Some Nigerians have more cash than I do – Dangote

Africa’s wealthiest man, Aliko Dangote, says there are some Nigerians with more financial strength compared to him.

Addressing House of Representatives members who toured his refinery in Lagos on Saturday, the billionaire said he was being unfairly accused of being a monopolist.

Dangote said labelling his group of companies as monopolistic is disheartening, adding that this made him back out of the plan to invest in the steel industry.

“Monopoly is when you stop people, you block them through legal means. No, it is a level playing field whereby whatever Dangote was given in cement, for example, other people were given because some of them even got more than us,” he said

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He, however, encouraged Nigerians to invest in the industry to help boost the country’s economy.

“Let other Nigerians go and do it. We are not the only Nigerians here. There are some Nigerians with more cash than us. People should bring that money from Dubai and other parts of the world and invest in our fatherland,” the billionaire said.