In case the news flew under the radar, I'm gonna amplify it here.

Dangote's proposal for banning refined petroleum importation includes a proposal that in the event that local refining doesn't satisfy consumption, he should also get the SOLE LICENSE to import petrol to Nigeria.
I repeat, while speaking to members of the National Assembly who came to visit Dangote Refinery on February 28, the company proposed that petrol import licenses should only be given to "licensed and active" refinery operators in Nigeria.

We know who that refers to.
In other words, in addition to being a government-backed monopoly making the world's most expensive cement at 45% profit per bag - more than twice that of the next most profitable cement maker on earth - Aliko Dangote also wants to become NNPC.

Nigerians must never allow this.
People often mistake Dangote Group for merely a monopoly born out of being better than all competitors, like Amazon or Google.

Those are in fact, relatively benign monopolies which have economic benefits. Dangote Group is NOT a benign monopoly - it is an economic parasite.
Nigeria would be significantly better off WITHOUT a Dangote Group than with one.

Its modus operandi is to leverage longstanding political connections to take entire sectors of Nigeria's economy captive at literal gunpoint using state power.

Nigeria does NOT exist for Dangote.
If Nigerians do not immediately shout down this attempt to kidnap their entire country's energy market and gift wrap it to a robber baron, they can be sure that he will do it again with a different sector.

How about a Dangote telecom with sole license to operate in Nigeria?
Or a Dangote digital satellite TV provider that pushes out everyone else via government fiat?

Dangote Motors maybe, with sole license to manufacture or import vehicles to Nigeria? (That's already in the pipeline)

Or Dangote Food, with exclusive license to import food products?
Where does it end? Does Nigeria exist for the sole purpose of enriching Aliko Dangote and his political backers?

Nigerians will have to answer that question by themselves. If they let this proposal get to the point of being debated in the House, then clearly the answer is yes.

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More from @DavidHundeyin

14 Mar
In September 2019, 21 year-old Itunu, a trader based in Bondoukou, Cote d'Ivoire traveled to Nigeria to visit her sick mom in Ibadan.

Unknown to her, her return to Cote d'Ivoire would mark the start of a harrowing ordeal in a notorious Ivorian prison, which is still ongoing.
Shortly before Itunu was due to travel, her flat was burgled and items worth more than N300,000 were stolen including her TV and gas cooker.

Despite the blow, she decided to travel anyway after reporting the incident to the police. She returned from her trip in October 2019.
Upon returning, she was informed by a lodger she left in her flat that the thief had been identified.

The thief turned out to be a 14 year-old boy who lived nearby. His embarrassed dad apologised and admitted that his son was a habitual thief. The items had already been sold.
Read 19 tweets
14 Mar
By law, all land in Nigeria belongs to the government, which is why you have a Certificate of Occupancy (not ownership).

The house my folks built in Ogudu GRA in 1992 has a 99-year land lease meaning that in 2091, its ownership will revert to the Lagos State Govt.
The governor has sole prerogative to determine whether to extend the land lease or not when it expires, meaning that if he/she likes, they can take your family home/land away if they don't like your face.

The LUA effectively makes a governor a feudal lord ruling over tenants.
Several governors have used these powers to destroy property or withhold land lease renewals for people they don't like.

Governor Nasir El-Rufai of Kaduna State is well known for being one of the worst offenders in the country.

Keep this in mind for the next few tweets.
Read 8 tweets
14 Mar
@oloye__ If I had the ability to control the National and state houses of assembly for 2 weeks, doubling or tripling Nigeria's GDP would be the outcome through near-total decentralisation.

1. Decentralise electricity (Let people build and operate their own power grids)
@oloye__ Decentralise law enforcement and tax collection (reduce the scope of FIRS and leave states to asses and levy most taxes; scrap the NPF and replace it with a uniform nationwide standard for state police/militia

3. Remove 80% of the Federal exclusive list
@oloye__ 3 (continued): Provide a uniform nationwide standard for states, individuals and corporates to build and operate their own roads and railways.

4. Scrap import and export licensing regimes so that a sector can have 1 million competing entrepreneurs instead of 1 Dangote.
Read 4 tweets
13 Mar
Nobody in Nigeria lives more than 15 minutes away from somewhere that looks like this.

Yet people like this who *maybe* live 28 minutes from here think that class identity in Nigeria is valid. They think I'm "pandering."

*14 minutes from here
You people clearly did not use that high school you keep crowing about to learn basic economics, geography and civics.

You come here everyday and show how empty and bereft of original thoughts you are, completely unprovoked.

So fucking SHALLOW😶
Read 4 tweets
13 Mar
Kindly dead this stupid narrative that some people are the "heroes" of the protest and are beyond reproach.

Did they do more than those of us who got beaten and teargassed? Did they do more than the people who died at Lekki Toll Gate?

All of us are heroes, so dead that noise.
The day we got beaten up in Abuja, the police slashed people's car tires and even cut people's brake fluid lines so that people driving away from the protest would have accidents and die.

That happened to Aisha Yesufu I know for a fact.

Una "heroes" do pass that one?

This is how people incrementally rewrite history so that later you will think that #EndSARS was Femco's idea or something.

Already people have forgotten that the protest actually started in Delta, not Lagos and that it was Rinu and co who kick started Lagos in earnest.
Read 4 tweets
12 Mar
Funny how almost all of those babes claim to be kinikan "PR and Branding expert" but it never occurred to any of them that a simple statement saying "Yes, we withdrew xyz on March 5 to support xyz as part of our post-End SARS strategy and we pledge to bla bla bla" would suffice.
Instead na to begin dey sew shalaye about bitcoin transaction confirmation taking 4 months, because you think you're talking to those yellow circle malus that worship you and hang on your every word.

Awon olodo.
The key to frying dodo is to do it on low heat. If you make the oil too hot and pour the plantain inside like that, the exterior of the dodo will burn and the interior will still be raw.

Learn how to fry dodo properly. You lot are amateurs.
Read 4 tweets

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