Dangote Laments Rising Private Jet Ownership in Nigeria
Gossip • 4h ago
Aliko Dangote has criticised Nigeria’s wealthy elite for investing heavily in private jets instead of industries.
He said such funds should be channeled into productive sectors to create jobs and support economic growth.
President of the Dangote Group, Aliko Dangote, has sparked conversations after criticising the growing number of private jets owned by wealthy individuals in Nigeria.
Dangote reportedly expressed concern over what he described as a misplaced investment culture among the country’s elite. According to him, excessive spending on luxury assets such as private jets does little to support economic growth or job creation.
He noted that the situation has become so pronounced that finding parking space for aircraft at local airports is increasingly difficult because many wealth...