The projected N900 billion tax contribution by the Dangote Group in 2025 has generated excitement within federal circles not merely because of the size of the figure, but because of what it represents: a structural shift in Nigeria’s fiscal culture. When a conglomerate founded by Aliko Dangote contributes close to a trillion naira in taxes in a single year, it signals that something deeper is happening beneath the surface of Nigeria’s public finance architecture.
The Federal Government has secured 200 hectares of land within the Lekki Free Trade Zone, Lagos, for a building materials hub to reduce housing production costs.
The Nigeria Customs Service (NCS) has made significant seizures of undeclared cash at various airports across the country between January and July 2025, totalling $2.209m.
After an 11-year hiatus, Julius Berger has resumed infrastructure development in the Abuja Centenary City, following the contract signing ceremony for Phase 1 of the project’s primary infrastructure development.
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has called on the new management of the Nigeria Deposit Insurance Corporation (NDIC) to bring their diverse experience to bear on the running of the corporation.