Germain
All his.
In 2017 the Telegraph ran the headline "Qataris own more of London than the Queen."
Then 2008 arrived. Barclays needed billions or the British government was going to own it. Qatar wrote the cheque and its stake climbed to 12.7%. Barclays was later charged over how it disclosed that Qatari money.
In 2010, FIFA handed the 2022 World Cup to a desert country with NO football history. Corruption allegations shadowed the bid for over a decade, and the treatment of the migrant workers who built it drew brutal criticism.
Yet he walked into the opening match in 2022 and the stadium gave him a standing ovation.
Every other Gulf state was selling the same molecule at the same price. Hamad spent his money on a newsroom, a runway, a football club and half of London.
A country of two million now brokers hostage deals and hosts American presidents.
He built all of it in 18 years, and he took the throne from his own father to start.
Truly an unmatched legacy.
I INDEPENDENTLY SEARCHED NIGERIA'S BUDGET DOCUMENTS FROM 2019 TO THE PRESENT. HERE IS WHAT I FOUND ABOUT THE PFIPC SCANDAL THAT NOBODY IS TALKING ABOUT.
THE NAME DID NOT COME FROM NOWHERE
Everyone is focused on Adeyemi the man. Nobody has gone back to ask where the name "Presidential Economic Advisory Council" actually came from. I did. And the answer changes this entire story.
The Presidential Economic Advisory Council is not a Tinubu creation. Tinubu's economic body is called the Presidential Economic Coordination Council. He established it in March 2024, inaugurated it in July 2024, and chairs it himself alongside Dangote, Elumelu, the Senate President and the Governors Forum Chairman. It has a different name, a different structure and a different budget code.
The Presidential Economic Advisory Council is a creation of Buhari. Buhari established it in September 2019 to replace the Economic Management Team that Osinbajo was heading. It had real named members. Prof. Doyin Salami as chairman. Charles Soludo. Bismark Rewane. Eight economists reporting directly to the President with a defined mandate and a legal institutional identity.
When Tinubu came in and created the PECC in 2024, the Buhari-era PEAC was never formally dissolved. No gazette removing it. No Budget Office circular revoking its institutional identity. It simply went dormant. But dormant in Nigeria's government system is not the same as deleted.
That dormant status is exactly what was exploited.
20 key Youth programs by Federal Government that Youths should know about and maximize:
1. Student Loan for Tertiary Education: Interest-free loan, payable three years after graduation and upon securing employment. Apply at: https://t.co/K9Ck5obHnP
2. Technical and Vocational Education (TVET): Free education with a monthly stipend of N45,000 per student. Learn more at: https://t.co/UYQ85AVyg9
3. Million Technical Talent (3MTT): Training program for 3 million individuals in IT, with employment facilitation. Register at:
https://t.co/qKbzBzczUP
4. Nigerian Youth Academy (NiYA) Startup Grants: N1 million grants for 200 youth-led startups and N500,000 for 100 informal sector beneficiaries. Learn more at:
https://t.co/FkevPGWtgQ
5. NiYA Gig Digital Work Platform: Digital platform linking Nigerian youth to paid opportunities locally and globally. Learn more at:
https://t.co/lXKz3VPNVr
6. Youth Investment Fund: Financial support for young entrepreneurs. Learn more at:
https://t.co/jPP2HO3BTs
7. National Youth Development Bank: Bank providing access to capital for young entrepreneurs. Learn more at:
https://t.co/kTZCxAQWGs
8. Digital Literacy for All: Initiative to achieve 70% digital literacy by 2027. Learn more at:
https://t.co/BgbDA9Kk3H
9. Labour Employment and Empowerment Programme (LEEP): Program to create 2.5 million jobs through training and entrepreneurship development. Learn more at:
https://t.co/MxG0ReCwaE
10. NDE Renewed Hope Employment Initiative: Trained and resettled over 33,000 youth with starter packs in vocational skills. Learn more at:
https://t.co/eNKMFSIqb6
11. CNG-Powered Tricycle Empowerment Scheme: Distribution of 2,000 CNG-powered tricycles to Nigerian youth. Learn more at:
https://t.co/eCCeXhtSKs
12. Yo! Health Youth Initiative: National campaign promoting health and wellness among youth. Learn more at: https://t.co/188laxzdPY
13. Ministry of Steel Development Youth Bootcamp: Training youth in metallurgy, industrial welding, and mechanical design. Learn more at:
https://t.co/pNzNlILtBj
14. Nigeria Health Fellowship: Trained and employed 774 youth to strengthen healthcare workforce. Learn more at:
https://t.co/QJ2WPzyj7i
15. Reimagining Hope Creative Residency: Empowering young creatives in film, music, fashion, and tech industries. Learn more at:
https://t.co/vw86PJjz4O
16. NextGen Resilience Corps: Youth mobilization initiative for climate change, environmental sustainability, and local innovation. Learn more at:
https://t.co/agnwmAfgy2
17. Stockholm Junior Water Prize Nigeria: Competition for Nigerian teens to innovate in water management and environmental sustainability. Learn more at:
https://t.co/dZ8es0SCMF
18. SMEDAN Creative & Garment Studios: Empowering Nigerian youth in creative economy and fashion industry. Learn more at:
https://t.co/eOJNIvC1m1
19. NDDC Youth Entrepreneurship Fund*: N30 billion committed to youth entrepreneurship in the Niger Delta. Learn more at: https://t.co/SHR6Vund9Y
20. AfDB $100 Million Loan for Youth and Women-Led Enterprises: Targeting over 38,000 youth-led businesses with capital and business support. Learn more at:
https://t.co/HitwUQXxMc
#NigerianYouths #YouthEmpowerment #YouthOpportunities #NigeriaGovernment
#NigeriaStudents #SkillUpNigeria #FederalGovernment
GEJ did set up a confab in 2014. Its recommendations included reverting to the old national anthem (one I donβt even like, btw), devolution of powers, fiscal federalism/resource control, state police, independent candidacy, a constitutional court, LG reforms, a single 6-yearβ¦
Corrected position: NYSC REFORMS:
On camping, the approved proposal is two weeks of civic, leadership, and life skills training; two weeks of basic accounting and financial literacy, access to finance, business planning, and career mapping; and the last two weeks would be a short immersion into your area of interest. So, you may have read English but be really interested in tech, environment and climate, or the creative sector.
Camps will be certified and graded to ensure that they meet minimum standards. State governments will be given a grace period during which to ensure they meet the standards for infrastructure, accommodation, safety and security and healthcare.
Posting will ordinarily be done impersonally using an algorithm that considers factors like state of origin, state of residence, school attended, etc.
Posting to security flashpoints will be risk-sensitive and people who are not indigenes of those areas or are already residing in those areas should not be posted there.
Regarding the timing of commencement and wider consultation, the NYSC Act would need to be amended for the changes to take effect. This should include public consultations and public hearings. Every legislation passed and assented to is a product of a series of compromises.
Good morning.