I have been thinking and trying to analyze what is really causing the high cost of food in Nigeria, I came to realize that monopoly is the major factors, Nigeria government are the enablers. How can one person be the sole major distributor, government should welcome competition in the business sector, every business person should be allowed to produce.
Monopoly has more negative sides than positive ones, however, it also has positive ones. Let's start with the first ones. Monopoly means that the manufacturer or management has no competition, it means that the quality of services or products will probably not develop, because no one will be able to overtake you by providing a better service. The positive side is that if the monopoly is reasonable, then it allows you to create an order and a quality bar, but this is a rare phenomenon.