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Welcome to the Federal Republic of Dangote, By Bongo Adi 12 min read With Dangote’s dominance of critical sectors of our economy, it is just a matter of time before every aspect of the economy comes under its looming shadow. The implications of such a colossal monopolistic economic structure for a developing economy with weak regulatory infrastructure as well as weak institutions will challenge students of political economy. Days after Aliko Dangote, Africa’s richest man and Nigeria’s shining star on the business horizon, clocked 60, the encomiums trailing that event are far from dissipating for all the good reasons. From Sokoto to Senegal and from Cameroun to Zambia, the ovations keep pouring in for Nigeria’s greatest business ambassador. The trail of ovations and media hypes warrants the conclusion that Africa seems to have heaved its hopes for redemption from its dismal fortune on this one man. Whether these outpouring of ovations arise out of the usual

United statesUnited kingdomSouth africaAlhaji putinAkinwumi adesinaAliko dangoteIdi aminJp morgan northern securities companyCentral bankDepartment of commerceNigeria stock exchangeDangote groupCongress onDangote industriesAfrican development bank afGrand commander