NIGERIA IS RIGGED IN FAVOUR OF WELL-CONNECTED PERSONS- ATEDO PETERSIDE REACTS TO DANGOTE CEMENT'S EXCLUSIVE PASS DESPITE CLOSED BORDER
The founder of Stanbic IBTC Bank Atedo Perterside on Tuesday asserted that Nigeria is rigged in favour of a handful of well connected persons.
Atedo made this comment in reaction to news that the administration of Muhammadu Buhari has given permission to Dangote Cement owned by Aliko Dangote to export to Niger and Togo despite an existing border closure.
"Allowing legitimate exporters & importers to move their goods across the border should be a no-brainer. Why refuse everybody else & allow only one company (Dangote)? This is why some of us argue that the Nigerian economy is rigged in favour of a handful of well-connected persons," Atedo said.
Nigeria announced the closure of its land borders to all goods and imported items on August 21, 2019 to prevent smuggling of drugs, arms and agricultural products.