The name “Aliko Dangote” rings a bell and needs no much introduction where ever it is mentioned. The Nigerian billionaire and business mogul is as at present the richest man in Africa and one of the top 40 richest or wealthiest men in the world.
Dangote Group of companies is considered to be the largest conglomerate in the whole of West Aftica with over 30 thousand employees. Meanwhile, the United States of America has raised concerns over the the group’s business strategies, considering it to be disastrous to the Nigeria economy.
Recall in 2010 a report was published on Wikileak’s website, claiming that although Dangote plays a major role in the nation’s economy, many products on the country’s import ban list are items on which the group has a major interest.
The US government also warned that Dangote’s model would likely be the one most emulated until it’s beggar-thy-countrymen contradictions become more apparent.” Further blaming the company for blocking investment that the it sees as major competitors, thereafter, noting that the Dangote model is harmful to Nigeria and America interest in the long run.
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