Dangote Calls Off Plan To Invest In Steel, Discouraged By The Government And Cabal - Uju Ayalogu's Blog for News, Reviews, Articles and More

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Monday 22 July 2024

Dangote Calls Off Plan To Invest In Steel, Discouraged By The Government And Cabal

Dangote Calls Off Plan To Invest In Steel, Discouraged By The Government And Cabal


This comes after the government accused him of seeking to become a monopoly with his new refinery in the West African nation.


Aliko Dangote, the richest man in Africa has shelved plans to invest in a new steel plant in Nigeria.

 

This comes after the government accused him of seeking to become a monopoly with his new refinery in the West African nation.

 

"Let others that have more money than us go and bring their money from Dubai and invest in their fatherland."

 

“Our own board has decided that we should not have the steel plant. If we do, we will be called all sorts of names,” Dangote said at a media briefing Saturday at the refinery in Lagos, Nigeria’s commercial hub.

Watch Video https://youtu.be/atcaYPZyVkY


READ ALSO: BREAKING: Aliko Dangote Offers to Sell Oil Refinery to Federal Government-Owned NNPC Amid Unresolved Differences


Source: ToriNews


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