Dangote gets CBN’s Approval To Invest Outside Nigeria

[emezico]

Nigeria's business Tycoon, Alhaji Aliko Dangote, has expressed its willingness to commence the production of cement in Ivory Coast, as he gets the nod of the Central Bank of Nigeria (CBN) to invest $3.9 billion outside Nigeria.

Dangote, during an interactive meeting with the Ivorian president, Alassane Ouattara had with  Nigerian businessmen in Abuja, said investment outside Nigeria would  boost the foreign earnings of the country, through repatriation of proceeds.

"Actually we are big in Nigeria and outside. We have invested in cement factories outside Nigeria and we have got the approval of the CBN to invest about $3.9 billion outside Nigeria,"  Dangote said.