The name Aliko Dangote rings a bell in virtually every home in Nigeria, Africa's richest man has a footprint in virtually every home in the country , you are either eating bread made from his flour or consuming soup seasoned with his salt, drinking soft drinks or taking syrups made with his sugar .
That was why in 2007 i took a loan from first bank to purchase shares from his flour company, but the billionaire had other ideas , he returned over 97 percent of the money back to subscribers after almost a year and without interest at a time banks were charging over 19% as interest and allotted 3 % of the shares to the millions of Nigerians who had participated in the public offer and kept over 90 percent to himself.
After licking our wounds like many other Nigerians we moved on in invested in other vocations , so i was surprised yesterday evening when i received a mail from Dangote cement me and other Nigerians to invest in their expansion.
After a lot of skepticism i decided to open the attachment and this screen shot below showing he owns only 0.17 % was for me deception taken too far , it did not allow me read the content of the attachment , even a primary school pupil knows that Dangote still own the bulk of Dangote Cement by direct and indirect share holding it was a LIE i could not stomach
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