Africa's richest man says oil is not the way forward

Brendan McDermid/Reuters The richest man in Africa says crude oil prices would do Nigeria a favor if they stay lower for longer. Last week at the UN General Assembly, Nigerian billionaire Aliko Dangote, whose main business is in cement but also holds interests in agricultural commodities and petrochemicals,saidthat agriculture—not crude oil—is the way forward for Nigeria, and that Africa “will become the food basket of the world.” The latest economic data from Dangote’s home country te...