Stella Dimoko Billionaire Aliko Dangote Reveals Why He Cannot Sleep At Night...


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Wednesday, June 28, 2017

Billionaire Aliko Dangote Reveals Why He Cannot Sleep At Night...

The Chairman of Dangote Group, Alhaji Aliko Dangote, has revealed a problem that causes him sleepless nights.

He said he finds it hard to sleep because of the current high rate of unemployment in Nigeria.

Dangote said this when a team of business executives from Lagos Business School (LBS), visited his multi-billion dollars refinery and petrochemical projects in Ibeju-Lekki, Lagos.

“What keeps me awake at nights is not really the enormity of business ideas running through my mind, but it is actually high rate of unemployment in the country.

‘It is an eyesore and I think we have collective responsibility to solve this problem”, Nation quoted him as saying.

Dangote noted that the nation’s growing population should have been a blessing if the youth energy is harnessed to drive growth, but regretted that poverty increases with the population.

“The more poverty that you have in a society without education, the more criminals you breed.

“It is surprising that poverty grows in this country as population grows, especially in the North where you have low income families bearing score of children they cannot cater for”, he added.

Dangote said it was not the duty of government to create jobs, stressing that creation of enabling environment for entrepreneurs to thrive should be the focus of any government.

Africa’s richest man said developed economies were not created by the government, but private sector which acts as drivers of growth and development.

He linked insurgency and militancy to unemployment, saying criminality would fester in a society where government does not encourage entrepreneurs to create jobs.

The nation report via dailypost.


  1. Well said Dangote.The high rate of unemployment in Nigeria is the major problem that needs collective effort.

  2. Dangote is pretentious. The same man that sacked over 800 employees (all graduates) in February this year 2017, in Obajana and Ibese for no reason is talking about youth unemployment? He didn't even pay them their entitlements. Hypocrisy at his highest order. Well, the case is already in National Industrial Court.

    1. You dont expect the company to keep ppl on when there is no productivity. Think with your head sometimes.

    2. That guy you call pretentious is the reason I and my family feed today. Abeg watch your mouth

    3. Your father n his cohort stole the monies n hide them away.
      God bless u Dangote

  3. This man is 100% right. The rate of unemployment in this country is too high!But I believe that the only practical solution here is for every youth to create a good nitch for them selves by training and discovering themselvs in skills.

  4. The unemployment rate in Nigeria is really alarming.

    Your comment will be visible after approval.

  5. “The more poverty that you have in a society without education, the more criminals you breed.

    So on point. He couldn't have said it any better. Lord help this nation. The government just needs to act fast, else there will be more people like Evans coming out with new ways to help themselves outta poverty.

  6. Mtchewww... Do something about it jor. That's how you made us travel to obajana for one td entrepreneur interview two years ago and till today, nothing

  7. Iya Oshoronga of Blogosphere28 June 2017 at 08:38

    It is the 'Lukudi' he swallowed that is keeping him awake. Unemployment my ass, as if it affects his children.

  8. Well said Dangote. The govt should give entrepreneurs enabling environment to thrive.

  9. If only we have progressive leaders ............


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