Audio By Carbonatix
Africa’s richest man, Aliko Dangote has expressed his desire to buy the English Premiership club, Arsenal in 2021.
Aliko Dangote who is currently ranked 136th richest person in the world by Forbes said his concentration is on completing his $20 worth of projects under construction, after which he will make an offer for the club.
"It is a team that, yes, I would like to buy someday. But what I keep saying today is we have $20 worth of projects and I think that is really what I want to concentrate on."
"I am trying to finish building the company and then after we finish maybe sometime in 2021...
"I am not buying Arsenal right now; I am buying Arsenal when I finish all these projects because I am trying to take the company to the next level," he said in an interview with Bloomberg.
Arsenal is currently owned by Kroenke Sports & Entertainment.
The life-long Arsenal fan is currently constructing the largest single-train refinery in the world.
The refinery is situated on a 6,180 acres (2,500 hectares) site at the Lekki Free Zone, Lekki, Lagos State.
It will process about 650,000 barrels of crude oil daily, transported via pipelines from oil fields in the Niger Delta, where natural gas will also be sourced to supply the fertilizer factory and be used in the electrical generation for the refinery complex.
The project is expected to cost up to $15 billion in total, with $10 billion invested in the refinery, $2.5 billion in the fertilizer factory, and $2.5 billion in pipeline infrastructure.
Latest Stories
-
All Big Push contractors paid, projects on track – Roads Minister
1 minute -
Photos: Mahama meets CSOs on accountability, anti-corruption and governance
6 minutes -
Big Push prioritises precision, quality and value – Roads Minister Agbodza
13 minutes -
Big Push agenda targets local contractor development – Agbodza
19 minutes -
Between memory and partnership: Ghana’s moral test on reparatory justice
23 minutes -
“OSP has always lacked the opportunity to speak” – Samuel Appiah-Darko
23 minutes -
Local experts unlock pension capital as Ci Gaba Fund raises GH¢380m to finance SMEs
26 minutes -
US gas price tops $4 for first time since 2022
29 minutes -
I won’t answer for bypassed transactions—Interior Minister warns security heads amid GNFS probe
30 minutes -
48-hour curfew imposed after attack on bar in Nigerian city
32 minutes -
OSP has performed creditably despite constraints – Edem Senanu
34 minutes -
Trump tells the UK and other countries ‘go get your own oil’ from Strait of Hormuz
55 minutes -
Black Stars and the Art of Sacking: When the Coach Must Always Go First
1 hour -
Ghana to roll out digital maps under new land sector reforms
1 hour -
Ghana not fully ready for World Cup – Sports Minister
1 hour
