WHY I HAVE NO HOUSE OUTSIDE NIGERIA - DANGOTE
Afnews Editor
Apr 14, 2019
Africa's richest man, Aliko Dangote, has declared that he has no personal house outside Nigeria.
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The business mogul said this at the 2019 Mo Ibrahim Forum.
Dangote hinted that he avoids luxury things "because they distract and take timeÔÇØ.
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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.ÔÇØ
"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.
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"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.
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"There are ups and downs in business so you need to be very focused.ÔÇØ
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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.ÔÇØ (DP)
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— Afnews Editor