Nigeria’s interest rates hampering job creation, economic growth – Dangote

The President of the Dangote Group Industries Ltd, Aliko Dangote, on Tuesday said that the Central Bank of Nigeria’s (CBN) interest rate is stifling economic growth and job creation in the country.

The billionaire spoke on Tuesday at a three-day summit in Abuja organised by the Manufacturers Association of Nigeria (MAN).

Mr Dangote drew attention to the contrasting economic responses during the COVID-19 pandemic between Africa and the G7 countries.