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Aliko Dangote, Africa's richest man, has recently surprised many Nigerians by revealing that he does not own a house outside Nigeria. During a discussion at the Dangote Petroleum Refinery, he disclosed that he only has two houses: one in his hometown of Kano and another in Lagos. 

When visiting the capital, Abuja, he stays in a rented apartment. This revelation has sparked widespread reactions, especially in a country where the wealthy elite are known for their extravagant lifestyles and multiple properties abroad.

Dangote, who has been listed by Forbes as Africa's richest man for 13 consecutive years, has seen his fortune grow by $400 million in the past year, bringing his net worth to $13.9 billion. The 66-year-old made his wealth through his ventures in cement and sugar industries and recently opened an oil refinery in Lagos, Nigeria's economic hub.

His comments, particularly about not owning properties abroad, have generated considerable discussion on social media. Many people commend his decision as a wise business move, highlighting the financial prudence of renting over buying properties in foreign countries. Dangote explained that his choice was driven by his desire to contribute to Nigeria's industrialization and economic growth. He stated, "The reason I don’t have a London or America house is solely because I wanted to focus on industrialization in Nigeria. I am very passionate about the Nigeria dream."

He further elaborated that having houses in multiple countries would distract him from his mission to build and develop something significant for his people. Dangote is known to own a luxurious residence in Lagos' exclusive Banana Island, alongside many high-profile Nigerians. His house in Kano is more modest, having been used to receive guests after the death of his brother, Sani Dangote, in 2021.

Public affairs analyst Sani Bala praised Dangote's stance, stating that he sets a positive example for Nigerians. Bala emphasized the need for a shift in mindset, suggesting that owning numerous properties should not be seen as an achievement, especially when the funds could be better utilized elsewhere. He also noted that Dangote sold his house in London in 1996, likely reinvesting the proceeds into his business ventures.

In a society where opulence and property ownership abroad are often seen as status symbols, Dangote's focus on local industrial growth and his practical approach to housing reflect his commitment to Nigeria's development. This perspective is not only surprising but also inspiring, highlighting a path of reinvestment and dedication to national progress over personal luxury.