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Nigeria: Dangote Laments Rising Private Jet Ownership in Nigeria (Video)

Aliko Dangote has criticised Nigeria’s wealthy elite for investing heavily in private jets instead of industries

Olamide Olasupo by Olamide Olasupo
February 16, 2026
in News
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President of the Dangote Group, Aliko Dangote, has sparked conversations after criticising the growing number of private jets owned by wealthy individuals in Nigeria.

Dangote reportedly expressed concern over what he described as a misplaced investment culture among the country’s elite.

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According to him, excessive spending on luxury assets such as private jets does little to support economic growth or job creation.

He noted that the situation has become so pronounced that finding parking space for aircraft at local airports is increasingly difficult because many wealthy Nigerians own private jets.

“Sometimes it pains me that it’s hard to find parking space for your plane at a local airport in Nigeria because everyone has a private jet.

Those jets should be invested in industries so we can create jobs,” he said.

“Sometimes it pains me that it's hard to find parking space for your plane at a local airport in Nigeria because everyone has a private jet. Those jets should be invested in industries so we can create jobs.”

— Aliko Dangote says. pic.twitter.com/BTq28GhgeY

— 𝐀𝐬𝐚𝐤𝐲𝐆𝐑𝐍 (@AsakyGRN) February 16, 2026
Tags: Nigeria
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Olamide Olasupo

Olamide Olasupo

Olamide Olasupo report on politics, governance, security, entertainment in Nigeria for Magazine Afrique. A seasoned reporter and a writer at heart.

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