2 weeks ago
18
ARTICLE AD BOX
Africa’s richest man, Aliko Dangote, has warned that the continent risks terrible economical consequences if it fails to trim its dependence connected imported substance amid planetary proviso uncertainties.
Dangote gave the informing during a media engagement successful Lagos portion addressing developments astir the Dangote Refinery and the interaction of rising planetary lipid prices.
He said that ongoing tensions successful the planetary lipid marketplace and proviso disruptions could importantly impact African countries that trust heavy connected substance imports, stressing that the concern could worsen if proactive measures are not taken.
According to him, “Africa indispensable urgently put successful section refining capacity, fortify concern production, and make policies that enactment aforesaid sufficiency to debar economical strain”.
Dangote added that with its immense earthy resources, the continent has the imaginable to conscionable its ain needs but warned that nonaccomplishment to enactment decisively present means “Africa volition wage the price” successful the agelong run.
English (US) ·