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Dangote Is Getting Richer, Nigerians Are Getting Poorer

With a net worth of $16.1bn as of March 2013, the President of Dangote
Group, Alhaji Aliko Dangote, moved up in the latest world richest
ranking from to number 43 from 76 in 2012. 

According to the list which was released on Monday by Forbes, Dangote
and the Chairman of Globalom, Dr. Mike Adenuga were the only Nigerians
on the list. Adenuga ranked 269 on the list with a net worth of $4.7bn.

Dangote, however, retained his position as the richest man in Africa and
the richest among manufacturers in the world with a net worth of
$16.1bn. 

The irony of his riches however is – majority of his products are bought by poor Nigerians at exorbitant prices.
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Tireni Adebayo

Tireni Adebayo is the Editor of Kemi Filani News.She has BSC in Mass Communication from the Redeemer's University and M.A in Mass Communication from the University of Lagos (2014 - 2015) where she majored in Public Relations and Advertising and Digital Media. ¬†When she is not writing, she is either listening to music or reading her favorite books.Tel: +2348000000901 Address: Herbert Macaulay, Yaba, Lagos, Nigeria Email: [email protected]

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