Aliko Dangote, the richest man in Africa has shelved plans to invest in a new steel plant in Nigeria.
This comes after the government accused him of seeking to become a monopoly with his new refinery in the West African nation.
“Let others that have more money than us go and bring their money from Dubai and invest in their fatherland.”
“Our own board has decided that we should not have the steel plant. If we do, we will be called all sorts of names,” Dangote said at a media briefing Saturday at the refinery in Lagos, Nigeria’s commercial hub.
