ALIKO DANGOTE BECOMES THE ONLY NIGERIAN TO MAKE IT TO THE FORBES LIST 2018

 

Forbes released the 2018 List Of The World’s Most Powerful People and our very own business magnate, investor, and owner of the Dangote Group, Aliko Dangote makes the cut.

Alhaji Aliko Dangote is the only Nigerian to make the 75 Most Powerful People in 2018.

He ranks the 66th position coming a spot ahead of Vice President of the United States of America, Mike Pence who’s pegged on number 67 on the list.

Four factors were taken into account to select each of the World’s Most Powerful People: how many people over whom they have power; the financial resources they control; if they have influence in more than one sphere; and how actively they wield their power to change the world.

Aliko Dangote, who made his fortune in the cement industry, is turning his attention to dairy and sugar farming; he’s earmarked $800 million to buy 50,000 cattle in the hope of producing 500 million litres of milk annually by 2019.