* We will update our corporate governance rules not only for our listed companies but also for operators and the Council itself because charity must begin at home. If the Stock Exchange and its dealing members must continue to remain viable economic units, we must make sure that we increase the liquidity and turnover in the market…We have to discuss and agree on what to do with the ‘toxic assets’ in our market and very critically how to provide funding for our stockbrokers to refloat their businesses.
Aliko Dangote, in his acceptance speech as the 17th President of the Council of the Nigerian Stock Exchange, on 7 August 2009.
• Aliko Dangote.
* The relationship between Nigeria and Niger Republic is like that of brothers. We cannot sit back and watch our brothers suffer. It is in line with our corporate social responsibility that we are making this donation to alleviate the suffering of the people.
At Dangote Foundation’s donation of N120m to fight famine in Niger, in September 2010.
* I can say categorically at this time that I have no intention of investing in the club and will not be acquiring a stake.
Dispelling rumours that he was planning to buy a 15.9 per cent stake in English Premier League side Arsenal
* We have had a generational change in business and this is now going to happen in government. And we need it. If you look at our generation, we have done extremely well [in business]. The generation before ours hasn’t done well at all, In fact, they were the worst ones. And the generation before that was just concerned about local issues because there was no such thing as globalisation back then.
Commenting on the need for generational shift in the business and political leadership of Nigeria.
*I feel fulfilled that at least I am doing something great for my country. Nigeria is really the best place to invest. It is one of the best places to make money. It is the best world kept secret actually in terms of investment.
In a September 2010 interview with CNN.
* I believe in Nigeria. I believe there is always going to be Nigeria. My faith and belief in this country is unshakeable. We have to live together in peace and not in pieces. Why are we important in the world today? It is because of our population. Population and our oil. It is not because the world loves the name Nigeria. No. The importance of Nigeria is the market. The population is there. The money is there. It is just a matter of having good entrepreneurs who can push this thing forward…
On his belief in Nigeria’s potential for greatness.
* In any environment where all you do is profit-making and you don’t put anything back, it is like milking a cow and not feeding it well to have better quality milk. In the social responsibility aspect, what we do is produce the best products at the lowest prices.
On Dangote Group’s Corporate Social Responsibility policy.
* We have created the Dangote Foundation and we are going to give back billions of naira to the society, which means we would be donating money, not to book launchers, but the real people in the society.
Still on Corporate Social Responsibility
* The merger was conceived with the goal of consolidating the cement producing entities of Dangote Industries Limited in Nigeria under a single entity presenting a robust platform for the enlarged Dangote Cement to optimise on available growth opportunities having regard to the present state of the Nigeria Cement Industry.
On the merger of Dangote Cement outfits.
Our hope is that our contribution would assist our people and nation in achieving the Millennium Development Goal targets in the areas of health, education and economic empowerment.
At the Group’s donation of medical equipment to Island Hospital, Lagos.
To start with, I don’t have a role model here in Nigeria. But it is good for everyone to know that the only way you can live in harmony with everybody is not to exhibit tribal and religious traits. Once you become a tribal champion, you will never make it in life in the real sense. If you made it, it would be in your tiny little corner. Your thinking, your business, your horizon can never be broad-based.
On his philosophy of life.
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