What Dangote tells FG: No more bail-outs for states, let them work

Alhaji Aliko Dangote, Africa’s richest man and president of the Dangote Group, has said that the current negative situation of the economy should push people to work harder, in terms of diversifying the economy, adding that the Federal Government should no longer give bailouts to state governments, as they tend to be lazy and unimaginative.

He made this known in Lagos on Friday where he was honoured as “Man of the Year 2015” by The Guardian Newspapers Limited, restating his commitment to assist the Federal Government in turning around and diversifying the country’s economy

He said his group of companies was going to put more energy into the economy “by looking at critical areas where Nigeria is not doing well in terms of local production and tackle the problem areas.”

Before you open your mouth to defend your political hero

When I hear some people defending one politician over another, I wonder how long we will continue to defend the indefensible. I have said it before and will continue to say it; under this system, NO POLITICAL OFFICE HOLDER HAS CLEAN HANDS. True, one may steal less than the other and one may manipulate figures less than the other, but THEY ALL DO.

When they campaign, they spend huge amounts of money; money that surpasses how much they are supposed to LEGALLY earn while in office. How do you expect them to get the money back? They invested during campaign and they expect to reap the dividends when they get power, or have you ever seen a businessman that wants to invest and lose?