Tuesday, 17 May 2016

'We are in business to help humanity' Dangotoe speaks on his partnership with the Bill and Melinda Gates Foundation

Africa’s richest man and the President of Dangote Group, Alhaji Aliko Dangote, has revealed that he’s not in business solely to make money, but is just as interested in developing Africa and humanity, hence his philanthropic works through his Dangote foundation.

He equally said that labelling Nigeria corrupt based on past misdeeds undermines the efforts of President Muhammadu Buhari to rid the country of corruption, and called on leaders of countries where stolen assets are hidden to assist in repatriating the stolen funds and support the federal government’s anti-corruption drive.

Dangote, who spoke in an interview on Arise News, also observed that the anti-corruption fight was so intense that he could be arrested if found wanting.

On why he is in business, he said: “We are not in business just to make money, our aim is to develop Africa and to help humanity. That is why we are doing a lot of philanthropic work, which we started as far back as 1993.

“The (Dangote) Foundation was not established today, it was established a long time ago. When you look at our businesses, most of our investments are futuristic in nature where we want to take Nigeria and Africa to the next level.”

Elaborating on his partnership with the Bill and Melinda Gates Foundation, Dangote added: “What we are doing with Bill Gates is routing immunisation, polio vaccination and primary healthcare, it is a partnership.

“The other thing that we did recently is to look at nutrition because we have a lot of children with stunted growth in Nigeria. We are actually number three in the world in that regard.

“To eradicate it, the Bill and Melinda Gates Foundation donated $50 million and the Dangote Foundation donated $50 million. This will enable us fight malnutrition in the next four to five years taking us to 2020. So we have been very successful in this regard.”