De-Dollarisation as an Industrial Policy: Nigeria’s Moment of Reckoning By Adam Olatunji Muritala
Founder, African Pro-Humanity Technology Hub If de-dollarisation without innovation is suicide, then de-dollarisation with innovation is Nigeria’s last realistic path to sovereignty. Currency realignment alone does not create power. It merely exposes whether a nation can produce the technologies that give currency meaning. Nigeria’s economy was never weakened by the dollar itself, but by what the dollar concealed: an import-dependent system that substituted foreign exchange for engineering capability. As global currency dominance fractures, that illusion can no longer hold. A nation that imports its power systems, industrial machines, healthcare equipment, digital platforms, and core technologies remains dependent, no matter what currency it trades in. De-dollarisation therefore confronts Nigeria with a brutal choice: build or break. Countries that manufacture adapt when currencies shift. Countries that consume collapse. The path forward is not monetary cleverness but indus...