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Dangote Reveals He Rents House in Abuja and Sells London Property to Focus on Nigeria’s Industrial Growth

Aliko Dangote, Africa’s wealthiest man, has revealed that the house he stays in whenever he visits Abuja, Nigeria’s capital, is a rental property. He clarified that this house is not his personal property.

Speaking at a media event held at the Dangote Petroleum Refinery in Ibeju-Lekki, Lagos State, on Sunday, July 14, Dangote explained that his unwavering commitment to the industrialization of Nigeria is the primary reason he doesn’t own houses outside the country. He emphasized that his passion for developing Nigeria’s industrial sector takes precedence over acquiring personal properties abroad.

Dangote also disclosed that he once owned a house in London but made the decision to sell it in 1996. He indicated that this decision aligns with his focus on investing and contributing to Nigeria’s industrial growth.

He revealed

“The reason I don’t have a London or America house is solely because I wanted to focus on industrialization in Nigeria. I figured that if I had those houses, there will be one reason or the other for me to visit those places thereby causing distraction for me. I am very passionate about the Nigeria dream and apart from my Lagos house, I have another one in my home state Kano and a rented one in Abuja,”

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