NIGERIA IS THE WORLD'S BEST SECRET
The President, Dangote Group, Alhaji Aliko Dangote has said that Nigeria is the world's best kept secret in investment terms. Dangote stated this during an exclusive interview with CNN, recently.
"I'm feeling fulfilled that at least you are doing something great for your country." he said during the programme that was aired live on CNN's new series i-List. "Nigeria is really the best place to invest. It is one of the best places to make money. You know all over the world it is the best kept secret actually in terms of investment."
Dangote told CNN he was motivated to create an African success story and to create employment in Nigeria because he believes that entrepreneurship holds the key to the future economic growth of the continent. He also said he is committed to improving the conditions of those living close to his factories, as part of his philosophy of corporate social responsibility.
Dangote added that one of his cement factories, the Obajana Cement Plant, one of the largest in the world, plans to double its capacity. This will create more employment opportunities for the people. Dangote is one of the largest private sector employers in Nigeria, with a nationwide workforce of 12000, a figure that is set to rise with the opening of new factories. Dangote, who began his business in 1977, has built it into a multi-billion dollar conglomerate with interests in flour, sugar, pasta and cement. Forbes puts Dangote at number 463 on its 2010 list of the world's billionaires, estimating his fortune to be $2.1billion, making him one of the richest men in Africa.
CNN's i-List, which takes viewers to a different country each month, focused on Nigeria in September, highlighting changes shaping the country's economy, culture and social fabric as it celebrated 50 years of independence.
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