Femi Otedola, a billionaire businessman, praised Aliko Dangote, the company’s president and CEO after their meeting with US President Donald Trump.
In a post on X, Otedola said, “The richest black man in the world is shaking hands with the most powerful man in the world.”
The most powerful man in the world, the richest black man, is demonstrating his support to @realDonaldTrump @AlikoDangote…F. image taken twitter.com/MuBc9kvizv
In honor of the US president, Dangote and Trump had a private dinner hosted by the Qatari Amir Sheikh Tamim Bin Hamad Al Thani on Wednesday in Doha, Qatar.
The African billionaire was spotted shaking hands with Trump in a 22-second video that Dangote Group shared on X on Thursday.
Dangote has a net worth of $ 23. 9 billion, according to a Forbes report from March 2025.
READ MORE:  , Tinubu Congratulations Dangote On World Bank Appointment
According to Forbes, Trump is worth $5.5 billion.
Diverse sectors are where Dangote’s business interests intersect.
A 650, 000 barrels per day (BPD) integrated refinery is housed in the Lekki Free Zone of Ibeju Lekki, Lagos.
The refinery’s pipeline infrastructure, which has 1, 100 kilometers of “three billion standard cubic feet of gas per day,” was described on the company’s website as the largest in the world.
A 435MW power plant is housed in the refinery.
The refinery will have an exchequer of each of these products for export and satisfy all of Nigeria’s requirements for all of them.
A multi-billion-dollar project called “Dangedone Petroleum Refinery” will establish a market for Nigerian crude worth $ 21 billion annually. It added that it is intended to process Nigerian crude while having the ability to process other crudes as well.
Dangote claimed on May 9 that the Nigerian National Petroleum Company Limited (NNPCL) and  , his organization, were unaffected by a conflict.
Bashir Ojulari, the Group Chief Executive Officer of NNPC Ltd., made a courtesy visit to the NNPC Towers in Abuja and made a pledge to work with the NNPCL to advance strategic cooperation aimed at boosting energy security and promoting national prosperity.
READ ALSO: Dangote claims there is no competition with NNPCL.
The Private Sector Investment Lab, a body tasked with promoting investment and job creation in emerging economies, was appointed two weeks ago by the World Bank.
President Bola Tinubu praised him for his appointment, citing Dangote’s extensive private sector experience, strategic investments, and numerous employment opportunities created by his Dangote Group as a fitting conclusion.
Source: Channels TV
Leave a Reply