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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, โ€œKnowledge is power.โ€ Cerseiโ€™s response, commanding her guards to โ€œcut his throatโ€ and then release him, shows true power lies in control. Similarly, Dangoteโ€™s $13 billion wealth couldnโ€™t shield him from political power delaying his refinery project. Influence and political power hold control.

 

2. Money Alone Canโ€™t Buy Everything: Despite vast resources, Dangote faced setbacks, with refinery launch dates shifting since 2021. Financial muscle alone doesnโ€™t 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 โ€œoil mafias.โ€ This garnered public sympathy and media support, ultimately forcing government intervention.

 

5. Beware of the Grass When Elephants Fight: NMDPRA CEO Farouk Ahmedโ€™s interview criticizing Dangote backfired. Likely following orders, he now faces consequences, illustrating the Nigerian proverb: โ€œWhen two elephants fight, it is the grass that suffers.โ€

 

These lessons highlight the complexities of power, influence, and public perception in Nigeria. Understanding these dynamics is crucial for navigating the nationโ€™s future.

 

What did you learn from the Dangote saga?

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