In the 1980s and 1990s, travelling by road from Lagos to the eastern region of Nigeria required some passengers going to Ajegunle or Mile2, suburbs of Lagos to physically book for their tickets with transport giants like Ekele Dili Chukwu or Osondu Motors, transport companies that were dependable for interstate travel.
The companies enjoined the control in the road transport business, especially on the Lagos-Eastern corridor.
In the telecommunications sector, NITEL enjoyed monopoly, making some Nigerians think that telephone ownership was an exclusive privilege reserved for the wealthy and the nation’s elite.
In the retail market, Leventis and UTC were once two of Nigeria’s biggest retail chains. Daily Times also enjoined wider readership and dominated the newspaper industry. But today, some of these firms have either scaled down, are dominated by competition or have fizzled out.
The story of these companies resonates across Nigeria from Port Harcourt to Aba to
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