The Pan-African conglomerate Dangote Industries Limited (Dangote Group) and its subsidiaries disclosed that they paid over N402 billion in taxes in 2024, making them the highest taxpayers in the country.
Dangote’s Chief Branding and Communications Officer, Anthony Chiejina, made this declaration during a meeting with senior media executives who visited him at his Lagos office. He stated that Dangote Industries Limited (DIL) and its subsidiaries—Dangote Cement, NASCON, and Dangote Packaging Limited, among others—remitted a total of N402.319 billion in taxes for the outgoing year, in line with their commitment as responsible corporate entities.
Recall that the Federal Inland Revenue Service (FIRS) had, in late 2024, recognized DIL and its subsidiary, Bluestar Shipping, as the most tax-compliant organizations in Nigeria. This recognition was made during the FIRS Special Day at the 2024 Lagos International Trade Fair, organized by the Lagos Chamber of Commerce and Industry (LCCI).
The Federal Inland Revenue Service is Nigeria’s agency responsible for assessing, collecting, and accounting for taxes and other revenues accruing to the Federal Government of Nigeria.
Chiejina emphasized that as a responsible business organization, DIL and its subsidiaries have never shied away from their obligations—whether to the government through tax payments at all levels or to host communities through Corporate Social Responsibility (CSR) initiatives.
According to him, the Group’s corporate strategy has evolved alongside its business expansion over the past four decades. As the company has grown, matured, and diversified into new sectors and regions, it has played a pivotal role in achieving self-sufficiency in cement and refined petroleum products for Nigeria, while also expanding rapidly across Africa.
Dangote Group and its subsidiaries were recognized as the most compliant taxpayers in the country. Additionally, Dangote Cement, Nigeria’s leading cement manufacturer, recently won three awards at the FMDQ Gold Awards in Lagos, recognizing it as the most active business in the foreign exchange market.
Dangote Cement Plc was adjudged as having the Largest Commercial Paper Quotation on FMDQ and the Single Largest Corporate Debt Issue on FMDQ. Furthermore, Dangote Industries Ltd emerged as the “Most Active Corporate in the Foreign Exchange Market.”
