Have you heard the latest? I bet you haven’t.
Relax, soon you will have all the gist.
This fresh episode of drama was initiated by Dangote, yes, Africa’s richest man himself shook the table and who was on this table. Yes, your guess is as good as ours, the Nigerian Government.
Did you know that the Nigerian Government receives about 52% of Dangote’s income? I bet you didn’t know that too.
Don’t feel sad about it, we were as surprised as you are when we heard of it.
If this info came from one of those Nigerian bloggers, it would have been an issue to believe it, but hey, it came from Aliko Dangote himself.
Dangote made this known on Wednesday during a tour of Dangote Fertiliser Limited and the Dangote Petroleum Refinery & Petrochemicals in Ibeju Lekki, Lagos, led by a delegation from the Nigerian Economic Summit Group (NESG).
A statement was issued by the Senior General Manager, Corporate Communications, Esan Sunday, after that tour.
Free Market
Dangote emphasised the critical role of the private sector in economic growth.
To him, Nigeria’s challenges could be addressed by creating more employment opportunities.
“The concept of a free market should not be used as an excuse for import dependence,” Dangote stated.
Citing an example, he said: “The President of Benin Republic is a personal friend, and my Ibese plant is just 28km from Benin, yet they refuse to allow imports to protect their local industries, most of which are grinding plants.”
Dangote further claimed that the Nigerian government is taking 52 kobo out of every naira generated by Dangote Cement through taxes and other payments.
“The government stands to gain substantially when the private sector flourishes. However, 52 per cent of our earnings goes to the government,” he stated.
Now, dear reader, ask yourself this question, will petrol ever be cheap in Nigeria?
Guess we all know the answer to this question.
Did You Miss? “Nigerian Government Takes 52% Of My Cement Income” – Dangote
No wonder companies are exiting Nigeria.
Everyone is calling on Dangote to reduce the price of his petrol, but nobody is concern with the cost of keeping his businesses.
Even petrol marketers in the country say Dangote’s petrol is too expensive, that is why they have to fall back on importation to save the country from scarcity.
Dangote was only trying to make Nigerians see things from his own point of view. Well, letting the cat out of the bag appears to have helped Dangote clear some doubts.
As we speak, the internet is buzzing with reactions, trust Nigerians, they surely have a thing or two to say.
