Home BUSINESS Doing business in Nigerian cities is hell – Dangote

Doing business in Nigerian cities is hell – Dangote


Africa’s wealthiest man, Alhaji Aliko Dangote, has said that running businesses in Nigeria is akin to hell.

He however classified Lagos as the most business friendly state.

He said this while fielding questions from journalists in an interactive session in Lagos.

He said, “I am not advertising for Lagos, but try another state, you will see hell,’’ he said in a terse remark at the forum of ‘Lagos Means Business.

“You should pay your taxes to Lagos state.”

In the course of the session, the Lagos State Governor, Mr. Akinwunmi Ambode had earlier guaranteed the Lagos people that he will ensure their taxes are being utilized in a transparent and righteous manner.

“We are not true citizens until we become responsible tax payers.” Ambode said.

The Governor added, “If the vision of a prosperous Lagos is to be achieved, the State must retreat from borrowing to finance its infrastructure and pay back later in the future with high interest rate.

“The good part of the arguments trailing the Lagos Land Use Charge is that the State Government is ready for dialogue and will welcome the complaints of dissatisfied members of the public in this regards.

“Business owners paying Land Use Charge should see it as part of their Corporate Social Responsibilities.’’