Dangote loses 65% of his wealth under the Buhari administration

Everybody living in Nigeria including Alhaji Aliko Dangote, Africa’s richest man seems to be going through hardship as a result of the irregular and mundane fiscal/monetary policies introduced by the Buhari led government.

According to 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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