Saint Doe

An Aspiring African Generational Thinker+Doer

[Femi Ote$ @realFemiOtedola]

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

[𝗧𝗼𝘂𝗿 𝗱𝘂 𝗥𝘄𝗮𝗻𝗱𝗮 🇷🇼 @tour_du_Rwanda]

@MoMo_Rwanda will be sponsor of the best young african jersey of #TdRwanda2024.

We appreciate their commitment to walk with us and their alignment with our values.

We look forward to working with MTN MOMO and creating a successful and impactful event together.

#BivaMoMotima

[MTN Rwanda @MTNRwanda]

Here is to another year of #DoingGoodTogether 🥳🥂💛

Wishing you all a great year ahead!

[MTN Rwanda @MTNRwanda]

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[MTN Group @MTNGroup]

Q3 2023 | @MTNMoMoGroup active users increased by 0.7% YoY to 63.5 million. Our payments and e-commerce ecosystem grew strongly, with the value of merchant payments made through MoMo rising by nearly 50% to US$11.8 billion.
Read more: https://t.co/tIOcfCZ4oN
#DoingGoodTogether

[MTN Rwanda @MTNRwanda]

Urabizi ko ubu ushobora kugura bundle za interineti wakoresha ukwezi kose cyangwa ni byabindi byawe? 👀

Kanda *345*0# maze ujye muri gahunda.
#Tubitayeho #GahundaNiMTN4G

[MTN Rwanda @MTNRwanda]

🚨ARE YOU FRESH GRADUATE? Our applications for the Global Graduation Development program are open to fresh graduates aged between 18-26 years old looking to gain soft skills, data science, and digital skills. Scan the QR code to learn more and apply before 30th November.

#WhatAreWeDoingToday #Tubitayeho #GGP2024

[MTN Group @MTNGroup]

We’re @MWC Kigali this week! We will be showcasing #5G and other tech innovations that empower communities and the planet.

Our leadership teams will share how MTN contributes to the digital economy.

Learn more: https://t.co/aA9crbL4Zy
#MWC23 #DoingGoodTogether

[MTN Rwanda @MTNRwanda]

We are kicking off day 2⃣ of #MWC23 on a high note! MTN Rwanda and @GSMAAfrica signed the Letter of Intent to deliver digital literacy activities that will increase digital skills through the "WeCare" Campaign. Device affordability being a key barrier, #MacyeMacye will play an instrumental role in the partnership to promote digital inclusion.

#Tubitayeho #DoingGoodTogether

[MTN Rwanda @MTNRwanda]

"Our partnership with @BankofKigali enables us to let the unbanked start their journey of coming into the mainstream financial sector through @MoMo_Rwanda which makes it an easier process for them." @saintdoe #MWC2023

#DoingGoodTogether #MTNAt25

[Clapton Kibonge @claptonkibonge]

😂😂😂😂 @MTNRwanda

[MTN Rwanda @MTNRwanda]

The company recorded healthy free cashflows of RWF 41.9Bn for the period indicating sufficient funds available for re-investment into the business for further growth

[MTN Rwanda @MTNRwanda]

Dore uko #MTNBiz ikora, maze ubone bizinesi yawe ifata indi ntera, mu kanya nkako guhumbya, kandi bitaguhenze. Duhamagare kuri 3111 cyangwa ugane ishami ryacu rikwegereye tugufashe.

#TurageraKukiUyuMunsi #Tubitayeho

[MTN Rwanda @MTNRwanda]

MTN Rwanda is pleased to release its third-quarter results for the period ending 30th September 2023, reporting significant growth in various key performance indicators.

Read more on our website, https://t.co/hXiR2LTnFi.
#WhatAreWeDoingToday

[MTN Rwanda @MTNRwanda]

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[MTN Rwanda @MTNRwanda]

Exciting news! 🗣️You can now stream the #TraceAwardsandFestival happening live @bkarenarw on @TraceEastAfrica on Yello TV for free to new users. Click on this link to download the app: https://t.co/yZ8mE6o8BV & enjoy performances like you are there.
Don't miss out!
#Tubitayeho #TraceAwardsRwanda

[Presidency | Rwanda @UrugwiroVillage]

President Kagame attends the MTN Rwanda’s 25th anniversary celebration.

[MTN Rwanda @MTNRwanda]

#MWC23 Day 1⃣ Recap| Yesterday was jam-packed with insightful dialogues facilitated by MTN executive teams and other world leaders. Highlighting the need for digitalization of everything, showcasing the first-ever 5G live demonstration, and financing inclusive connection.
#Tubitayeho #DoingGoodTogether

[MTN Rwanda @MTNRwanda]

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#GahundNiMTN4G #MTNAt25 💛

[MTN Rwanda @MTNRwanda]

Sunday is for talking endlessly with your people for only 200 RWF with #Uburyohe. Dial *140*2# and enjoy the talk time that will have you forget adulting responsibilities🤭

#WhatAreWeDoingToday #Tubitayeho