The United States of America has said the Dangote Group of Companies’ business strategies would cause a lot of harm to the Nigerian economy.
“Although an undiluted success in terms of wealth accumulation, Dangote personifies the duality in Nigeria’s economy,” the American government said, insisting that the duality “presents a dilemma for country’s economic policy.
”The US Government also accused the Dangote Group of blocking investment aimed at increasing the revenue of the nation.
“Weighing everything in the balance, we believe the Dangote model is harmful to Nigerian and American interests in the long run.”
“Unfortunately, the Dangote model will likely be the one most emulated until its beggar-thy-countrymen contradictions become more apparent.” the American government warned further.
