Aliko Dangote to invest $2.3bn in northern Nigeria

Africa's richest man, Aliko Dangote, says he would be investing $2.3bn in rice and sugar production in the north. The billionaire industrialist made this known yesterday at the just concluded World Economic Forum, WEF Africa.

He said creating job opportunities is the surest way to end the Boko Haram scourge. He also revealed that he would be investing a total of $12billion in Nigeria, and $4bn outside the country over the next four years.