Categories: BusinessCelebrities

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

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

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”. 

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.

Tobias Sylvester

Tobias Sylvester is the news editor for Kanyi Daily News and is based in Lagos. Contact Tobias at editor@kanyidaily.com. Got a confidential tip? Submit it here

Recent Posts

Adekunle Gold Visits Ailing Khaid At Hospital [Video]

Nigerian singer, Adekunle Gold has paid a visit to his junior colleague Khaid, who is…

13 hours ago

“People Say I’m Better Than Wizkid” – Speed Darlington

Controversial Nigerian rapper, Speed Darlington has issued a stern warning to fans who continue to…

13 hours ago

Simi Reveals Why She Titled Her Song With Tiwa Savage “Men Are Crazy”

Nigerian singer, Simi has shared the reason behind naming her highly anticipated collaboration with a…

14 hours ago

6 Ways Agritech can Revolutionize Grocery Aisles

Forget grocery drudgery. Imagine vibrant shelves overflowing with fresh produce, thanks to a digital revolution…

15 hours ago

Two killed, Three Injured, Shops Razed As Gas Explosion Rocks Lagos

A gas explosion claimed the lives of two people on Tuesday in the Ibeju-Lekki area of…

15 hours ago

Cybersecurity Levy: Tinubu Is More Interested In Milking A Dying Economy – Peter Obi

The presidential candidate of the Labour Party (LP), Peter Obi has strongly criticized the decision…

17 hours ago