Dangote Group promoted by Alhaji Aliko Dangote, Nigerian self-made business magnate is now worth $21 billion, up from $4 million a couple of years ago when it was incorporated and the multibillionaire is happy about it.
Aliko Dangote, the richest man in Africa and 25th richest man on earth said that he owes his successes to President Goodluck Jonathan’s favourable administration policies. He spoke in Nairobi, Kenya after a meeting with President Jonathan.
The business mogul, basking in the euphoria of his signing of a deal to build a refinery in Nigeria, Dangote gave kudos to the reforms carried out by the federal government in the banking sector, saying this had made it possible for Nigerian banks to be stable and strong and for investors to access huge fund locally at reasonable interest rates to implement projects.
“In December 2003, our production of cement was 1.8 million tons, but today in Nigeria, we have 28.5 million tons and by next year, we are going to have 39 million tons. You can actually see the massive work and dramatic turn of event. I want to tell you what the President has been doing in Nigeria. He is very humble and may not want to sing about what he has been doing.
“I will tell you what he has been doing to Nigerians and to some of us who are in business in Nigeria. We are very grateful for some of the policies he has introduced. As you all know, without the good policies of government, there is no way a person like me from the big town like Kano can find himself to be the 25th richest person on earth.
“Without the policies of Mr President and also making sure that yes, there is consistency in the policies of government, this could not actually have happened. If government has bad policies, the whole economy will crumble and if they have good policies, people will be able to prosper. That is what it is now.”