Tag: Atedo Peterside

P&G: ‘Investors conscious of rule of law running away from Nigeria’ – Atedo Peterside

Aminu Imam

Founder of StanbicIBTC bank, Atedo Peterside, has noted that investors who value rule of law have been running away from Nigeria. Peterside and Anap Foundation, made this assertion in a statement via his X handle on Thursday, in reaction to the exit of P&G, which became the latest foreign company to leave the country. According to him, businesses that value rule of law, policy consistency, macroeconomic stability, and a level playing field would continue to depart from Nigeria. He added that only investors who know how to “partner” with politicians would stay.…

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‘Nigeria’s economy rigged into the hands of a handful of people’ — Atedo Peterside

Aminu Imam

Founder of StanbicIBTC Bank, Atedo Peterside, has bemoaned the state of the nation’s economy, claiming that over time, the country’s economy has been rigged into the hands of a few individuals, who manage and determine its outflow to the common man. Atedo, who was the ‘Chairman of the Occasion’ at the ‘Vanguard Economic Discourse, yesterday, noted that while other countries continue to grow, Nigeria’s economy remained stagnant. He said: “We need to sort out many things. As long as we allow a handful of people to rig the economy to…

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Dangote waiver: Nigeria rigged in favour of the well-connected – Atedo Peterside

Aminu Imam

Says land borders should be open to all legitimate exporters   Economist and entrepreneur, chas criticised the Nigerian government’s decision to exempt Dangote Industries Limited from its land border closure, calling the move “rigged in favour of a handful of well-connected persons.”. Atedo Peterside reaction came after the news of federal government reportedly granted Dangote Cement a waiver to export cement through the closed land borders. Peterside, who is the president and founder of Anap Foundation and the founder of Stanbic IBTC Bank, wrote in a tweet that stated that the…

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