Aliko Dangote has called on Nigeria’s wealthy elite to redirect funds spent on luxury cars and private jets into building industries that create jobs.
Key Points
Dangote criticized the culture of lavish spending among Nigeria’s rich.
He urged using Rolls-Royce money to establish local industries instead.
The billionaire expressed concern over the number of private jets at Nigerian airports.
He highlighted Nigeria’s annual population growth of 7.8 million as a pressing concern.
Dangote called for more investment in power, infrastructure, and job creation.
He acknowledged high taxes but stressed the importance of civic responsibility.
The industrialist warned against over-reliance on foreign investment, advocating for sound domestic policies
In a nation where opulence and need exist side by side, Dangote’s challenge is clear: true wealth isn’t parked on a runway, it’s built in factories that employ the waiting many.
Sources: Nairametrics