When you hear the name Dangote, what comes to mind? Cement. Sugar. Salt. Flour. Pasta. Virtually every corner of Nigeria’s economy carries the mark of Africa’s richest man. But behind the towering wealth and the global accolades lies a pressing question: is Dangote truly building Nigeria, or simply building himself at Nigeria’s expense?…….CONTINUE FULL READING>>>>>
The Rise of a Giant
Aliko Dangote built his empire from trading in commodities before moving into manufacturing. Today, he sits atop a conglomerate that dominates cement, food, and soon, oil and gas. His wealth is a symbol of Nigerian potential on the global stage — proof that Africa can produce business icons who rival Western tycoons.
The Hero’s Narrative
Supporters argue that Dangote has created thousands of jobs, built industries where none existed, and reduced Nigeria’s reliance on imports. His refinery, they say, will finally free Nigeria from decades of fuel dependency. To many, he is a national hero.
The Villain’s Case
But critics paint another picture. They accuse Dangote of building monopolies, using state connections to crush competition and secure favorable policies. His cement prices, for example, remain higher in Nigeria than in neighboring countries — raising the suspicion that his empire thrives more on control than on competition. Some argue that while he prospers, ordinary Nigerians continue to pay the price.
The Big Question
So, what is Dangote really? A visionary industrialist saving Nigeria from economic collapse — or a cunning monopolist enriching himself while the nation struggles?…….CONTINUE FULL READING>>>>>
