I have no interest in running for political office says Aliko Dangote

Hamilton Nwosa
Writer
new-diplomat default image
new-diplomat default image

Ad

Inflation to Drop to Single Digit Soon, Says Tinubu’s Aide

By Obinna Uballa Tope Fasua, a Special Adviser to the President on Economic Matters, has said that inflation would fall to a single digit in the near future, citing what he called recent improvements in food supply, currency stability, and global oil prices as indicators. Fasua, who spoke on Channels Television’s The Morning Brief on…

Unpaid arears: nationwide strike looms as SSANU, NASU issue ultimatum to FG

By Abiola Olawale Another nationwide strike appears to be looming as the Senior Staff Association of Nigerian Universities (SSANU) and the Non-Academic Staff Union of Educational and Associated Institutions (NASU) have issued a seven-day notice to the Federal Government. The unions are demanding immediate resolution to their grievances, including the allegations of unjust distribution of…

OpenAI poaches ex-xAI finance chief as Altman, Elon Musk feud deepens

By Obinna Uballa OpenAI has appointed Mike Liberatore, the former chief financial officer of Elon Musk’s xAI, as its new business finance officer, a move set to intensify the growing rivalry between Musk and OpenAI’s chief executive Sam Altman. Liberatore, who left xAI in July after just three months, will oversee OpenAI’s vast infrastructure spending,…

Ad

dangote 2Nigerian billionaire Aliko Dangote on Tuesday said that he had no interest in actively participating in politics, saying business and politics should never be mixed.

Dangote, the Chairman of Dangote Group, made this known while speaking with newsmen during a condolence visit to the Awolowo family over the death of Mrs Hannah Awolowo (HID) at the family’s residence in Ikenne-Remo, Ogun.

The business mogul said that the set of skills required to become successful in business differed from those of politics.

“I can’t be in politics because they say when you want to clap you need two hands.

“If all of us in business go into politics then who is going to create the jobs?

“We are in the private sector so we should be creating jobs. Government should be creating good policies and also ensuring that we are not taking advantage of the poor.

“They are doing what they know how to do best and we are also doing what we know how to do best. Each is a master in its own terrain,” Dangote said.

He advised that Nigerians should not worry too much about fall in oil prices, saying that the economy would soon become stable through the austerity measures adopted by government.

“During the oil boom, when a barrel of oil sold above 100 dollars, there were too many leakages which the Federal Government is now trying to resolve by plugging them.

“When this is effectively achieved, I believe the economy will begin to regain its stability.

“However, we must begin to explore other avenues to wealth aside from crude oil, especially agriculture which we were formerly used to. We really should not be complaining.” he said.

Dangote, however, called on the Federal Government to implement policies that would attract investors and enable manufacturing sector to thrive and fast-track economic growth.

Mr Femi Otedola, another business man, was in Dangote’s entourage.

Both men described the late HID Awolowo as a great woman whose name would forever remain immortalised in the nation’s history.

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp