The price of the United States Dollar may soon crash down to around N203 in the parallel market after africa’s richest man, Alhaji Aliko Dangote recently revealed that his companies better known as, The Dangote Group will soon start selling dollars to the Central bank of Nigeria
Dangote group have offices and factories dotted all over Africa and receive the majority of its export revenue which runs into billions every week in United states dollars Dangote, who spoke in Lagos at the Nigerian Economic Summit organised by Economist Events, an arm of The Economist of London, said, “We are looking at a situation that by 2020, we will be the one selling FX to the CBN. Our projects are mainly import substitution. We are working to be self-sufficient to grow about a million tonnes of rice over the next five years
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