In an interview with CNBC on the sidelines
of the World Economic Forum (WEF) going on in Davos, Africa’s richest
man, Aliko Dangote has said that he plans to grow the Dangote Group to a
$100 billion dollar company, adding that he still has plans to buy
English football club, Arsenal.
“I will but right now I have to
focus on the projects that I have which are almost $18 bn, then I’ll
concentrate and face Arsenal,” Dangote said.
Speaking on the
impact of the depreciation of the Naira on the Dangote group, Dangote
said: “There’s an impact but business is always ups and downs. We are in
Africa for the long term, not only in Nigeria. If you’re in Africa or
Nigeria for the short term then you shouldn’t be there. We are in it for
the long term and I believe we’ll get out of the woods very soon.”
He also spoke on the Niger Delta Crisis and the power situation in the country.
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