Skip to main content

Dangote Says Africans Must Pray Oil Prices Remain Low

Dangote Says Africans Must Pray Oil Prices Remain Low

Dangote group chairman, Alhaji Aliko Dangote has urged Africans to pray for oil prices to remain low.

The Africa’s richest man who is building a petroleum refinery with a production capacity of 650,000 barrels per day, said this on a panel in New York, on Wednesday, September 20.

He said the crash in oil prices was the only way to wean Africans off dependency on petroleum revenues.

“We should pray that oil prices remain low. This helps wean us off the dependency on revenues from petroleum,” he said.

“We must take oil to be the icing on the cake. We already have the cake – agriculture, agriculture, agriculture. Africa will become the food basket of the world.”

The meeting, which had high-level business leaders and international diplomats in attendance, was organised by the Corporate Council for Africa at the headquarters of global law firm, Shearman and Sterling LLC.

Alongside Paul Kagame, president of Rwanda, Dangote emphasised the need for heavy investments in education, “particularly for young people to be well-trained for the jobs of tomorrow”.

He said Nigeria must produce five out of the 12 million jobs needed in Africa.

Dangote said Rwanda’s success story is an example of the positive change in Africa, adding that corruption “had been cured” in the eastern Africa country.

The Dangote Group CEO encouraged investors to visit Africa saying: “Go there (Africa) and find out the real story for yourself. Things have changed”

Labels:

Comments

Post a Comment

Popular posts from this blog

celebrity stepped out at the 2019 Headies'.see photos

The prestigious Headies' which held on the 20th of October, 2019 had quite a large number of celebrities who pulled off interesting looks that had us stuck on the 'gram. The 13th edition of Headies' which took place at the Eko Convention centre had old and new celebrities that brought their A-game to the red carpet with their outfits. From the hosts of the award  Nancy Isime  and  Reminisce  who were styled by  Tiannah Place Empire , several creative designs were showcased. Nancy Isime and Reminise are the host of the 13th edition of The Headies. [Instagram/Headies] Some of your faves were also present and they indeed represented with their breath-taking looks. The likes of  Toke Makinwa, Mercy Eke, Andrea Manuela, Denola Grey  and several others slayed in outfits that had people talking. These are celebrities that had the best look at the event. Pretty Mike who was styled by Tiannah Place Empire gave us the royal look [Credit: Instagram/ Pulse NG] 1. ...
Post a Comment
Read more

Why I Married My Sister'

' Paul supports Cornelius to marry their little sister. The siblings say they can hearvoices but we cannot tell if these voices are of God or their ancestors Their community places a high premium on religion but somehow, all that went out the window, thanks to ‘love’ or shall we call it weird passion? What continues to shock everyone is how convinced one of their brothers, Paul Ezeibekwe, is about their abominable union. He told Channels TV: “One day, I was ruminating, I can’t tell you how the thing started but ‘He’ took me to about three scriptures about ‘bone of my bone’... “So, ‘He’ said that ‘the bone of my bone and the flesh of my flesh’ is your blood – your immediate family.” Cornelius Ezeibekwe, who is now the husband of his sister also explained how he ended up believing the vision. “I wanted to believe the visions, even though I thought I could die but on Janu...
Post a Comment
Read more

A 38-year-old zoo keeper was filmed in full action impregnated a female orangutan

A 38-year-old zoo keeper was filmed in full action by a series of hidden cameras put in place by the zoo’s security officials after doubts emerged about the man’s devious actions towards the zoo animals. “Some animals seemed sexually aroused when it was time to feed them”  explains Akhiroel Yahya, employee of the zoo for 14 years. “But what made us most suspicious was when we discovered Marylin, our oldest orangutan, was pregnant. She has never been in contact with any other orangutans because of her aggressive nature, so it didn’t make any sense”  he said, visibly troubled by the news. Confused zoo officials admitted that it took them sometime before being able to explain what had actually happened. “At first, we clearly did not comprehend what had happened,” admits the zoo’s director, Abdoel Hakim. “Marilyn has been secluded for the past 10 years, it was a total mystery,”  he added. “It...
Post a Comment
Read more