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Tuesday, 27 June 2017

Problem that causes me sleepless nights;Billionaire Aliko Dangote Divulges

The Chairman of Dangote Group, Alhaji Aliko Dangote, has uncovered an issue that causes him restless nights.He said he thinks that its difficult to rest on account of the present high rate of unemployment in this nation. 

Dangote said this when a group of business administrators from Lagos Business School (LBS), went to his multi-billion dollars refinery and petrochemical extends 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.






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