All my houses are in Nigeria, I have none abroad-Aliko Dangote

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Africa’s richest man, Aliko Dangote, has declared that he has no personal house outside Nigeria.

The business mogul said this at the 2019 Mo Ibrahim Forum. Dangote hinted that he avoids luxury things “because they distract and take time”.

He said: “I don’t have any holiday home anywhere. I don’t have a house anywhere but I know people who are working for me…they have houses in London.”

He continued that “But you see, a lot of people, even the younger ones, we need to be very careful because one of biggest issues with us as Africans is that we spend our projected incomes.’’

“Once you start doing business [and] it starts doing well, but rather than for you to invest more in the business, you start spending thinking that profit will continue to come’’ he averred.

“There are ups and downs in business so you need to be very focused.”

Asked of his opinion on areas young entrepreneurs should invest in, Dangote replied: “The sectors to focus on now are ICT and agriculture. These are the 2 promising sectors.”

 

Source: BestNewsGH.com

 


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Kennedy Mornah is an Award Winning Ghanaian Journalist with over two decades of experience in the Ghanaian Media landscape spanning the electronic, print and digital media. He is a Media Consultant, a Corporate MC, Radio and TV Host, Founder and Publisher of the Maritime and Transport Digest Newspaper, Businessman, a Go getter and an optimist. He has worked for renowned media organizations including Diamond Fm in Tamale, Luv Fm in Kumasi, Oman Fm in Accra and Starr Fm in Accra In 2017 he received the Reporter of the Year Award at the Ghana Shippers Awards in Accra, Ghana.

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