Dangote is calling off plans to invest in a new steel plant in Nigeria after the government accused him of seeking to become a monopoly with his new refinery in the West African nation.
Dangote said, “let others that have more money than us go and bring their money from Dubai and invest in their fatherland.”
“Our own board has decided that we should not have the steel plant. If we do, we will be called all sorts of names,” Dangote said at a media briefing Saturday at the refinery in Lagos, Nigeria’s commercial hub.
https://www.youtube.com/watch?v=atcaYPZyVkY
*Dangote to Scrap Steel Investment Over Allegations of Monopoly
*Africa’s richest man disputes government’s monopoly claims
*Targets gasoline production in August and 10 ppm dieselAliko Dangote, Africa’s richest man, is calling off plans to invest in a new steel plant in Nigeria after the government accused him of seeking to become a monopoly with his new refinery in the West African nation.
“Our own board has decided that we should not have the steel plant. If we do, we will be called all sorts of names,” Dangote said at a media briefing Saturday at the refinery in Lagos, Nigeria’s commercial hub
