With a new government in power, the business magnate is betting on his huge refinery and agriculture projects taking off. Meanwhile, Dangote Cement continues an expansion plan that has left others scrambling to catch up.
Billionaire businessman Aliko Dangote got one important piece of advice from Sanusi Dantata, his wealthy maternal grandfather: “No matter what you do, you must always respect the authority of the day. Do not fight government. You must be an obedient person.”
Since he started business in the late 1970s, Dangote has taken this very seriously.
Critics argue that he has depended unfairly on exploiting his government connections to secure lucrative concessions and undermine competitors.