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Nigeria's biggest oligopolies: Who are the real beneficiaries?


First came Sugar… then Cement… now, petroleum refining. The cycle of seeking protectionist Backward Integration Policies to protect a few players in limited industries keeps repeating itself. Only in this case, what should strengthen our collective economy is protecting a few big businesses and shutting out others, therefore holding Nigerians to ransom.
Let us say it as it is: We have seen this before, with all sorts of ventures in various sectors. One of Nigeria’s biggest businessmen sets out to enter a new industry in a big way. Government pulls out all the stops to support the actualization of that dream with several incentives because presumably, ....

Port Harcourt , Nigeria General , Abdul Samad Rabiu , Senate Committee , Dangote Group , Backward Integration Policies , Nigerian Sugar Industry , Backward Integration Policy , President Olusegun Obasanjo Led , Flour Mills , Savannah Sugar , Golden Sugar , Bundu Free Zone , Cement Industry , Dangote Cement , Nigerian Cement Industry , Backward Integration , Backwards Integration Policy , Dangote Refinery , போர்த் ஹர்கார்ட் , நைஜீரியா ஜநரல் , செனட் குழு , பின்தங்கிய ஒருங்கிணைப்பு பாலிஸீஸ் , நைஜீரியன் சர்க்கரை தொழில் , பின்தங்கிய ஒருங்கிணைப்பு பாலிஸீ , மாவு ஆலைகள் ,