NewStats: 3,259,379 , 8,169,954 topics. Date: Saturday, 24 May 2025 at 07:55 PM 944s

People with unreasonable hatred for Aliko will vent their anger as usual, the anger that should be directed to FG for making the product expensive when we get the raw materials in producing it here.
Cement shouldn't cost more than #3,500 per bag if not for FG exploitation and wickedness.

erad:
Hatred and envy are very terrible mental issues. I call them mental issues because I don't believe rational people should possess such attributes.

Some people above me are suffering from those mental issues. They don't even understand what he's driving at in the article but their envy for dangote has already made them start tackling what he said.

For clarification purposes, dangote has no problem with whatever the government is making from his products, he's just stating one of the ways the government makes money without directly involving in business. He pushing for government building a more conducive environment so local investors can thrive and encourage foreign investors to come in thereby increasing how much the government makes.

Capisce?

You said it all.... We have so much educated illiterates in Nigeria.

Na we know

G0odharddick:
Why is this man lamenting?

He no wan pay tax before?

Fed Govt really helped dangote became even more wealthier

This is too much na... Leaving just 48 naira for the firm...

“We always say that the government has no business in business. If it’s true, they don’t have business in business. Though, how are they going to make money, educate people, you know, do the hospital, road, infrastructure? It’s through what? Taxes,” Dangote said.

Saudi government owe many businesses that are thriving.

Ironfaceman:
That is tinibunomics. You haven't mentioned how much state collects and agberos collect.

So nah Tinubu regime Dangote started is Cement business bah??

We can now see the reason for the high cost of cement. Federal govt is responsible for the high cost of cement in Nigeria

erad:
Hatred and envy are very terrible mental issues. I call them mental issues because I don't believe rational people should possess such attributes.

Some people above me are suffering from those mental issues. They don't even understand what he's driving at in the article but their envy for dangote has already made them start tackling what he said.

For clarification purposes, dangote has no problem with whatever the government is making from his products, he's just stating one of the ways the government makes money without directly involving in business. He pushing for government building a more conducive environment so local investors can thrive and encourage foreign investors to come in thereby increasing how much the government makes.

Capisce?

Oga don't mind them.
It is a Nigerian thing to talk trash no matter what.

Dangote is not putting the record straight. Mr richest man is the 52k tax. U mine what belong to all of us and paid around 52% to over two hundred million people while only u take 42% yet u r lamenting.

This reminds me of Idris song 'tell your papa', how will things be easy for the populace when the government is in connivance with the capitalists in the major sectors of the economy, they will rather pay to dish out lies than alleviating the sufferings of the masses.

It is hard to believe that 52% of every naira made goes to the federal government. If Dangete Cement's turnover is 1 billion in a year, 52 million will go to the Government's purse

Lol. Lamentation

Because they didn't ban importation of fuel that he wants.

Keep lamenting. You just getting started

G0odharddick:
Why is this man lamenting?

He no wan pay tax before?

Fed Govt really helped dangote became even more wealthier

Read the news once again, with your eyeglasses on and you'd understand what he's saying.

iOYEN:
It is hard to believe that 52% of every naira made goes to the federal government. If Dangete Cement's turnover is 1 billion in a year, 52 million will go to the Government's purse

That 52% is just too small, he should pay higher than that

No wonder the price defies every economic logic to keep rising

dominique:
Even with that, you still became the richest man in Africa so what exactly is the issue?

He wasn't lamenting. He was trying to explain how government can make money from private sector without direct involvement in business. Read .....read .....man read.

G0odharddick:
Why is this man lamenting?

He no wan pay tax before?

Fed Govt really helped dangote became even more wealthier

Did you actually understood what dangote said n meant at all?

We have a system like those of the western nations, especially UK and US who fleece their people via taxes.
Problem here is why can't we be protected.....
Why the so called Agberos tactics?

The poor will see 52 kobo has nothing while the rich see it as a big deal and that's why the rich will always be richer and the poor will be poorer. You can't have in abundance what you don't value
Back to the topic , the amount is way too much and that's the reality most businesses are facing that makes them fold up. With this setup no investor will want to come and invest, Ghana & SA are growing fast because of low taxation and massive output in production.
Tinubu policy will crash Nigeria in the long run the only saving grace Nigeria is enjoying is bcs crude is still selling above 50 USD pbd anything below that even at 49 USD expect 1 USD = 2,300 NGN

erad:
Hatred and envy are very terrible mental issues. I call them mental issues because I don't believe rational people should possess such attributes.

Some people above me are suffering from those mental issues. They don't even understand what he's driving at in the article but their envy for dangote has already made them start tackling what he said.

For clarification purposes, dangote has no problem with whatever the government is making from his products, he's just stating one of the ways the government makes money without directly involving in business. He pushing for government building a more conducive environment so local investors can thrive and encourage foreign investors to come in thereby increasing how much the government makes.

Capisce?

Thank you, some people lack simple comprehension n are too influence by hate rather than rational thoughts.

So the govt is the highest beneficiary from high cost of cement?

Another secret leaked by dangote.

Yet this man built a refinery FG cannot afford even half of. That 52% is looted unlike your own thats re-invested.

In other words, the FG is the reason behind the high cost of cement, not Dangote. The FG can decide to raise the royalty on limestone, and boom, the cement price skyrockets.

thedio:
Dangote is not putting the record straight. Mr richest man is the 52k tax. U mine what belong to all of us and paid around 52% to over two hundred million people while only u take 42% yet u r lamenting.

you have points but he gathered his own To build a refinery while the 200m people represented by FG cannot even renovate one of the four refineries or build a new one. Infact Dangote should take 99k and the useless FG 1k.

Samogloby:
We can now see the reason for the high cost of cement. Federal govt is responsible for the high cost of cement in Nigeria

Correct!

Storyteller

And later they would lie to you that government was going broke.. that's why they have to increase fuel price and increase exchange rate to make more money

Do you know how much these people make from LNG every day..

bookson:
52kobo per every 1naira is huge

Over 50%

We now know that reason why successive governments refused to do anything about the exorbitant price of cement.

What Dangote won't tell you is that he does not own the minerals that produces cement but got the license from Federal Government to mine. Because of him others could not get the licenses

bookson:
52kobo per every 1naira is huge

Yes o, either he didn't capture it well or the amount is huge.

Isn't that more than 50% amount on a bag of cement?