…honours Tinubu with Refinery Road naming
Dangote commended President Tinubu for his leadership, describing him as a “courageous reformer.”
By Deborah Hassan
365Daily – In a moment of high praise and national pride, the President of the Dangote Group, Aliko Dangote, on Saturday informed President Bola Ahmed Tinubu that his conglomerate paid N450 billion in taxes to the federal government in 2024, making it the single largest tax-paying entity in Nigeria.
Speaking during a high-level meeting attended by top government officials and industry stakeholders, Dangote said the company’s tax contributions surpassed those of all Nigerian banks combined. He also announced a further commitment of N900 billion towards the construction of road infrastructure across the country.
“Despite the heavy tax obligations, our group remains committed to national development,” Dangote declared, noting that the ongoing infrastructure projects are part of the federal government’s tax credit scheme.
Among the major projects under the scheme is the Deep Sea Port Access Road, which forms part of an ambitious 500-kilometre network of roads funded by the Dangote Group. The roads, including two in Borno State, are expected to open up critical trade routes between Nigeria and neighbouring Chad and Cameroon.
Dangote commended President Tinubu for his leadership, describing him as a “courageous reformer” whose policies have restored investor confidence in Nigeria’s private sector.
In a particularly symbolic gesture, Dangote announced that the main road leading into the expansive Dangote Petroleum Refinery & Petrochemicals complex will now bear the name Bola Ahmed Tinubu Road in honour of his visionary role in bringing the refinery project to life.
“The Dangote refinery complex is, in many ways, your brainchild,” Dangote told President Tinubu. “Mr President, let me just say one thing — the main road leading into our refinery is now to be known as Bola Ahmed Tinubu Road.”
The announcement drew a standing ovation from dignitaries present as President Tinubu rose to shake hands with Dangote, marking a moment of mutual respect between Nigeria’s most powerful public official and its most prominent industrialist.
With the twin milestones of record-breaking tax payments and massive infrastructure investments, the Dangote Group continues to cement its role not just as a business juggernaut but as a central force in Nigeria’s economic transformation.