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.”