
Aliko Dangote says the federal government earns 52 kobo from every N1 generated by his cement company — a figure he uses to defend private-sector-led growth and push for better business conditions.
- Dangote says the FG earns over half of every naira made by Dangote Cement.
- Describes this as proof of how much the government benefits from private businesses.
- Urges authorities to focus on tax incentives and ease of doing business.
- Cites the U.S. oil sector as a model — the government makes money without direct ownership.
- Emphasises the need for local investor success to attract foreign capital.
Dangote’s comments reflect frustration felt by many Nigerian businesses: high taxes, tight regulation, and little support. He isn’t just defending profits; he’s warning the government that growth doesn’t come from squeezing the private sector. His comparison with the U.S. model shows how countries can profit through smart policy, not control. Nigeria’s economic recovery may depend on how well it listens to voices like his.
If the government gains 52%, shouldn’t it be doing more to make business easier? Dangote’s challenge is clear, support us, and we’ll keep building Nigeria.