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&#39 first investment in electricity.

Credit
Businessdayonline.com

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