Dangote Reveals Biggest Business Mistake, Says Textile Collapse Cost 8,000 Jobs0

• BUSINESS, SLIDE
• September 16, 2026

Billionaire businessman Aliko Dangote has identified his investment in Nigeria’s textile industry as the biggest business mistake of his career, recalling how the venture eventually collapsed amid intense competition from imported products. Dangote made the disclosure during an interview with Arise Television, where he reflected on some of the challenges he encountered while building his