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Analyst: Dangote lost 65% of his wealth under Buhari’s administration

PublishedBy: in Nigeria NewsJuly 13, 2020


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A financial analyst has spoken on how bad economic policies have negatively affected the wealth of Africa’s richest man, Aliko Dangote.

In a report he published, the analyst said that Dangote’s net worth dropped by 65 percent under the current dispensation.

According to him, the owner of Dangote group was worth $22bn in 2014, under the administration of former president Goodluck Jonathan however, from 2015 to date, his net worth has seen a steady decline as he is currently worth $7bn.

His report read in part:

“Aliko Dangote net worth in 2014 under Jonathan admin peaked at $22b

“Today under Buhari admin (2015 – date), his net worth has shrunk to under $7b

“A fall of 65% Aliko’s story is the consistent with the reality of Nigerian business men under the respective govts of GEJ & Buhari.”

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