The saga between Dangote Industries, NNPCL, and NMDPRA is nearing resolution, revealing the complexities in Nigeria. Here are five key lessons:
1. Beyond Money Lies Influence: In the Game of Thrones, Petyr Baelish tells Cersei, “Knowledge is power.โ Cersei’s response, commanding her guards to “cut his throat” and then release him, shows true power lies in control. Similarly, Dangoteโs $13 billion wealth couldnโt shield him from political power delaying his refinery project. Influence and political power hold control.
2. Money Alone Can’t Buy Everything: Despite vast resources, Dangote faced setbacks, with refinery launch dates shifting since 2021. Financial muscle alone doesnโt guarantee success; bureaucratic hurdles and external pressures can disrupt well-funded plans.
3. Perception is Power: Dangote is seen as both a philanthropist and a capitalist. He skillfully shapes public opinion, a strategy used by figures like Donald Trump and President Buhari, showing how framing oneself can be powerful.
4. The Underdog Narrative Resonates: Dangote crafted a David vs. Goliath narrative, positioning himself against “oil mafias.” This garnered public sympathy and media support, ultimately forcing government intervention.
5. Beware of the Grass When Elephants Fight: NMDPRA CEO Farouk Ahmedโs interview criticizing Dangote backfired. Likely following orders, he now faces consequences, illustrating the Nigerian proverb: “When two elephants fight, it is the grass that suffers.”
These lessons highlight the complexities of power, influence, and public perception in Nigeria. Understanding these dynamics is crucial for navigating the nationโs future.
What did you learn from the Dangote saga?
