Nigerian investors are yet to learn a vital lesson about investing in Nigeria. Nigerian officials as a matter of policy, whether rightly or wrongly, always give preference to White faces. If Dangote had gone into a quiet partnership with a White High School dropout from Money, Mississippi and named the refinery Mississippi Refinery, he would not be having any trouble getting all the Crude he needs for his operations. Tony Elumelu of Heirs Holdings made the same mistake when under the Buhari Administration, he tried to purchase an Oil Block asset from a multinational looking to exit the Nigerian market. Buhari blocked it. If only he had brought a White friend from Detroit, Michigan!
Nigeria is peculiar. All the same, we continue to hope for a better country. One day.
Staff Writer.
Egogonewshub.com
