Hundreds of Nigerians have reacted to the decision of President Muhammadu Buhari-led government to ban the importation of milk into Nigeria. Some of them claimed that the decision “is to give Alhaji Aliko Dangote and edge over others.”
Recalled that governor of Central Bank of Nigeria (CBN) Mr. Godwin Emefiele on July 23, 2019 announced the decision of the apex bank to ban importers of milk from accessing foreign exchange (forex) to bring the product into the country.
CBN’s announcement came barely a week after Africa’s richest man, Aliko Dangote revealed that he was ready to invest N288,000,000,000 ($800 million) in Dairy production in Nigeria. It’s part of Dangote’s diversification plans into the Nigerian Agricultural sector, reported venturesafrica.
But hundreds of Nigerians claimed that Dangote’s diversification announcement came a day after CBN made its pronouncement on banning milk importation.
“Dear NIGERIA Policy maker, until you Ban exportation of crude and start refining ours, that’s wen Nig economy will start making sense. Banning of FMCGs to make Dangote more richer isn’t the way. Take the bull by the Horn if you really want to reduce poverty,” Lanre tweeted.
I get really angry when people talk about government's patronage of innoson motors as support to this multi billion dollars investment.
There is no amount of patronage that can match a single favourable government policy.
What is good for Dangote is good for innoson.
— OGBUAGU (@tonymourinho) July 28, 2019
Don't you all see it ? Dangote is not really Dangote..that's why when Mariam Abacha said "even though she gets broke she cannot be as broke as Dangote". She wasn't talking to one person. Its a name for a group of people who run this country wealth. What better way to do it?..
— ⏫UP@ndCOMING (@OsasBenjizee) July 28, 2019
Has FG banned the importation of cars? Patronage is different from granting a man monopoly of s certain basic commodity. If FG had allowed other cement produces at the beginning of this century and only bought cements from Dangote, I bet he'd have been out of business by now.
— Don Waga (@DonWaga1) July 28, 2019
You are only looking at it from the angle of an oppressed mass, I'm merely saying the guy is good a business man to be able to make such move… if you were in his position, wont you want to make more profit… and I'm not saying Dangote is holy man…get my point
— MOH (@Gbolaplay6) July 28, 2019
Twitter reactions trail Dangote's planned milk production business as CBN moves to ban importation https://t.co/K7LAjkQWQi#wuzupnaija#wuzupnigeria#Twitter#Dangote#CBNhttps://t.co/56s3WJkmsL pic.twitter.com/LOYvCfiP1K
— Wuzup Naija (@WuzupNaija) July 28, 2019
When Dangote says ‘just like they did with cement’, you should understand that such a policy will produce a ‘milk billionaire’ and we will still have millions of calcium deficient children across the country. You get what you write your policy for.
— Feyi Fawehinmi
— Juste Moi (@saintnosiyke) July 28, 2019
Just imagine how many more jobs would have been created if Ibeto cement wasn't stifled by FG to create sole platform for Dangote. Think of how many more businesses will die because FG wants to restrict a certain commodity to the hands of one man.
Use your head.
— Don Waga (@DonWaga1) July 28, 2019
You just contradicted yourself! No one will, but Dangote did. No one will, but even the Milk Value Chain you’re over here yapping about already is attracting FDI. No one will, no one will. My poor self have convinced a few people to put funds to play in livestock. No one will ? pic.twitter.com/5kUSWTpKxe
— TMZ (@busanga) July 28, 2019
Yes I am an Economist no hate here, they used the word "forex restriction" but in real sense its "ban" just like I said earlier Dangote has govt backing in everything & anything he decides to venture on is "restricted/banned
— Chi Ewuzie (@EwuzieChi) July 28, 2019
I blame the govt and not him. Govt is supposed to provide a level playing field. Our business environment is like a shark infested water largely due to poor govt policies. That is not on Dangote.
— bigBaDwolF (@theofficialFEMI) July 28, 2019
Any relationship between Dangote and this press release.
1. His our man planning to go into dairy farming?
2. If "Yes" does it mean Nigerians need to suffer for the sake of one man?
3. Hmmmmm pic.twitter.com/k5nd4NiC0u
— P Ozilian (@ozilli) July 28, 2019
The process of an Elite building businesses helps build up the middle-class.
This happens via transfer of financial and technical capital to the lower-classes through Education and Wages.
Is the Northern Elite dodging this by just giving capital and monopoly power to Dangote?
— Gene Grey (@EuginhoCortez) July 28, 2019
Hey no need for insult, lets end it here, in two years time, if i dont see Dangote milk in the market, hope you will have the moral right to apologies, I promise to do the same if it turn out to be truth since you cant provide me with your link to the story. bye.
— Abdul. (@tweetabdulahi) July 28, 2019
Just heard Dangote is planning on going into milk production, so direct your questions to him,I think he would be in a better position to answer your questions.
The problem with so called intellectuals is that they only see problems,not solutions.
— Oma (@ukejeihuoma) July 28, 2019