Dangote Has Revealed Why He Has No Personal House Outside Nigeria (Watch Video)

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    Africa’s richest man, Aliko Dangote, has revealed that he has no personal house outside Nigeria.

    The billionaire stated this at the 2019 Mo Ibrahim Forum.

    Dangote hinted that he avoids luxury things “because they distract and take time”.

    Dangote said:

    “I don’t have any holiday home anywhere. I don’t have a house anywhere but I know people who are working for me…they have houses in London.”

    “But you see, a lot of people, even the younger ones, we need to be very careful because one of biggest issues with us as Africans is that we spend our projected incomes.

    “Once you start doing business [and] it starts doing well, but rather than for you to invest more in the business, you start spending thinking that profit will continue to come.

    “There are ups and downs in business so you need to be very focused.”

    Asked of his opinion on areas young entrepreneurs should invest in, Dangote replied:

    “The sectors to focus on now are ICT and agriculture. These are the 2 promising sectors.”

    Watch interveiw below:

    My opinion from what I have heard Dangote say in the interview is that, the truth is what he has said. The money you waste on luxury life like having a house outside the country while your family and business is in Nigeria…. One can invest/promote his/her own business with such money and for sure, the outcome will be so awesome. Well, one of the richest men of Africa has hit the point so simple. Lets learn from that. Thanks!

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