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Dangote Group pays N402.32bn in tax to Nigerian Government 2024: Management

*Anthony Chiejina, Chief Branding and Communication Officer, says the Dangote Industries Limited and its subsidiaries, including Dangote Cement, NASCON and Dangote Packaging Limited remitted a total of N402.319billion as taxes in 2024, as a responsible corporate citizen

Isola Moses | ñ

The Dangote Industries Limited (Dangote Group), a pan-African conglomerate, has disclosed the Group and its subsidiaries paid over N402 billion in taxes in 2024, making it the highest taxpayer in Nigeria.

Mr. Anthony Chiejina, Chief Branding and Communication Officer at Dangote Group, said this during a meeting with some Senior Media Executives, who visited him in his Lagos Office.

Chiejina noted the Dangote Industries Limited (DIL) and its subsidiaries, namely, Dangote Cement, NASCON, Dangote Packaging Limited among others, remitted a total of N402.319billion for the out-gone year as taxes as responsible business enterprises.

Recall that Federal Inland Revenue Service (FIRS), late 2024, had recognised DIL and its subsidiary, Bluestar Shipping, as the most tax compliant organisations in the country during its Special Day at the 2024 Lagos International Trade Fair organised by the Lagos Chamber of Commerce and Industry (LCCI).

FIRS is Nigeria’s agency responsible for assessing, collecting and accounting for tax and other revenues accruing to the Federal Government of Nigeria.

He told his visitors that as a responsible business organisation, DIL and its subsidiaries have never shied away from its obligations either to the government in the form of tax payment at all levels or to host communities in the form of Corporate Social Responsibility (CSR).

According to him, the Group’s corporate strategy has evolved just as its businesses have grown, matured and diversified into new sectors and regions over the last four decades, noting that Dangote Group has almost single-handedly taken Nigeria to self-sufficiency in cement and refined petroleum products and is expanding rapidly across Africa.

Dangote Group and its and its subsidiaries, were recognised as number one most compliant in tax payment in the country, just as its subsidiary Dangote Cement, the country’s leading cement manufacturer, at another occasion won three awards at the FMDQ Gold Awards in Lagos as the most active business in the Foreign Exchange market.

Dangote Cement Plc was adjudged as the Largest Commercial Paper Quotation on FMDQ and Single Largest Corporate Debt Issue on FMDQ. Also, Dangote Industries Limited also emerged as the “Most active corporate in the foreign exchange market”.

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