Some of you may know that the Dangote Refinery, in particular, has been one pretty much that links him with success. Just this gigantic facility has just begun operations, strategically positioning him to become the dominant force on the shores of Nigeria in respect to fuel supply. Now that it is finally up and running, he stands to meet a big chunk of the country’s fuel needs-a feat that will be remarkable to him and the economy of the country.
Besides, let us not forget that Dangote Cement is a flagship company of his and the stock has been on a high, really helping his net worth increase.
Besides, Dangote has also diversified his investments across many sectors, including sugar, cement, and agriculture. This diversification has paid off and continues to be a stable foundation for his financial growth.
Finally, since the requirement for refined products is particularly increasing in Nigeria, we will only be expecting an increase in profitability for his ventures in the near future.
