NewStats: 3,262,386 , 8,176,992 topics. Date: Monday, 02 June 2025 at 06:23 AM 245n65

The Federal Inland Revenue Service (FIRS) has issued Dangote Cement Plc, tax credit certificates valued at ₦22.321billion.

The tax credit certificates are for construction of Apapa-Oworonshoki-Ojota road in Lagos and Lokoja-Obajana-Kabba road straddling Kogi and Kwata states.

While Julius Berger is handling the construction of the two federal roads, Dangote Cement Plc is providing the funding.

To compensate Dangote Cement, the Federal Government has issued the company the certificates to cover for the tax that Dangote Cement would have paid.

Executive Chairman of the FIRS, Muhammad Nami, represented by Coordinating Director, Tax Operations Group, Mr. Femi Oluwaniyi, gave the clarification in Abuja on Wednesday when he presented the two tax credit certificates to Dangote Cement.

The tax credit certificates for the Apapa – Oworoshoki – Ojota expressway is valued at ₦21.6 billion while the tax credit certificate for the Lokoja-Obajana-Kabba expressway is valued at ₦721 million.

This is the second tax credit certificate the Federal Inland Revenue Service (FIRS) issued to Dangote for the Lokoja-Obajana-Kabba road construction.

₦9.5billion tax credit certificate was in 2019 awarded to Dangote Cement Plc for the Lokoja-Obajana-Kabba road.

Oluwaniyi said: “Government came to that reasoning that if we could encourage local investors to do the needful and of course under an agreement with some due monitoring and approvals then some of the monies they would have accrued back to government as taxes they would have paid.

“It will be in the interest of the government that other investors, business entrepreneurs, companies take advantage of this key initiative such that Nigeria can develop faster than government would have done alone”.

https://www.google.com/amp/s/thenationonlineng.net/fg-grants-dangote-cement-%25E2%2582%25A622-32bn-tax-credit/amp/

Nawa

This is the second tax credit certificate the Federal Inland Revenue Service (FIRS) issued to Dangote for the Lokoja-Obajana-Kabba road construction.

Can you Imagine?



Later, one Efulefu will tell me that Nigeria is United and we are one.

Long overdue draft

Fair enough

helinues:
Fair enough

Paying themselves.

What about we?

CHECK THIS if you want to create extra source of earning, work from home/anywhere, or single mothers, live the beach-side lifestyle with laptop on your laps as far as you have INTERNET.

Lol

21bn was used to build Apapa-Oworonshoki road they say. Road that the drains are shallow.

v

This Country Is A Joke

Federal Republic of dangoteria




They are already raising fuel prices for him

The real owner of Nigeria collecting rent from caretakers

Really?
These clueless incompetent institutions backed by a nepotistic FG keeps declaring figures without evidence (21billion) on a road construction or repairs?
Anyways what's my own as long as my online activities keeps getting me foreign currencies alerts !
Nigeria is bedeviled by bad leadership.

@Seniorwriter

If you had any unanswered question regarding life as a whole, send me a dm, i shall provide an answer.

if you love the truth, and will love an opportunity to sponsor the dissemination of one, send me a dm, or check the latest topic on my profile.

What an achievement to the company that is only second to federal government in of mass labour employment.
The reality is that only mass industrialization of the country will end these killings & bad blood amongst Nigerians, for an ideal mind is the devil's work shop. We prioritize wrongly.

Imagine that let them grant BUA the same

Nigeria, made for one man.

Smh this is going to bite us right back to our faces, how can a whole government keep giving monopoly to one individual, without allowing other competitiors/competitions to thrive?

Others nko

Hmmm,but na we be your best plug for everything sexual enhancement tho

With this tax credit granted to Dangote, Nigerians should expect an increment in cement price

Hehehe goat head, dey for goat bag....


22B for two roads....smh...

Hmmm

hmmm.. Las Las bag of cement no go come down

Why won't he be the richest man in Africa when he's enjoying all this benefits