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LequteMan
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Africa's richest man, Aliko Dangote, has advised that Nigerians should not worry too much about fall in oil prices, saying the economy would soon become stable through the austerity measures adopted by government.
“During the oil boom, when a barrel of oil sold above $100, there were too many leakages which the federal government is now trying to resolve by plugging them.
“When this is effectively achieved, I believe the economy will begin to regain its stability.
“However, we must begin to explore other avenues to wealth aside from crude oil, especially agriculture which we were formerly used to. We really should not be complaining,” he said.
Dangote, however, called on the federal government to implement policies that would attract investors and enable manufacturing sector to thrive and fast-track economic growth.
NAN
“During the oil boom, when a barrel of oil sold above $100, there were too many leakages which the federal government is now trying to resolve by plugging them.
“When this is effectively achieved, I believe the economy will begin to regain its stability.
“However, we must begin to explore other avenues to wealth aside from crude oil, especially agriculture which we were formerly used to. We really should not be complaining,” he said.
Dangote, however, called on the federal government to implement policies that would attract investors and enable manufacturing sector to thrive and fast-track economic growth.
NAN
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