ADVERTISEMENT
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Wednesday, September 30, 2026
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
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.

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
Dollar to Naira exchange rate today

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

Trending Stories

Aliko Dangote 

Aliko Dangote Finally Addresses Monopolistic Allegations Against His Group

Baltasar Engonga Wife Video Knacking Another Man

Watch Full Baltasar Engonga Wife Video Knacking Another Man [#BaltasarEngonga]

Anthropic

Anthropic Targets $2 Trillion IPO Valuation Despite $42 Billion 2025 Loss

Naija News

Nigerian Newspapers: Top 10 Newspaper Headlines Tuesday, March 22 2022

Peter Obi

BREAKING: Peter Obi Promises to Restore Fuel Subsidy in Nigeria

Balthazar Wife Video

Another Balthazar Wife Video Breaks Internet (WATCH HERE)

JAMB Past Questions

Download JAMB Past Questions & Answers PDF From 1983 Till Date [All Subjects]

How Mohbad Died

Mohbad Cause of Death and Obituary, What Happened to Nigerian Musician Mohbad? How Did Mohbad Die?

Chief of Staff

Breaking: Top Nigerian Politician Is Dead

Moruf Oseni

Wema Bank Incurred Over N9 Billion In Court Cases Under Moruf Oseni In One Year

Latest Stories

Anthropic

Anthropic Targets $2 Trillion IPO Valuation Despite $42 Billion 2025 Loss

GTCO

GTCO Reports ₦603bn Profit Before Tax, Grows Deposits to ₦14.2trn in H1 2026

Peter Obi

BREAKING: Peter Obi Promises to Restore Fuel Subsidy in Nigeria

NDC

NDC Raises Constitutional Concerns Over Tinubu’s Absence From Nigeria

DSS

DSS Secures Death Sentence for Kidnap Convict Over Killing of Three in Sokoto

Fidelity Bank

Fidelity Bank Distributes 2,500 Food Packs to Vulnerable Communities in Edo

Zenith Bank NBBF Women’s Basketball League Final 8

Zenith Bank NBBF Women’s Basketball League Final 8 Tips Off in Lagos

Google

Google Urges Nigerian Businesses to Rethink Search Advertising Ahead of Black Friday 2026

Financial Crime Response

When Millions Move Across Borders, Nigeria Needs a Stronger Financial Crime Response

$1.5bn World Bank Loans

Tinubu Government Seeks $1.5bn World Bank Loans as Public Debt Hits Record N166.79tn

NewsOnline 2026

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 © 2026 NewsOnline Nigeria

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

Copyright © 2023 Newsonline Nigeria