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Ogun Praises Dangote Cement for Exemplary Tax Compliance

Dangote Cement Stocks

Leading cement maker, Dangote Cement Plc, has been commended by the Ogun State Internal Revenue Service (OGIRS) for being a responsible corporate citizen, which contributes immensely to the development of the state by prompt payment of its taxes.

The revenue agency for the Gateway State said it was pleased with the consistent role of the cement miller as the highest tax-paying industrial organisation in the state.

The Director of Field Operations for OGIRS, Mrs Oluwaseun Olajube, while on a familiarisation tour of the 12mmtp Dangote Cement plant in Ibese, said the firm has set a benchmark for corporate responsibility and financial transparency in Ogun State, urging it not to drop its guard.

She expressed the agency’s commitment to strengthening alliance with the Ibese Plant in the spirit of transparency, accountability, and mutual benefit and reaffirmed its commitment to fostering stronger partnerships with key stakeholders in the state’s industrial sector.

“Dangote Cement Ibese Plant continues to demonstrate excellence in tax compliance, and we are proud to acknowledge their contribution to the economic development of our state,” she stated, reaffirming the commitment of the tax collector to fostering a business-friendly environment that rewards transparency and compliance.

In his remarks, the Dangote Cement Ibese Plant Director, Mr Ayyagari Subbaraidu, said the company would continue to contribute to the growth of Ogun State.

“We recognise that tax revenue is the backbone of economic development of States and remain committed to upholding the principles of compliance, accountability, and transparency in all our engagements with Ministries, Departments and Agencies of government,” Mr Subbaraidu said.

Recall that the chief executive of Dangote Industries Limited (DIL), Mr Aliko Dangote, had disclosed that his organisation paid over N402 billion in taxes in 2024 to the government, making it the highest taxpayer in the country.