Aliko Dangote Pledges $7 Billion Investment In PHCN
Aliko Dangote, has pledged to spend $7 billion investment in Nigeria’s power, petrochemical and mining sectors in the next four years.
Africa’s richest man said this at a send-off party for Thierry Tanoh, the IFC Vice-President for Sub-Saharan Africa, Latin America and Caribbean and Western Europe on Sunday in Lagos.
Dangote said that he will be investing in the construction of a 2,000 megawatt power-generation facility.
This will mark the billionaires' first investment in electricity.
Credit
Businessdayonline.com