Aliko Dangote, Africaâs richest man, has revealed that he only has houses in Lagos and his home state, Kano.
The industrialist disclosed during a media parley held at the Dangote Petroleum Refinery in Ibeju-Lekki, Lagos state, on Sunday, July 14, 2024.
According to Dangote, the house he stays in whenever he is in Abuja is not his personal property.
Explaining his decision, Dangote noted that his commitment to Nigeriaâs industrialisation is the primary reason he does not own houses outside the country.
His words:
He shared that he once owned a house in London but sold it in 1996 to eliminate distractions and maintain his focus on his business ventures in Nigeria.
Aliko Dangote has led the table as the richest man in Africa for over ten years, and according to Forbes, he is currently worth $13.1 billion.
Despite his wealth, Dangote said:
TimesNow.com.ng previously reported that the Nigerian government, through the Nigeria Upstream Petroleum Regulatory Commission (NUPRC), agreed with oil producers to allow the sale of crude oil to local refineries at market prices.
The agreement will end a supply dispute between local refineries and oil producers, including international oil companies (IOCs).
The oil producers, under the aegis of the Oil Producers Trade Section (OPTS) of the Lagos Chamber of Commerce Industry (LCCI) at the behest of the NUPRC, agreed to yield to a scheme that would mutually benefit both parties and focus on ensuring that local refineries are not starved and ripped-off.
Proofreading by James Ojo Adakole, journalist and copy editor at TimesNow.com.ng.
Source: TimesNow.com.ng
