Dangote: I’m not interested in Buying NLNG, other national assets

Aliko Dangote
Aliko Dangote

Following the outcry that has trailed the advocacy for the sale of the country’s national assets as a quick measure to fund the 2016 budget and boost the country’s foreign exchange reserves, the President/Chief Executive of Dangote Group, Alhaji Aliko Dangote, has dismissed insinuations that his advocacy for the sale of the assets was self-serving, saying he was not interested in any of the assets.

In an interview with ThisDay, Africa’s richest man, Dangote said that if the Nigeria Liquefied Natural Gas (NLNG) Company or any other national asset was offered to him, even on credit, he would not be interested in acquiring them.

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He said, “I don’t have any interest in NLNG and I will not buy it. It is not a business that I want to invest in. It is a mature business; that is what people don’t understand.”

He instead explained how much liquidity Nigeria needed to bounce back in order toattract foreign investments.

Read the full interview Here.

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