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Peterside Expresses Displeasure As FG Opens Border For Dangote

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Ijeoma Okeke

Founder of Stanbic IBTC Bank Plc, Mr Atedo Peterside, on Tuesday described as unfavourable the federal governemnt’s border closure policy

This was in reaction to the news that the government had granted a waiver to Dangote Industries Limited to move goods across the border amid the closure of the country’s land borders.

In a post on micro-blogging site, Twitter, Peterside alleged that Nigeria’s economy was rigged in favour of a handful of well-connected persons.

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He wrote: “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.”

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