Dangote Refinery [PHOTO CREDIT: arise.tv]There are moments in the life of a nation when a business dispute stops being merely a business dispute. It becomes a reflection of the deeper economic model a country has inherited.
There are moments when a lawsuit, a regulatory decision, an import licence, or a confrontation between powerful commercial interests reveals something much deeper about the structure of a country’s economic configuration.
Nigeria is now at such a moment.
The current battle surrounding the Dangote Refinery is not simply about petrol imports. It is not merely a disagreement between a private refinery, fuel marketers, regulators, or the Nigerian National Petroleum Company Limited (NNPCL).
It is a struggle over the future direction of Nigeria’s economy.
