Aliko Dangote, Chairman of the Dangote Group, has stated that the Federal Government earns 52 kobo in taxes from every N1 generated through the production and sale of Dangote Cement.

He made this disclosure during the 2025 Taraba International Investment Summit, held under the theme: “Unlocking Taraba’s Investment Potentials: Advancing Agriculture, Energy, Mining, and Industrialisation for Sustainable Growth and Development.”

Dangote emphasized the importance of creating an enabling environment for businesses, noting that both private and public investments benefit the government through tax revenues.

“It may surprise you to learn that the Federal Government—not even the states—earns more from our cement operations than we do. For every naira we generate, 52 kobo goes to the government,” he said.

Dangote underscored the role of taxation in funding essential services and infrastructure, stating, “We often say government has no business in business—and that may be true. But how else do they generate the revenue needed for education, healthcare, roads, and other public services? Through taxes.”

He cited the example of the United States, saying, “Have you ever heard of the American government owning oil blocks? No. Yet, they are the world’s leading oil producers. Their income comes through taxation.”