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
-
Ashanti Regional Minister inspects flood hotspots at KNUST, vows crackdown on encroachment
59 seconds -
GPRTU eyes cashless transport system to curb armed robbery attacks on drivers
8 minutes -
Green Card decision does not invalidate charges against Ofori-Atta — OSP
17 minutes -
Minority blames NDC for delays in Afari Military Hospital project
22 minutes -
Gov’t processing UTAG book and research allowance payments, no strike expected – Haruna Iddrisu
25 minutes -
‘It’s up to Ghanaian authorities to explore options’ – Ofori-Atta’s lawyer says after US residency
26 minutes -
Banking sector strong but credit risks remain – BoG Governor warns
26 minutes -
BoG warns bank staff against collusion in collateral fraud
35 minutes -
Ghana National Research Fund must drive job creation and national solutions – Mahama
38 minutes -
Maverick Research appoints former NielsenIQ executive Justin Sargent as strategic advisor
40 minutes -
New Zoomlion MD pays courtesy call on Nungua Mantse, seeks his blessings as she assumes office
41 minutes -
Stonebwoy delivers spectacular performance as WatsUp On Campus makes a stop at UniMAC
42 minutes -
Mahama says Ghana National Research Fund was Atta Mills’ vision
43 minutes -
Asokore Mampong Assembly deploys emergency team to curb flood-related deaths
48 minutes -
Ghana challenges Partey’s visa denial in court
48 minutes