₦airaland Forum

malali:
Akinwunmi Adesina,

Your passionate defense of Dangote’s monopolistic tendencies is misplaced and ultimately detrimental to Nigeria's long-term economic health. Let’s be clear: the open free market should determine winners and losers, not subjugation or forced patronage.

Monopoly and Market Distortion

You argue that monopoly exists due to high barriers to entry or high capital costs. While this may hold some truth, it does not justify the creation or maintenance of monopolies, especially not through governmental favoritism. Dangote has benefitted immensely from the Nigerian state: free limestone, free land for cement factories, some of the cheapest non-unionized labor in the world, unlimited tax concessions, and numerous import waivers. Despite these advantages, what has been the result? The cement business remains a monopolistic cartel. Do Nigerians enjoy cheap cement today? The answer is a resounding no. Dangote was one of the first to hike cement prices, exercising his market dominance at the expense of Nigerian consumers.

Dangote Refineries and Energy Sector Monopoly

Now, you suggest we should hand over the energy sector, crucial for 300 million people, to a single man. This is both dangerous and short-sighted. Dangote’s decision to build a $19.5 billion refinery was his own business choice, and with any business venture comes inherent risks. He should have anticipated the possibility of buying crude at market rates and selling refined products in an open market. Expecting the NNPC to capitulate to his demands reeks of entitlement and undermines the very principles of fair competition and market dynamics.

Misplaced Sympathy and Entitlement

Your attempt to elicit sympathy by emphasizing Dangote’s massive investment ignores the fundamental fact that he should have considered market contingencies. Dangote should compete on equal footing with other businesses, not seek special treatment. Throwing a tantrum and trying to manipulate crude sales and petrol procurement from the NNPC signals a disturbing sense of entitlement.

Economic Independence and Fair Competition

Nigeria’s energy sector, like any other, must remain open to fair competition. Your call for protectionist measures to favor Dangote is a call to undermine the very fabric of a free market economy. The energy sector should be driven by innovation, efficiency, and competition, not by monopolistic practices.

A Call for Economic Justice

The days of allowing a few individuals to dominate critical sectors of our economy must end. We have seen what happens when monopolies are allowed to flourish – prices soar, quality suffers, and innovation stagnates. It’s time for Nigeria to embrace a truly competitive market, where every player has an equal opportunity to succeed.

Adesina, you call for support and protection of local industries, but true support lies in fostering a competitive environment where no single entity can dictate terms. We must not surrender our economic future to a few individuals. The Nigerian people deserve better – they deserve fair competition, better prices, and improved quality of goods and services.

Nigeria's economic landscape should be determined by open competition and market forces, not by entitlements and monopolistic control. It’s time for a new era of economic justice and fairness, where the interests of the many are prioritized over the privileges of the few.

Sincerely,
Malali.

Omooba77:
https://www.channelstv.com/2024/07/22/protest-nlc-ask-tinubu-to-invite-leader-address-citizens-grieviances/

Sonnobax15:

And to think that some fellows who also knee down and pray to the picture of a white man in the name of Jesus,are castigating her beats my total imagination....

Come on,what's the difference between you Catholics who pray and idolizes the image of madam Mary and what this girl is doing?

TemplarLandry:
Again, the emergence of this fact has demolished the rumor that Trump is racist.

Zxcvbnmghtr:
Who doesn't know that Kamala Harris is a place holder?!

nolamicautos:
She’s black, I support her. I will never support racial Trump who doesn’t care about immigrants like he forgot his grandfather and mother were both immigrants from Germany and Scotland.

sleek214:
Lol. Their problem just started. Who will get the ticket, definitely no Kamal Harris... If they don't give it to Kamala, the blacks with revolt with their votes..... But the major donors don't want Kamala.... Irrespective of who gets the ticket, it's a landslide victory for Donald Trump...

TechCapon:
I've been meaning to write this for some time but keep procrastinating. But something happened recently that made me decide to write this today, I'll keep it short and straight to the point.

A friend of mine met this slim, tall, pretty girl and they've been getting along real good. But the girl is always very active in church, and I mean very active. She goes to church almost every day. After work, it's straight to the church whether there's service or not she must find an excuse to go.

