Dangote To Tinubu: My company paid N450 billion in taxes in 2024
Africa's richest man and President of Dangote Group, Alhaji Aliko Dangote, says his conglomerate paid tax of N450 billion to the Federal Government in 2024, thus establishing the group as the highest tax-paying entity in Nigeria, surpassing the combined tax contributions of all banks in the country.
Africa's richest man and President of Dangote Group, Alhaji Aliko Dangote, says his conglomerate paid tax of N450 billion to the Federal Government in 2024, thus establishing the group as the highest tax-paying entity in Nigeria, surpassing the combined tax contributions of all banks in the country.
Dangote spoke at a recent meeting with President Bola Tinubu, even as he noted
the Group’s dedication to furthering national infrastructure development, with plans to invest an additional N900 billion in road projects across Nigeria.
Among those initiatives he also include the Deep-Sea Port Access Road, which is part of a broader effort by the Group to enhance transportation infrastructure under the Federal Government’s tax credit scheme.
the Group’s dedication to furthering national infrastructure development, with plans to invest an additional N900 billion in road projects across Nigeria.
Among those initiatives he also include the Deep-Sea Port Access Road, which is part of a broader effort by the Group to enhance transportation infrastructure under the Federal Government’s tax credit scheme.
According to him, the Deep-Sea Port Access Road was “one of eight major road projects totaling 500 kilometers,” including two critical routes in Borno State that aim to connect Nigeria more effectively with neighboring Chad and Cameroon.
During the meeting, Dangote commended President Tinubu’s leadership, highlighting his efforts in restoring investor confidence within the private sector.
During the meeting, Dangote commended President Tinubu’s leadership, highlighting his efforts in restoring investor confidence within the private sector.
He further expressed hope in the President’s vision and execution of the Lekki Deep Sea Port project, assuring him of the private sector’s continued support for nationwide infrastructure expansion.
In a gesture of appreciation, Dangote announced that the road leading to the Dangote Petroleum Refinery & Petrochemicals would be named Bola Ahmed Tinubu Road, honouring him for his contributions to the nation’s industrial growth.
“The Dangote refinery complex is, in many ways, your brainchild. The main road leading into our refinery is now to be known as Bola Ahmed Tinubu Road,” he said.
In a gesture of appreciation, Dangote announced that the road leading to the Dangote Petroleum Refinery & Petrochemicals would be named Bola Ahmed Tinubu Road, honouring him for his contributions to the nation’s industrial growth.
“The Dangote refinery complex is, in many ways, your brainchild. The main road leading into our refinery is now to be known as Bola Ahmed Tinubu Road,” he said.
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