Looking at how wicked Nigerians are, you will realize that it's not only politicians that are our problem but different individuals at different levels.
Like I said, I did not believe it myself. I have checked and triple checked to be sure I’m not going insane. But it is real and it is happening in broad daylight (where the craziest things happen in Nigeria)
Why do Nigerian urea producers, benefiting from subsidized gas meant to ensure food security, charge farmers higher prices than export or global rates, exploiting a captive market while regulators stand by?
This is a clear betrayal of the people and the country whereby subsidies are hijacked by gatekeepers extracting rent from the very people they should uplift.
This articles confirms that most Nigerian industrialist are proper Rent-Seekers as you have previously mentioned. Profiting at the expense of poor regulations and corruptions, without any innovative thinking or invention. The funny thing is how they all come outside to brag about their "Smartness".
This is digging deep, I really appreciate this, it's deeper than the shallow political scenes they keep feeding us.
Please keep educating us, we want change but we don't even know these things.
So Notore, Indorama and Dangote get their feedstock (and primary ingredient?) at a highly subsidised rate and sell to Nigerians at rip-off prices...
Nigeria is really a Gangstaz Paradise!!!
Looking at how wicked Nigerians are, you will realize that it's not only politicians that are our problem but different individuals at different levels.
We need serious prayer walahi.
As I read through the article, my expression went from "wait" to "how?" to "why?"
That this is happening at a time of literal famine is incredible.
This is actually unbelievable.
How is this allowed to continue with the amount of food insecurity we are facing.
Like I said, I did not believe it myself. I have checked and triple checked to be sure I’m not going insane. But it is real and it is happening in broad daylight (where the craziest things happen in Nigeria)
The best use case for Nigeria as it is today is that it exists as the prime example of how not to run a country .
I am speechless
Why? Why?! Why?!?
Why do Nigerian urea producers, benefiting from subsidized gas meant to ensure food security, charge farmers higher prices than export or global rates, exploiting a captive market while regulators stand by?
This is a clear betrayal of the people and the country whereby subsidies are hijacked by gatekeepers extracting rent from the very people they should uplift.
Micro opportunities that are macro stunting
This articles confirms that most Nigerian industrialist are proper Rent-Seekers as you have previously mentioned. Profiting at the expense of poor regulations and corruptions, without any innovative thinking or invention. The funny thing is how they all come outside to brag about their "Smartness".