Nigerians blow up Bukhari for allowing only Dangote to resume cement exports despite border closures

Posted by on Nov 10, 2020, Under: News

Nigerians blew up Bukhari for allowing only Dangote to resume cement exports despite border closures

The federal government has been accused of gross bias and policies that could harm citizens after the Dangote Group granted freedom to export goods across our borders, even though it prohibited other companies from engaging in such activities.

Recall that in October 2019, President Bukhari closed the country’s land borders to increase local production and improve security.

However, Bloomberg exclusively reported that the cement company received permission from the federal government to resume cement exports to Niger and Togo for the first time in 2020.

The agency quoted Dangote Cement CEO Michel Pucercos as saying that the company has resumed limited cement exports.

Reacting, a prominent banker and founder of Stanbic IBTC Bank Plc, Atedo Peterside, has accused the federal government of bias in allowing Dangote Cement to resume exports across land borders.

On Tuesday, Peterside tweeted on his verified Twitter account that Nigeria’s economy was rigged in favor of a handful of well-connected people.

He said: “Allowing legal exporters and importers to move their goods across the border should be child’s play. Why deny everyone else and only allow one company (Dangote)?

“This is why some of us argue that Nigeria’s economy is rigged in favor of a handful of well-connected people,” Peterside added.


CLICK TO DROP YOUR COMMENT