Dangote’s “Beggar-thy-countrymen” business model – Nigeria’s elephant in the room

“It is no coincidence that many products on Nigeria’s import ban lists are items in which Dangote has major interests. Although an undiluted success in terms of wealth accumulation, Dangote personifies the duality in Nigeria’s economy. On one hand, Dangote imports significant amounts of US produce and equipment for his manufacturing ventures. On the other,…