New Citizen

Aliko Dangote at his refinery complex Our future is in private sector driven growth. We are here precisely because government is inept in running any business. Our refineries are a good sample of the abundant data. They worked for just a decade before irreversible acts of sabotage started to bring them down from 1987 and corruption has since made sure they never breathe again. Intravenous drips of billions of dollars have failed to resuscitate them. We are now 100% dependent on imported fuel sourced by the same government agent—NNPC—which superintended the strangulation of the refineries. This importation is now a meta business for corrupt officials and oil cartel. Even with sharp reduction of the number of vehicles plying our roads and the closure of thousands of factories, NNPCL is still claiming that we consume 60 million litres a day of fuel in the country. Haba jama’a! Akwai lahira fa, wallahi. Tam. Dangote and Monopoly Then Dangote refinery happened. It has, they said, the capacity to refine 650,000bpd, more than what we consume daily. I just listened to the head of NMDPRA over BBC Hausa Service, saying—and sounding innocent—that Dangote wants monopoly but it is the duty of his organization to...