Africa’s richest man, Aliko Dangote, has urged the Muhammadu Buhari government to stop granting bailout funds to state governors.
According to him, this will not take the country forward.
“I don’t believe the Federal Government should continue to be bailing out the states, the states have to sit down and plan to cut costs instead of looking for bailout and being lazy,” NTA quoted him as saying.
“They can create jobs and give incentives to people to come and invest, they should assure people that they are not going to be slammed with various taxes which is what some of them do.’’
Dangote added that the current situation of the economy would push people to work harder, to work in terms of diversifying the economy.