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Forbes: Nigerians react as Dangote’s worth drops to $10.3bn

Dangote set to link Kano varsity to national grid
Aliko Dangote

The latest ranking by Forbes has revealed that  Business Tycoon, Alhaji Aliko Dangote estimated net worth dropped by $2.1bn from 2018.

Despite the drop, Dangote still retained his spot as Africa’s money bag with an estimated worth of $10.3bn, closely followed by Globacom chairman, Mike Adenuga ($9.2bn),

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In 2015, Dangote was reported to have a net worth of $25bn, but three years after, that lot has reduced by about $15bn.

Nigerians have reacted, with some attributing it to the poor economic condition of the country. It should be noted that Nigeria, was, in 2018 reported to have overtaken India has the world poverty capital.

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