Nigeria Billionaire Dangote on Fuel Subsidy, Oil Prices, Football

Nigerian billionaire Aliko Dangote said that ending Nigeria's gasoline subsidy is a “sensitive issue” in the nation that is used to cheap fuel. He also says it seems that the "time has passed" for him to buy the Arsenal soccer club. He speaks with Bloomberg's Francine Lacqua in New York. 00:00 Intro 01:10 Dangote on Africa's mega new oil refinery 01:39 Dangote on hurdles of gasoline production 03:30 Dangote on Nigeria gasoline subsidy 07:46 Dangote on FX impacts, Nigerian Naira and US dollar 11:30 Dangote on gasoline pricing, imports and competition 18:40 Dangote on state-owned NNPC's stake in refinery 23:35 Dangote on why the 'time has passed' to buy Arsenal Soccer Club -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X:   / bloombergtv   Facebook:   / bloombergtelevision   Instagram:   / bloombergtv   Connect with Bloomberg Business on: X:   / business   Facebook:   / bloombergbusiness   Instagram:   / bloombergbusiness   TikTok: https://www.tiktok.com/@bloombergbusi... Reddit:   / bloomberg   LinkedIn:   / bloomberg-news   More from Bloomberg: Bloomberg Radio:   / bloombergradio   Bloomberg Surveillance:   / bsurveillance   Bloomberg Politics:   / bpolitics   Bloomberg Originals:   / bbgoriginals   Watch more on YouTube: Bloomberg Technology:    / @bloombergtech   Bloomberg Originals:    / @business   Bloomberg Quicktake:    / @bloomberg-news   Bloomberg Espanol:    / @bloomberg_espanol   Bloomberg Podcasts:    / @bloombergpodcasts  

Aliko Dangote: Building Africa's industrial future from the ground up | Podcast | In Good Company
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Aliko Dangote: Building Africa's industrial future from the ground up | Podcast | In Good Company

We Went Through Tough Times Setting Up the Refinery in Lagos -Dangote
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We Went Through Tough Times Setting Up the Refinery in Lagos -Dangote

The REAL REASON why DANGOTE chose KENYA over TAANZANIA
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The REAL REASON why DANGOTE chose KENYA over TAANZANIA

ALIKO DANGOTE ADDRESSES DAY TWO OF AFRICAN CAUCUS 2026 IN BANJUL 07.07.26
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ALIKO DANGOTE ADDRESSES DAY TWO OF AFRICAN CAUCUS 2026 IN BANJUL 07.07.26

I Moved From the USA to  Nigeria and Stopped Living Paycheck to Paycheck
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I Moved From the USA to Nigeria and Stopped Living Paycheck to Paycheck

Mo in conversation with... Aliko Dangote
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Mo in conversation with... Aliko Dangote

Minister Biruta questions balance in U.S. approach to Rwanda-DRC peace deal
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Minister Biruta questions balance in U.S. approach to Rwanda-DRC peace deal

"These Opposition Are Intellectually Daft; Misguided" - Bwala Speaks On Gbajabiamila Bribery Scandal
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"These Opposition Are Intellectually Daft; Misguided" - Bwala Speaks On Gbajabiamila Bribery Scandal

Nigeria’s Oil Was Sold to Banks in the Bahamas | Declassified
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Nigeria’s Oil Was Sold to Banks in the Bahamas | Declassified

FULL VIDEO: Dangote Breaks the Table, Openly Accuses NMDPRA CEO Farouk Of Corruption
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FULL VIDEO: Dangote Breaks the Table, Openly Accuses NMDPRA CEO Farouk Of Corruption

CONVERSATION WITH | Patrick Pouyanné & Aliko Dangote
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CONVERSATION WITH | Patrick Pouyanné & Aliko Dangote

How China's "Made In Africa" Strategy Is Taking Shape | CNA Correspondent
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How China's "Made In Africa" Strategy Is Taking Shape | CNA Correspondent

inside Nigeria’s richest Oil Region... where billions are made but people are poor
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inside Nigeria’s richest Oil Region... where billions are made but people are poor

Asking Africa’s Richest Man How He Made $30 Billion!
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Asking Africa’s Richest Man How He Made $30 Billion!

"We Will Open Africa" — A Conversation with Aliko Dangote
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"We Will Open Africa" — A Conversation with Aliko Dangote

ANOTHER REFINERY? Why Nigeria's Oil Industry Is Transforming
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ANOTHER REFINERY? Why Nigeria's Oil Industry Is Transforming

Nigeria Just Threatened South Africa's Economy—And This Could Get Ugly
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Nigeria Just Threatened South Africa's Economy—And This Could Get Ugly

Museveni sits with Dangote and Ruto on a panel to discuss African Infrastructure for development
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Museveni sits with Dangote and Ruto on a panel to discuss African Infrastructure for development

Our Drivers Earn Better than Graduates; They Earn Four Times the Minimum Wage -Dangote
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Our Drivers Earn Better than Graduates; They Earn Four Times the Minimum Wage -Dangote

2022 International Trade Seminar -  Aliko Dangote, GCON
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2022 International Trade Seminar - Aliko Dangote, GCON