Africa’s richest man Aliko Dangote in a new video making the rounds on social media has disclosed to all and sundry why he does not have houses outside Nigeria despite all his wealth.
Dangote stated that his deep commitment to industrialization in Nigeria is the primary reason he does not have houses abroad.
Dangote noted that owning houses in London or the United States would distract him from his goal of making Nigeria a hallmark of industrialization.
The billionaire made this statement while speaking to journalists at the Dangote Petroleum Refinery in the Ibeju-Lekki area of Lagos State.
In his words; “The reason I don’t have a London or American house is solely because I wanted to focus on industrialisation in Nigeria.
“I figured that if I had those houses, there would be one reason or the other for me to visit those places, thereby causing distraction for me.
“I am very passionate about the Nigerian dream, and apart from my Lagos house, I have another one in my home state, Kano, and a rented one in Abuja.”
Watch the video below;
See reactions below;
omobaprince01: No let all these people whine you oo. Nobody lie reach rich man 😂😂😂.
chukaelvis: Oga you didn’t build anything for your people…none of you products are cheap in the Nigerian market … you’ve gained so much from the Nigerian economy and had given back a minute amount yet you glorify yourself ..Your wealth is for you and your household.
paydaeytoyourheart: Baba na the whole Nigeria you rent normally.
micheal_official13: Dangote Group of company owns a lot of estates and properties in Abuja but Aliko dangote doesn’t have any single house in abuja. He pays rent in Abuja.
azhorseazuwa: He has businesses abroad and factories ,those businesses have guest houses like dangote factories in cameroun.Dangote has offices in london who maintain staff housing ,what he said is he has no house tied to his name overseas as personal luxury.
lineoofficial: That’s correct! Many billionaires choose to purchase properties through trusts for privacy and asset protection reasons. Trusts allow them to maintain anonymity and provide a layer of security for their assets. It’s a common strategy among high-net-worth individuals to manage their wealth and properties effectively. 😂.
babs_kewi: He didn’t say he can not afford it, just by choice decided not to ve but he’s capable but he has more to focus on than the properties in the UK and America…. 🤔.