Aliko Dangote, Africa’s richest man and president of Dangote Group, says Nigeria remains the number one economy in Africa.

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Earlier on Wednesday, news broke that South Africa had overtaken Nigeria as Africa’s biggest economy, but Dangote remains resolute that Nigeria’s place has not yet been usurped.

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Dangote, who spoke at the Lagos Chamber of Commerce and Industry 2016 presidential policy dialogue session, said the problem with the economy did not start with this current administration.

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