Mr Atedo Peterside have revealed that only Dangote is allowed to move goods across Nigeria's southern border, even though the borders are closed to other companies.
Mr Peterside, who is the founder of Stanbic IBTC Bank Plc, revealed this on Tuesday, explaining that legitimate exporters and importers should be allowed to move their goods across the borders.
"Allowing legitimate exporters and importers to move their goods across the border should be a no-brainer.
"Why refuse everybody else and allow only one company (Dangote)?
"This is why some of us argue that the Nigerian economy is rigged in favour of a handful of well-connected persons," he said on his Twitter handle.
The value of the nation’s non-oil exports declined by 11.1 per cent to $320m in August on the back of the border closure, according to the Central Bank of Nigeria.