Aliko Dangote, says Nigeria’s economic reality is being exaggerated and is not as bad as it is being portrayed.
Dangote said this while speaking at the Economist Forum in Lagos, yesterday March 7th. Dangote said while some businesses faced serious challenges, others did not.
“It all depends on the business. I think people are underrating the economy of Nigeria. They just go and look at foreign exchange because oil has gone down and believe that everything has gone out of the window. That is not correct”.
He said despite what is being described as an economic crisis in Nigeria, his company, Dangote Cement, recorded 47 per cent
growth in January and February.