{"id":179173,"date":"2025-09-16T22:15:35","date_gmt":"2025-09-16T21:15:35","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/wealthy-fear-investing-in-nigeria-aliko-dangote"},"modified":"2025-09-16T23:14:03","modified_gmt":"2025-09-16T22:14:03","slug":"wealthy-fear-investing-in-nigeria-aliko-dangote","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/wealthy-fear-investing-in-nigeria-aliko-dangote","title":{"rendered":"Wealthy Fear Investing in Nigeria Aliko Dangote"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Nigeria. <\/strong><\/span>The President and Chief Executive Officer of Dangote Refinery, Aliko Dangote, has explained that there are individuals with more liquid cash than him who are reluctant to invest in Nigeria due to challenges associated with in-country investment.<\/p>\n<p>Africa\u2019s richest man made this known in a recent conversation with the media.<\/p>\n<p>He stressed that investors prefer to cool off in Monaco, France, because of the difficulty of investing in the country.<\/p>\n<p>\u201cThere are more people who have more liquid cash than me in Nigeria, maybe one, two, or three, without mentioning names, but when they see us going through this wahala, they run to Monaco and just stay Jeje; they don\u2019t want to go through this hell,\u201d he said.<\/p>\n<p>This comes amid disagreements between Dangote Refinery, the Nigerian Union of Petroleum and Natural Gas Workers, NUPENG, and other stakeholders in the country\u2019s downstream oil sector.<\/p>\n<p>On Monday, Dangote Refinery began its nationwide fuel distribution scheme.<\/p>\n<p>However, NUPENG and the Depot and Petroleum Products Marketers Association of Nigeria, DAPPMAN, have described Dangote\u2019s fuel distribution initiative as a Greek gift to Nigerians.<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Nigeria<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Nigeria. The President and Chief Executive Officer of Dangote Refinery, Aliko Dangote, has explained that there are individuals with more liquid cash than him who are reluctant to invest in Nigeria due to challenges associated with in-country investment. Africa\u2019s richest man made this known in a recent conversation with the media. He stressed [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":179172,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[3794,254],"class_list":["post-179173","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-aliko-dangote","tag-nigeria"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Wealthy Fear Investing in Nigeria Aliko Dangote - Nigeria<\/title>\n<meta name=\"description\" content=\"The President and Chief Executive Officer of Dangote Refinery, Aliko Dangote, has explained that there are individuals w ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/wealthy-fear-investing-in-nigeria-aliko-dangote\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wealthy Fear Investing in Nigeria Aliko Dangote\" \/>\n<meta property=\"og:description\" content=\"The President and Chief Executive Officer of Dangote Refinery, Aliko Dangote, has explained that there are individuals w ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/wealthy-fear-investing-in-nigeria-aliko-dangote\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2025-09-16T21:15:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-09-16T22:14:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/09\/sm_1758048399.525416.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"900\" \/>\n\t<meta property=\"og:image:height\" content=\"531\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/wealthy-fear-investing-in-nigeria-aliko-dangote#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/wealthy-fear-investing-in-nigeria-aliko-dangote\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Wealthy Fear Investing in Nigeria Aliko Dangote\",\"datePublished\":\"2025-09-16T21:15:35+00:00\",\"dateModified\":\"2025-09-16T22:14:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/wealthy-fear-investing-in-nigeria-aliko-dangote\"},\"wordCount\":202,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/wealthy-fear-investing-in-nigeria-aliko-dangote#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/09\/sm_1758048399.525416.jpg\",\"keywords\":[\"Aliko Dangote\",\"Nigeria\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/wealthy-fear-investing-in-nigeria-aliko-dangote#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/wealthy-fear-investing-in-nigeria-aliko-dangote\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/wealthy-fear-investing-in-nigeria-aliko-dangote\",\"name\":\"Wealthy Fear Investing in Nigeria Aliko Dangote - 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