The Nigerian billionaire Femi Otedola recently labelled Africa's richest man, Aliko Dangote, as a "$200 billion man in the waiting," just days after Dangote
Otedola, chairman of one of Nigeria’s largest financial institutions, First HoldCo Plc, made the comment in a social media post after hosting Dangote in his residence in Monaco.
He shared a snapshot of the two business magnates, writing, "A beautiful day at home in Monaco with my bestie, Africa’s greatest industrialist. $200 billion man in the waiting @AlikoDangote.”
The statement comes at a time when Dangote's economic empire is experiencing a tremendous shift, owing primarily to the operational ramp-up of the Dangote Petroleum Refinery, the world's largest single-train refinery.
The refinery, which has begun to reshape petroleum supply dynamics in Nigeria and West Africa, is recognized as one of the continent's most ambitious industrial undertakings.
