Despite losing his position as Africa’s richest person due to the naira devaluation, the chairman of the Dangote Group, Aliko Dangote, has praised the policies of President Bola Tinubu.
Since becoming President on May 29, 2023, Tinubu has been rolling out several policies, some of which are the removal of fuel subsidy and devaluation of the naira.
The naira devaluation wiped off billions of naira from Dangote’s wealth, reducing his estimated net worth to $10.8 billion as of Tuesday, according to data obtained from Forbes Billionaire Index.
