“The number one debtor in Nigeria is Aliko Dangote” – Dr. Cosmos Maduka

Businessman, Dr Cosmos Maduka reveals that the billionaire, Aliko Dangote is the number one debtor in Nigeria, as he speaks on leveraging on loans.

During a recent chat, the businessman noted how those who seem to be the greatest debtors tend to be the wealthiest.

He noted that while people should leverage on loans, they should ensure never to take more than 20% of their income.

He said …

“The number one debtor in Nigeria is Aliko Dangote. He’s the wealthiest man in Africa. The number one debtor in the world is the United States of America and you call them the richest in the world. As you admire all of those things, it’s all credit. It’s all about credit. So you should leverage on loan, but you have to have a good structure that will support that loan.”

Watch video below …

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