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Details As Billionaire Aliko Dangote Gets Into Deep Trouble With President Buhari

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Labule Thomas

Emerging details have it that Billionaire Aliko Dangote is undergoing a major challenge with the administration of President Muhammadu Buhari.

Societynow.ng gathered this development has placed one of Africa’s richest men on the verge of losing all of N1.3 trillion.

Details available to societynow.ng revealed the hefty fund is estimated taxes the wealthy Nigerian is believed to owe the government.

Societynow.ng gathered that Dangote through his Dangote Group enjoyed pioneered tax relief advantages and economic concessions in some of his business undertakings.

The Buhari administration claims the “reliefs and economic concessions” granted by past administration were beyond normal and is pushing for payment in areas it deemed the arrangement “hurt and is hurting the state”.

Insiders disclose to societynow.ng that the Buhari administration has not singled out Dangote for this treatment.

The additional details available to societynow.ng has it that billionaire Aliko Dangote and his team are currently negotiating with the government to “come to a mutually beneficial arrangement” in the situation at hand.

“The matter is being handled discreetly by the Dangote team for obvious reasons” societynow.ng gathered.

Multiple sources agree the implication of pulling out N1.3trillion payment out of the billionaire’s Dangote Group will certainly leave more than a telling impression.

President Buhari is said to view the case with Dangote as one of the major steps to revamp the nation’s ailing economy.

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