Omo, it was a big red flag for me but I didn't say anything to my guy even though he's complaining about it to me. She practically neglect her own life. This church has like 4 services and she attends all 4 and still hang around afterwards, and also follow the pastor and his family back to their house to help with chores.

She entered one chance vehicle one night after her pastor kept her busy in the church until almost midnight and she got robbed of everything and flung out of the speeding car. She treated the injuries for over two months and she stayed without a phone until my guy eventually bought her a phone. Not a dime from the pastor

They'll be together and immediately she receives a call from pastor she gets up like a robot and leaves no matter what. Her excuse is that she's a worker in the church so she can't abandon her role (are you the only worker in that church??)

On her WhatsApp status, it's always pastor pastor pastor , never has she posted her guy's face on her status

She's always broke, not even a dime in her name and I'm pretty sure where all her salary is going... Church. She'll collect money from my guy to fulfill her pledge in church and goes back to being broke. It was so bad, I can keep going on and on.

Recently my guy jokingly told her about marriage and guess what she said, that he would follow her to her pastor, he's the one who will tell her if she should go ahead with the marriage or not. Omo e off me

She said because she doesn't want to make a mistake and marry wrong person and most people are in wrong marriage because they didn't consult their spiritual fathers blah blah blah

I laughed at my guy and told him point blank to dump her as$$ because even if pastor managed to approve, they'll give him conditions and still force him to join the church and the pastor will have a say in every aspect of the marriage. Her father is alive and she doesn't mention him at all, it's only pastor that makes all the decisions. It's a big turn off.

I've made up my mind that I'll scrutinize any girl I want to marry very well and see if she has this bad trait in her before I proceed.

Zonefree:
Soyinka wants to export his iberiberism to the outside world. The old fool is yet to speak against the hunger Tinubu and APC have plunged Nigerians into. Useless old man! A fool at 90!

Lighthouse7:
Its just envy. Nigerians tend to dominate

BlindAngel:
Good afternoon Nairalanders, my wife gave birth last week which was Saturday July 13th, that day was also my birthday, she gave birth through CS, this is our first child, and it's a boy.


This week Saturday is our baby's naming ceremony but my wife is insisting that her pastor must be the one officiate the naming the child, we've been disagreeing over this for some couple of days now,

she has called me all sorts of names, insulted me that I'm a very wicked man that I have no conscience, that after she pain and tearing she went through and still going through, I can't make this as a sacrifice for her, that I choose my family over her. She said so because my family also insist too that the naming must be done by our pastor.

But she's keying on the fact that she won't agree for the naming to be done in my church that it must be done by her pastor, she has cried and insulted me regarding this. Yesterday when we were arguing about this same particular issue she starting crying endlessly and calling me a wicked man.

I have finally agreed for her to use her pastor to do the naming, although I don't know her pastor and haven't seen him before, but I only agreed because of the CS operation she did while giving birth, her endless crying might affect her, if not there's absolutely no way possible I'd have agreed.

I must say that she doesn't know the repercussions of what sha has done by challenging my authority and always wanting to have her way with tears all the time. But time sha tell, I'm in so much rage right now, and I'm trying my possible best to control myself and not to loose my anger over this.

fergie001:
The annual policy meeting is held to authorise the commencement of admission into tertiary institutions in the country and adopt certain admission benchmarks.

The meeting is chaired by the Education Minister, Professor Tahir Mamman
/
Why the rush to university? Parents choose courses for their children just to satisfy their ego and they end up graduating as quacks or worse, not interested in their discipline. It is not as if there are many jobs waiting for them on graduation.
/






Deborah Tolu-Kolawole



JAMB had in 2017 introduced the Central Admissions Processing System where all tertiary institutions upload the admission status of candidates offered admission in the institutions.

CAPS has centralised and automated admission processes between candidates and their chosen tertiary institutions.

Almiron:
Where are those "it was staged crew" I guess this is part of the script too, they staged his death and instructed his wife not to pick President Biden's call.

I think she should have picked the call, albeit she already said she didn't blame him for her husband's death cos obviously he has nothing to do with it. She should pick the call and accept the Old man's condolences.

All of us go die one day!!!
Till then we move....

Thundafireseun:
Get Rich or die trying

Nigerians are still the smartest people on earth

Before you come for me nah AKON talk am ooo