Dangote Industries Limited (DIL) has signed a landmark US$4.2 billion, 25‑year natural gas supply agreement with China’s GCL Group to power its fertilizer megaproject in Ethiopia.
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 Dangote Group has commended President Bola Ahmed Tinubu for his swift and decisive intervention in resolving the industrial dispute that threatened to disrupt operations at the multi-billion-dollar Dangote Petroleum Refinery.
The Nigeria Labour Congress (NLC) has ordered full-scale mobilisation of its affiliate unions for a nationwide strike against what it described as Dangote Group’s “deliberate anti-worker crusade” and disregard for Nigeria’s labour laws.
Ethiopian Investment Holdings (EIH), the strategic investment arm of the Government of Ethiopia, and Dangote Group have signed a comprehensive shareholders’ agreement to develop, construct, and operate a world-class urea fertilizer production complex in Gode, Ethiopia.