LAGOS — Africa’s richest man and
President, Dangote Industries, Alhaji Aliko Dangote, yesterday, dismissed fears
about the impact of the fall in crude oil prices on the Nigerian economy,
saying the decline would not translate to doom for the economy.
Speaking
in Lagos at The Economist Summit on Nigeria, Dangote said despite the fall in
oil price, a lot of sectors were doing well in Nigeria, adding that the problem
was that people were under estimating the resilience of the Nigerian economy.
Entitled: ‘Nigeria: The Dawn of a
New Era?’ the
summit was organised by The Economist Events, a subsidiary of The Economist
International magazine
