Founder of Stanbic IBTC Bank Plc, Mr Atedo Peterside, has faulted the Federal Government’s decision to allow only Dangote Industries Limited to move goods across the border amid the closure of the country’s land borders.
Nigeria’s land borders have been closed to its West African neighbours for more than a year as part of efforts to check the smuggling of contraband into the country.
In a post on Twitter on Tuesday, Peterside said Dangote should not be the only one allowed to move goods across the borders.
“Allowing legitimate exporters and importers to move their goods across the border should be a no-brainer.
“Why refuse everybody else and 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,” he said on his Twitter handle.
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