The Nigerian authorities has allowed Dangote Cement to renew exports throughout its land borders which have been closed for over a 12 months and this has raised brows.
In October 2019, the Federal Authorities of Nigeria ordered the entire closure of the Nigerian border, inserting a ban on each reputable and illegitimate motion of products in and in a foreign country.
President Muhammadu Buhari’s administration has now given permission for Africa’s greatest cement producer, Dangote Cement, to export to Niger and Togo within the third quarter for the primary time in months, Michel Puchercos, chief govt officer, mentioned on an investor name Monday, November 9.
BUA Group and a gasoline firm have additionally obtained presidential approval to maneuver items throughout the land borders, Joseph Attah, the spokesperson for Nigerian Customs, mentioned.
Quite a few Nigerians reacted asking the explanation for this preferential therapy.
Former Aviation Minister, Femi Fani-Kayode reacted on Instagram by sharing a photograph of Dangote and writing: “Throughout the Covid19 lockdown Dangote vehicles have been allowed to drive via Ogun state however everybody else was stopped.
“Right now Dangote vehicles are allowed to undergo our land borders however everybody else is stopped.
“Was Nigeria created for Dangote or was Dangote created for Nigeria?”
Atedo Peterside, the founding father of Stanbic IBTC Financial institution Plc, additionally reacted, tweeting: “Permitting reputable exporters & importers to maneuver their items throughout the border ought to be a no brainer. Why refuse everyone else & permit just one firm (Dangote)? This is the reason a few of us argue that the Nigerian economic system is rigged in favour of a handful of well-connected individuals.”
He later added: “I’ve since learnt that Bua Group have been additionally allowed to export items via Nigeria’s “closed” land borders. FG ought to please settle for that what is nice for the goose can also be good for the gander. When will the FG contemplate small sincere companies that aren’t so well-connected?”