General News of Friday, 24 October 2025
Source: www.mynigeria.com
Former presidential aide Reno Omokri has revealed that Africa's richest man, billionaire Aliko Dangote, uses an Android phone, not an iPhone 17.
Omokri made the discovery during a visit to the business mogul.
In a Facebook post, he advised Nigerians to invest their money in important things instead of spending it on iPhones, especially when their current phone is not faulty.
He wrote, "Zoom in on the phone Alhaji Aliko Dangote is using, and you will notice that it is not an expensive iPhone 17 Pro Max or any fancy device. It is a regular Android phone, and not even a new one at that. Yet, according to Forbes Magazine, this is the wealthiest person in Africa, the 86th richest human on Earth, and the Black person with the highest net worth on this planet.
In the few days I spent with him in Lagos, Nigeria, last week, this was the only phone I saw Alhaji Dangote use. His genuine simplicity and contentment are such attractive virtues. It is no wonder that God has blessed him impactfully.
"A phone is not a financial investment. It is a utilitarian device whose primary purpose is to help you communicate with others beyond your physical presence. Therefore, conversations you have on a phone are more important than the brand and price of your phone.
"As such, resist the urge to buy an iPhone 17, whether real or a clever fake from China, or any other expensive phone brand, as a status symbol. iPhones are an excellent choice of phone. I recommend them. Do buy one if you need it. But let your consumption be driven by need, not by vanity.
"If your old phone is still working, use it and invest your extra money. Apple, the maker of iPhones, has already planned the obsolescence of the iPhone 17. As you read this, the iPhone 18 is already in production. Planned obsolescence is a business strategy of every luxury brand!
"Refuse to go broke in the desire for social status. Even if you are already rich, invest your money, like Alhaji Aliko Dangote, and make more to help the less privileged among humanity. Spending to attain social ranking is a ruse because the minute you buy that latest item, the producers are already set to release a later model that will make yours outdated.
"And while saving is a good habit, frugality can never make you rich. Banks use your savings to make between 18% and 24% return on investment. Then they give you 2% savings interest, and you celebrate. How much is inflation? 21%. You are getting 19% below the inflation rate. Your money is reducing. That is why you should invest and make a return on investment higher than the inflation rate."
ASA