ADVERTISEMENT
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Saturday, June 28, 2025
NewsOnline Nigeria
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
NewsOnline Nigeria
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
ADVERTISEMENT
ADVERTISEMENT
Home Top Stories

Aliko Dangote Finally Addresses Monopolistic Allegations Against His Group

Africa’s richest man said the labelling of his group of companies as monopolistic is disheartening.

by NewsOnline Nigeria
July 21, 2024
in Top Stories
0
Aliko Dangote 

Aliko Dangote

Aliko Dangote has finally addressed the monopolistic allegations against his group of companies.

 

NewsOnline Nigeria reports that Africa’s richest man, Aliko Dangote has dismissed the claims that his group of companies enjoy monopoly, insisting it is not true.

 

Dangote stated this on Saturday when he received the leadership of the House of Representatives led by the Speaker, Tajudeen Abbas and his deputy, Benjamin Kalu.

 

Africa’s richest man said the labelling of his group of companies as monopolistic is disheartening.

 

ALSO: Sowore Names Politicians, Appointees Inciting Public Riot, Protests (FULL LIST)

 

He said his group of companies had never stopped anyone from doing the same business that they are doing.

 

He said: “If you look at all our operations at Dangote (Group), we add value; we take local raw materials and turn them into products, and we sell.

 

“We have never consciously or unconsciously stopped anybody from doing the same business that we are doing.

 

“When we first came into cement production, it was only Lafarge that was operating here in Nigeria…Nobody ever called Lafarge a monopoly,” he said, adding that labelling his group of companies as monopolistic is disheartening.

 

“Monopoly is when you stop people, you block them through legal means. No, it is a level playing field whereby whatever Dangote was given in cement, for example, other people were given because some of them even got more than us,” he said.

ADVERTISEMENT
Previous Post

BREAKING: Sowore Names Politicians, Appointees Inciting Public Riot, Protests (FULL LIST)

Next Post

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 21st July 2024

Next Post
Naira

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 21st July 2024

ADVERTISEMENT

NEWSONLINE NIGERIA

Get the Latest Naija News, Breaking News, Top Stories, World News, Business, Politics & Entertainment from NewsOnline Nigeria.

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

ALERT US

Important Press Releases, Special Investigations: admin@newsonlineng.com

OFFICE ADDRESS

13 Poland Street, London, United Kingdom (UK)

Copyright © 2025 NewsOnline Nigeria

No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports

Copyright © 2023 Newsonline Nigeria