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Nigeria Billionaire Dangote on Fuel Subsidy, Oil Prices, Football

DeFi Daily News by DeFi Daily News
September 23, 2024
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Nigeria Billionaire Dangote on Fuel Subsidy, Oil Prices, Football
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Nigerian billionaire Aliko Dangote said that ending Nigeria’s gasoline subsidy is a “sensitive issue” in the nation that is used to cheap fuel. He also says it seems that the “time has passed” for him to buy the Arsenal soccer club. He speaks with Bloomberg’s Francine Lacqua in New York.

00:00 Intro
01:10 Dangote on Africa’s mega new oil refinery
01:39 Dangote on hurdles of gasoline production
03:30 Dangote on Nigeria gasoline subsidy
07:46 Dangote on FX impacts, Nigerian Naira and US dollar
11:30 Dangote on gasoline pricing, imports and competition
18:40 Dangote on state-owned NNPC’s stake in refinery
23:35 Dangote on why the ‘time has passed’ to buy Arsenal Soccer Club
——–
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Tags: africaAliko DangoteBillionaireCommoditiesConsumer Goods; RetailDangoteenergyFootballFrancine LacquaFuelGasNigeriaOiloil marketspolipricesSoccersubsidyWealth Management
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