Connect with us

Business

“I Won’t Invest If You’re Making Life Difficult For Me” – Dangote Tells African Leaders

Published

on

Nigerian billionaire businessman, Aliko Dangote has urged African leaders to take deliberate steps towards facilitating the smooth entry and exit of Africans.

"I Won't Invest If You're Making Life Difficult For Me" - Dangote Tells African Leaders

Dangote, who spoke at the 30th Afreximbank Annual Meetings in Accra, Ghana, on Sunday, encouraged the nations to implement visa-on-arrival policies to enhance trade and investment opportunities within Africa.

“I think what, maybe, African countries need to do is that, why don’t you give Africans visas on arrival that will facilitate trade?” he suggested, sharing a scenario where one has to get a visa to get into “country A” as an African.

He highlighted the scenario where Africans are required to obtain visas to enter certain countries, contrasting it with the favorable treatment given to individuals holding British passports, including Nigerians with British citizenship.

Recounting a personal experience, the industrialist decried a situation where “we go with a British guy or maybe a Nigerian holding a British passport (and) he is allowed in”. 

READ:  “She Has Forgotten He's A Man” – Reactions As Destiny Etiko And James Brown Parties Hard On Yacht [Video]

The industrialist emphasized that if obstacles persist in conducting business and investing within Africa, it discourages potential investors from engaging in the continent’s economic development.

He added, “We were arguing, debating about my visa and I am the one with the money. If you are making life difficult for me, there is no way I will go and invest.”

Dangote’s explained that by adopting visa-on-arrival policies, African countries can enhance their attractiveness to investors and facilitate the smooth flow of trade, ultimately fostering economic growth and development across the continent.

KanyiDaily recalls that Nigerian singer, Simi had also lambasted African leaders over the poor social and economic development of the people in the continent.

READ:  "Children Should Not Be Used As Pawns” - Ifu Ennada Backs Dotun's Fight With Ex-Wife

"My Father’s Wealth Was Big Challenge To Me When I Started Music” – Davido [Video]
Entertainment50 mins ago

“My Father’s Wealth Was Big Challenge To Me When I Started Music” – Davido [Video]

Why Tinubu Appointed Jim Ovia As Chairman Of Nigerian Education Loan Fund
Politics2 hours ago

Why Tinubu Appointed Jim Ovia As Chairman Of Nigerian Education Loan Fund

Veteran Actor, Ganiyu Oyeyemi ‘Ogunjimi' Is Dead
Entertainment2 hours ago

Veteran Actor, Ganiyu Oyeyemi ‘Ogunjimi’ Is Dead

Mohbad’s Father Allegedly Pastes Court Order For DNA Test On Wunmi’s Gate
Entertainment17 hours ago

Mohbad’s Father Allegedly Pastes Court Order For DNA Test On Wunmi’s Gate

Former Lawmaker And Journalist, Sidi Ali Is Dead
News17 hours ago

Former Lawmaker And Journalist, Sidi Ali Is Dead

Why We Agreed On N615,000 As New Minimum Wage For Workers - TUC, NLC
News18 hours ago

Why We Agreed On N615,000 As New Minimum Wage For Workers – TUC, NLC

"Sanwo-Olu Did Not Announce N70k Minimum Wage Increase" - Lagos Commissioner
Politics19 hours ago

“Sanwo-Olu Did Not Announce N70k Minimum Wage Increase” – Lagos Commissioner

"My Hatred For Mohbad Keeps Increasing Even After His Death” – Naira Marley’s Associate
Entertainment21 hours ago

“My Hatred For Mohbad Keeps Increasing Even After His Death” – Naira Marley’s Associate

"‘I Need A Wife, She Must Be Tall, Dark Skinned, Between Age Of 18 To 23" – Speed Darlington
Entertainment22 hours ago

“I Need A Wife, She Must Be Tall, Dark Skinned, Between Age Of 18 To 23” – Speed Darlington

EFCC Asks Abuja School To Refund $845,000 Yahaya Bello Paid For Son’s School Fees
News23 hours ago

EFCC Asks Abuja School To Refund $845,000 Yahaya Bello Paid For Son’s School Fees

Nigerian Actress, Doris Simeon Reveals Why She Relocated To America
Entertainment1 day ago

Nigerian Actress, Doris Simeon Reveals Why She Relocated To America

President Tinubu Mourns Death Of Former Enugu Senator, Ayogu Eze
Politics1 day ago

President Tinubu Mourns Death Of Former Enugu Senator, Ayogu Eze

NPAN Condoles With Former Newswatch CEO, Ray Ekpu Over His Wife’s Death
News1 day ago

NPAN Condoles With Former Newswatch CEO, Ray Ekpu Over His Wife’s Death

"My 4-Year-Old daughter Is Twerking At Me” – Korra Obidi'S Ex-Husband, Justin Dean
Celebrities2 days ago

“My 4-Year-Old Daughter Is Twerking At Me” – Korra Obidi’S Ex-Husband, Justin Dean

"Hunger Is The Only Thing That Will Make A Beautiful Lady Marry Portable” – Isaac Fayose [Video ]
Celebrities2 days ago

“Hunger Is The Only Thing That Will Make A Beautiful Lady Marry Portable” – Isaac Fayose [Video ]

118 Inmates Escape As Heavy Rainfall Destroys Walls Of Suleja Prison In Niger
News2 days ago

118 Inmates Escape As Heavy Rainfall Destroys Walls Of Suleja Prison In Niger

Serwaa Amihere Breaks Her Silence After Her Sεx Tape Leaked Online
Celebrities2 days ago

Serwaa Amihere Breaks Her Silence After Her Sεx Tape Leaked Online

Nobody Can Deny The Fact That Igbos Developed Lagos, Abuja, And Others - Okwesilieze Nwodo [Video]
Videos2 days ago

Nobody Can Deny The Fact That Igbos Developed Lagos, Abuja, And Others – Okwesilieze Nwodo [Video]

"You'll Bury Your Children" - Seyi Law Curse Man Who Accused Him Of Leaving Club With Prostitutes
Entertainment2 days ago

“You’ll Bury Your Children” – Seyi Law Curse Man Who Accused Him Of Leaving Club With Prostitutes

"I've Been In Love With Girls For My Whole Life" - Billie Eilish Speaks On Her Sexuality
Entertainment2 days ago

“I’ve Been In Love With Girls For My Whole Life” – Billie Eilish Speaks On Her Sexuality