Dangote: I am not interested in buying Nigeria's assets
– Africa’s richest man, Alhaji Aliko Dangote has dismissed insinuations that he wants to buy Nigeria’s assets
– Dangote made the clarification following rumours that he is interested in the assets
– He had earlier called for the federal government to sell some national assets
Alhaji Aliko Dangote has dismissed insinuations that his advocacy for the sale of Nigeria’s assets was because he is interested in buying them.
Dangote, who spoke in an exclusive interview with Thisday, stated that if the Nigeria Liquefied Natural Gas (NLNG) company or any other national asset was offered to him, even on credit, he would not buy them.
He said his advise to the government to sell some of its interest in the national assets was to help boost the economy as well as to stabilise the naira exchange rate.
He said he gave the advice because he is a true Nigerian who really wants the issues about the economy to be sorted out.
These are what he said: “You know the issue, once your reserves are low, the banks, entrepreneurs, including external forces, would definitely attack your currency. They would speculate on your currency.
“We all know that the exchange rate of almost N500 to the dollar is not a true reflection of the value of the currency – the naira cannot be almost N500 to the dollar!
– Dangote made the clarification following rumours that he is interested in the assets
– He had earlier called for the federal government to sell some national assets
Alhaji Aliko Dangote has dismissed insinuations that his advocacy for the sale of Nigeria’s assets was because he is interested in buying them.
Dangote, who spoke in an exclusive interview with Thisday, stated that if the Nigeria Liquefied Natural Gas (NLNG) company or any other national asset was offered to him, even on credit, he would not buy them.
He said his advise to the government to sell some of its interest in the national assets was to help boost the economy as well as to stabilise the naira exchange rate.
He said he gave the advice because he is a true Nigerian who really wants the issues about the economy to be sorted out.
These are what he said: “You know the issue, once your reserves are low, the banks, entrepreneurs, including external forces, would definitely attack your currency. They would speculate on your currency.
“We all know that the exchange rate of almost N500 to the dollar is not a true reflection of the value of the currency – the naira cannot be almost N500 to the dollar!
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