I’ve lived in my current home for 36 years — Dangote - Punch Newspapers
Africa’s richest man, Aliko Dangote, has revealed that he has lived in his current home for 36 years, saying he has no plans to move because he is comfortable there. Dangote disclosed this during an interview with ARISE News on Tuesday, where he spoke about his lifestyle, business interests, and his views on wealth and investment. “You know how long I’ve been here? Thirty-six years. I don’t plan on leaving. I’m very comfortable here,” Dangote said. According to the billionaire, he is generally content with his home and does not feel the need to constantly seek out new luxuries. “Once I come in in the evening, it’s difficult to take me out of my house,” he said. Dangote also spoke about the spending habits of some wealthy Africans, criticising those who acquire private jets without investing in productive ventures such as factories. “What I see is people now owning aircraft all over the place, flying all over, and they don’t have one single factory,” he said. Why petrol remains expensive in Nigeria — Dangote Having a male heir not my priority, says Dangote Refinery IPO: Dangote woos Nigerians, investors flood NGX “So it means that they’re not actually helping in growing the economy, and that has to change.” He said his priority was to use his wealth and business interests to contribute to the industrialisation of Africa, stressing that his biggest legacy would be to help build productive capacity on the continent. Dangote also said foreign investors were increasingly interested in Africa but needed large-scale investment opportunities capable of attracting substantial capital. “Foreigners are very interested now; they want to invest in Africa, but they don’t have big-ticket items,” he said. “So right now, they have started seeing big-ticket stuff, and they will join. And we will join to develop our own continent, Africa.” He said the continent’s development required a shift in private capital from symbols of personal wealth towards factories and other productive assets capable of creating jobs, expanding manufacturing capacity and driving wider economic growth. Olugbenga Ige Olugbenga Ige is a journalist at Punch Newspapers with over nine years of professional reporting experience. He is known for his sharp eye for compelling stories and a strong instinct for identifying newsworthy developments. Over the years, Olugbenga has built a reputation for turning leads into clear, engaging, and well-structured reports that resonate with readers. His work reflects deep newsroom experience, editorial judgment, and a commitment to accurate, impactful journalism.
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