The founder of Stanbic IBTC Bank, Atedo Peterside, says the Nigerian economy is rigged in favor of a handful of well-connected people.
Atedo Peterside, while reacting to the exemption of Dangote Cement from the ongoing land border closure across the nation.
In a tweet Tuesday morning, Peterside stated that allowing legal exporters and importers to move their goods across the border should be a “no-brainer.”
He lamented about the government’s unique treatment for Dangote Cement, wondering why the government would refuse other companies exemption and allow only one company across the boarder.
“Allowing legitimate exporters & importers to move their goods across the border should be a no-brainer,” Peterside tweeted.
“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.”