By Milcah Tanimu
Aliko Dangote, chairman of Dangote Industries Limited, announced that the company will no longer proceed with its planned investment in Nigeria’s steel industry. Speaking at his Lagos refinery, Dangote cited concerns over potential accusations of monopolistic behavior as the reason behind the decision. He emphasized the company’s commitment to fair competition and encouraged other Nigerian investors to contribute to the sector’s growth for the benefit of the national economy.
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