Connect with us

Politics

Why I’ll never join politics, by Dangote

Published

on

Low returns forces Dangote to sell noodles arm to Dufil Prima

In from Olumide Olaoluwa … .
Those hoping the richest African, Aliko Dangote will join politics should bury the thought.
The multi-billionaire on Tuesday said that he had no interest in actively participating in politics. His reason: business and politics should never be mixed.
The Chairman of Dangote Group made this known while speaking with newsmen during a condolence visit to the Awolowo family over the death of Mrs. Hannah Awolowo (HID) at the family’s residence in Ikenne-Remo, Ogun.
The business mogul said that the set of skills required to become successful in business differed from those of politics.
“I can’t be in politics because they say when you want to clap you need two hands.
“If all of us in business go into politics then who is going to create the jobs?
“We are in the private sector so we should be creating jobs. Government should be creating good policies and also ensuring that we are not taking advantage of the poor.

Read also: Dangote earns N16bn in 24 hours, as 400 world’s richest lose $182bn

“They are doing what they know how to do best and we are also doing what we know how to do best. Each is a master in its own terrain,” Dangote said.
He advised that Nigerians should not worry too much about fall in oil prices, saying that the economy would soon become stable through the austerity measures adopted by government.
“During the oil boom, when a barrel of oil sold above 100 dollars, there were too many leakages which the Federal Government is now trying to resolve by plugging them.
“When this is effectively achieved, I believe the economy will begin to regain its stability.
“However, we must begin to explore other avenues to wealth aside from crude oil, especially agriculture which we were formerly used to. We really should not be complaining.” he said.
Dangote called on the federal government to implement policies that would attract investors and enable manufacturing sector to thrive and fast-track economic growth.

RipplesNigeria …without borders, without fears

Join the conversation

Opinions

Support Ripples Nigeria, hold up solutions journalism

Balanced, fearless journalism driven by data comes at huge financial costs.

As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.

If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.

Donate Now

Investigations