Aliko Dangote reveals why he doesn’t have a house in London.

Aliko Dangote reveals that the reason he doesn’t have a house abroad is because of his passion for industrialization in Nigeria.

He said having a house abroad will be a distraction to him from making Nigeria a place for industrialization.

He made these claims while speaking to reporters at the Dangote Petroleum Refinery, Ibeju-Lekki area of Lagos State.

He said, “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.”

Fatima Dangote, the Group Executive Director, Commercial Operations, also praised her father for his diligence and perseverance in always trying to achieve the Nigerian dream.

Fatima said, “I have not seen anyone as hardworking as my father. Sometimes I wonder how he never gives up.

“I wish we had a few more men like my father in Nigeria. The country will be a better place.”

He also disclosed that his refinery now has over 7.2 per cent stake in the Nigerian National Petroleum Corporation.

He also clarified that the figure decreased from the initial 20 per cent, saying, “NNPC no longer owns a 20% stake in the Dangote refinery. They were met to pay their balance in June but have yet to fulfil the obligations. Now, they only own a 7.2% stake in the refinery.”


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