Contrary to some reports that the Assets Management Corporation of Nigeria (AMCON) could take over the Dangote Refinery over debts owed by the Dangote
The Dangote Oil Refinery, is a 650,000-barrel per day integrated refinery project under construction in the Lekki Free Zone, Lagos, Nigeria.
Kunle while noting that the Dangote Refinery project is one of the best things to happen to the country, stressed the need for Nigerians to be optimistic about the project. “I think it is something that the industry should be concerned about but in my opinion, it is going to be resolved. Although we have not had a syndicated loan this big that had challenges. In the past we have seen syndicated loan that there were issues but were resolved.
Other Africans on the lists are three South Africans. They are Johann Rupert and family, worth $10.1billion; Nicky Oppenheimer with a worth of $7.80billion and Natie Kirsh who is reputed to worth $7.15billion. Nassef Sawiris from Egypt is also among African billionaires with a worth of $6.93 billion.
Dangote, who remains the richest man in Africa for the 8th year running, was the only Nigerian on the list of the top 120 billionaires, as released on Monday by Bloomberg in its yearly billionaires list. Africa’s richest man, with his improved worth of $17.8billion, controls Dangote Industries, a closely-held conglomerate. The Lagos, Nigeria-based company owns sub-Saharan Africa’s biggest cement producer, Dangote Cement. It also has interests in sugar, salt, fertiliser and packaged foods.
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