Dangote Debunks Fake Tax Claim on Cement

Aliko Dangote’s name is once again trending after a video claiming the Federal Government collects 52 kobo from every naira generated from cement sales spread rapidly on social media. The clip, which attributes the statement directly to the billionaire, adds that this works out to N6,240 per bag and questions why the government continues to borrow despite the revenue. Many Nigerians reacted strongly, linking the claim to high cement prices and the cost of building homes or roads.

The Dangote Group moved quickly to kill the narrative. On its official X account, the company posted a screenshot of the viral message stamped boldly with the word “FAKE.” Officials made it clear the quote was misattributed and did not come from Chairman Aliko Dangote. NaijaChoice News verified the company’s response, which came within hours of the post gaining traction.

Earlier genuine remarks by Dangote in 2025 had noted that the federal government earns roughly 52 kobo per naira turned over in the cement business through various taxes and levies. Those comments focused on the overall business environment rather than any specific administration. The latest viral version, however, added the Tinubu government reference and the borrowing question, elements the company says were never uttered by Dangote.

Cement remains central to Nigeria’s construction boom and infrastructure drive. A single bag now sells for around N12,000 in many markets, pricing many small builders and first-time homeowners out of the market. Industry watchers say multiple costs, including forex for raw materials, diesel for trucks, and multiple levies, push up the final price.

The debunked claim has nevertheless stirred fresh debate on taxation. Corporate income tax, VAT, education levy and withholding tax combine to form a heavy load on manufacturers. Dangote Cement, one of Africa’s largest producers, pays billions in taxes yearly, yet critics argue the burden slows expansion and keeps prices high for ordinary Nigerians.

NaijaChoice News notes that similar viral stories often surface whenever cement prices climb. The Dangote Group has consistently called for policies that support local industry rather than punish success. For now, the company wants the public to separate fact from social media exaggeration.

The episode also reflects wider worries about government revenue and spending. While the federal government defends its tax drive as necessary for infrastructure, many businesses complain the environment remains tough. Cement, a basic input for housing and roads, sits at the heart of that conversation.

Nigerians watching their naira stretch less every day will keep a close eye on how such issues play out. Whether the viral clip was real or not, the high cost of cement continues to hit wallets across the country.