Dangote companies pay N104.74 billion in taxes in 9 months
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Verified Synthesis~56s readCompanies associated with Nigerian billionaire Aliko Dangote recorded a combined N104.74 billion in tax payments during the nine months ended September 30, 2026, according to figures from their financial statements. The amount represents a 15.5% decline from the N123.97 billion reported in the corresponding period of 2025, reflecting lower cash tax payments by Dangote Cement despite an increase recorded by NASCON Allied Industries.
Context & Background
- ✦An analysis of the companies’ cash flow statements shows that Dangote Cement accounted for the largest share of reported tax payments, contributing N97.74 billion, or approximately 93.3% of the combined total.
Key Figures & Named Entities
2026:Companies associated with Nigerian billionaire Aliko Dangote recorded a combined N104.74 billion in tax payments during the nine months ended September 30, 2026, according to figures from their financial statements.2025:The amount represents a 15.5% decline from the N123.97 billion reported in the corresponding period of 2025, reflecting lower cash tax payments by Dangote Cement despite an increase recorded by NASCON Allied Industries.93.3%:An analysis of the companies’ cash flow statements shows that Dangote Cement accounted for the largest share of reported tax payments, contributing N97.74 billion, or approximately 93.3% of the combined total.
Outlook & Next Steps
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Key Takeaways
Verified Extract- Companies associated with Nigerian billionaire Aliko Dangote recorded a combined N104.74 billion in tax payments during the nine months ended September 30, 2026, according to figures from their financial statements.
- The amount represents a 15.5% decline from the N123.97 billion reported in the corresponding period of 2025, reflecting lower cash tax payments by Dangote Cement despite an increase recorded by NASCON Allied Industries.
- An analysis of the companies’ cash flow statements shows that Dangote Cement accounted for the largest share of reported tax payments, contributing N97.74 billion, or approximately 93.3% of the combined total.
Key Facts:2026: Companies associated with Nigerian billionaire Aliko Dangote recorded a combined N104.74 billion in tax payments during the nine months ended September 30, 2026, according to figures from their financial statements.2025: The amount represents a 15.5% decline from the N123.97 billion reported in the corresponding period of 2025, reflecting lower cash tax payments by Dangote Cement despite an increase recorded by NASCON Allied Industries.93.3%: An analysis of the companies’ cash flow statements shows that Dangote Cement accounted for the largest share of reported tax payments, contributing N97.74 billion, or approximately 93.3% of the combined total.6.7%: NASCON Allied Industries followed with N7 billion, representing the remaining 6.7%.
Editorial Excerpt
Companies associated with Nigerian billionaire Aliko Dangote recorded a combined N104.74 billion in tax payments during the nine months ended September 30, 2026, according to figures from their financial statements.
Frequently Asked Questions About This Story
What is the latest development regarding Cross River State?
Companies associated with Nigerian billionaire Aliko Dangote recorded a combined N104.74 billion in tax payments during the nine months ended September 30, 2026, according to figures from their financial statements.
Who are the key organizations or public figures mentioned?
The primary parties identified in this coverage include Cross River State, Lagos State, Calabar.
What timeline or key figures were confirmed?
Companies associated with Nigerian billionaire Aliko Dangote recorded a combined N104.74 billion in tax payments during the nine months ended September 30, 2026, according to figures from their financial statements.
