Dangote Group Pays N402.3bn Tax To Govt in 2024
Dangote Industries Limited has paid over N402 billion tax to Nigerian government in 2024, the company’s Chief Branding and Communication Officer, Anthony Chiejina, said on Thursday in Lagos.
Chiejina told some senior media executives that Dangote Industries Limited is Nigeria’s highest taxpayer.
Dangote Industries Limited and its subsidiaries were lauded in 2024 by Federal Inland Revenue Service (FIRS) as the most tax compliant organizations in the country.
Chiejina 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 Ltd also emerged as the “Most active corporate in the foreign exchange market”.
