Naija247news reports that Dangote Industries Limited (DIL) and its subsidiaries have reaffirmed their commitment to national economic growth by paying over N402.3 billion in taxes in 2024. This significant remittance solidifies Dangote Group’s position as Nigeria’s highest taxpayer, further cementing its status as a leading corporate entity.
Thank you for reading this post, don't forget to subscribe!Naija247news understands that Anthony Chiejina, Chief Branding and Communication Officer of Dangote Group, disclosed this development during an interactive session with senior media executives at his Lagos office. He emphasized that Dangote Group, through its subsidiaries, including Dangote Cement, NASCON, and Dangote Packaging Limited, has remained steadfast in fulfilling its fiscal responsibilities.
According to Naija247news, the Federal Inland Revenue Service (FIRS) had earlier recognized DIL and its subsidiary, Bluestar Shipping, as Nigeria’s most tax-compliant organizations. The recognition was conferred during the FIRS Special Day at the 2024 Lagos International Trade Fair, organized by the Lagos Chamber of Commerce and Industry (LCCI).
Naija247news gathered that FIRS, Nigeria’s tax collection agency, plays a critical role in revenue generation for the Federal Government. The acknowledgment of Dangote Group’s compliance underscores its role as a responsible corporate citizen.
Speaking to journalists, Chiejina reiterated the Group’s unwavering commitment to corporate social responsibility (CSR) and national development. He stated that Dangote Industries has never defaulted in its tax obligations at all levels of government, nor in its duty to host communities.
“Our corporate strategy has evolved over the past four decades, allowing us to grow, mature, and diversify across multiple sectors and regions,” Chiejina remarked. “We have almost single-handedly made Nigeria self-sufficient in cement and refined petroleum products while expanding our footprint across Africa.”
Naija247news reports that Dangote Cement, a subsidiary of the conglomerate, recently achieved a triple award victory at the FMDQ Gold Awards in Lagos. It was recognized as the “Most Active Business in the Foreign Exchange Market”, while also securing awards for the “Largest Commercial Paper Quotation” and the “Single Largest Corporate Debt Issue” on FMDQ.
Additionally, Naija247news understands that Dangote Industries Limited was recognized as the “Most Active Corporate in the Foreign Exchange Market”, further emphasizing its dominance in Nigeria’s financial sector.
With this latest tax remittance and multiple recognitions, Dangote Group continues to reinforce its leadership in Nigeria’s corporate landscape, setting the standard for fiscal responsibility and economic contribution.
