Dangote: Nigerian Economy Is Rigged To Favour Only The Rich – Atedo Peterside

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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.”