@toby90560793@ruffydfire Dear @ruffydfire,
Why do you have so many haters on this platform. Some of the haters seem to display lots of Limited intelligence. Biko wetin concern direction of the naira and Trump?
How To Stop The Protest.
1. President to address journalists in a round table. In the panel should be journalists critiquing the president like @ruffydfire@channelstv
2. President to announce an immediate slashing of ministers by half (even if na wash)....
3. President to remove ALL restrictions to Dangote getting crude oil. I am not talking about political announcement without action. If Dangote stats selling at low price, price of goods and services will gradually clumb down...
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 “simply import it” 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 ‘compete’ 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 — 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
@OmniRichest @EmekaGift100 It looks like you have collected something to make this video. Nigerian police came from Ikeja, just to foil a kidnapping abi?
@ruffydfire Finally, sack the class rep and vote another. Then write to the HOD and Dean, and politely introduce the new class rep. Once again, this only works if the entire class is onboard, at least 80-90%.
@ruffydfire Everybody in the class should decide NOT to pay. If one person pays then he betrays the larger group. Pay a courtesy visit to the Dean of the department and escalate. If the Dean does nothing, hint (through one of his "spies" that a courtesy visit to the VC is being planned).
A world war is coming.
A war that will be fought primarily using the levers of information and communication.
Sub-Saharan Africa is the only civilisation on the planet that doesn't seem to get it yet.
I am worried for us.