π¨π΄ BREAKING: Manchester United agree β¬21m plus add-ons deal with Royal Antwerp for Senne Lammens, here we go!
Agreement in place for Belgian GK to join #MUFC immediately, deal set to be sealed after medical.
Deal also included add-ons, as @David_Ornstein reports.
π¨ Ruben Amorim: "I'm going to take my coaching staff with me at Manchester United. They're absolutely key for me".
"We've been together since Casa Pia. It was one of the conditions".
π¨ Ruben Amorim on Gyokeres and Man United links for January: "I'm not going to come for any Sporting player in January".
"These years at Sporting have been the best years of my life and I won't forget that".
π΄ππ» Bruno Fernandes: βThanks for everything, boss! I appreciate the trust and the moments we share together, I wish you all the bestβ.
βEven knowing the last period hasnβt been great from all of us, I hope you fans can keep with you the good things Erik has done for our clubβ.
π¨π΄ CONFIRMED: Erik ten Hag has been sacked by Manchester United with immediate effect as exclusively revealed!
Ruud van Nistelrooy will replace ten Hah as interim manager, the decision has been made.
This whole issue on Dangote is shocking and creating bad waves for Nigeria globally. - Akinwunmi Adesina
Monopoly often exists where there are high barriers to entry or high capital costs.
How many individuals or companies can do railways? How many can do refineries of the scale of Dangote Refineries?
In a nation that has been importing refined petroleum products for several decades, the abnormal simply became very normal.
No smart investor would make a $19.5 billion investment and want it to be undermined by importers.
To manufacture is extremely expensive and risky. This is even more so in Nigeria, given the very challenging business and economic environment, fraught with policy uncertainties and policy reversals, and where the self-defeating default mode of βsimply import itβ is always so easily rationalized and chorused to solve any problem.
Competition is good for everyone. But is Dangote refineries anti-competitive? What is the evidence?
Has Dangote refineries prevented any other company from setting up refineries? Why have others not done so? How come they have not done so for several decades? Was it Dangote that held them back?
But Dangote refineries surely cannot be asked to βcompeteβ with importers of petroleum products.
That is not competition. Let the importers set up local refineries and compete by refining in Nigeria. That is fair and justified competition.
We cannot and must not undermine, disparage or kill local industries, talk less of one that is of this scale β a jewel of industrialisation in Nigeria.
It is more than simply delivering the cheapest product to the market. It is about domestic supply security, driving (and yes, protecting) globally competitive industries, maximizing forward and backward linkages in the local economy, job creation, reducing forex expenses and shoring up the Naira.
We must not be myopic.
This whole disparaging of Dangote is uncalled for. It is self-defeating. And it is very bad for Nigeria. Who will want to come and invest in a country that disparages and undermines its own largest investor?
Investing is tough. Pettiness is easy.
It sadly sends a signal that the price for sacrificing for Nigeria is to get sacrificed.
Akinwunmi Adesina
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