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Dangote named most tax complaint business organizations by FIRS

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L- R, Dangote Ports Managing Director, Akin Omole, Dangote Industries ltd, Group Head, Strategic Tax & Compliance, Dr.Titilayo Fowokan, receiving the Federal Inland Revenue Service(FIRS)’s Most Compliant Taxpayer Award from the FIRS Director, Tax Payers Service Department, Dr. Loveth Onanuga; FIRS Tax Controller Large Taxpayers Office, Ikeja Lagos, Abisola Olabiyi; FIRS State Administration Lagos Mainland, Ishola Akingbade,at the presentation of the award in Lagos at the weekend.

It was a season of award at the weekend for the Dangote Group and its subsidiaries following their recognition as best Nigeria’s best compliant tax payer business organization and FMDQ Gold award winner for being the most active corporate organization in the foreign exchange market.

Dangote Indusries Limited (DIL) and Bluestar Shipping, a subsidiary, were recognized as the most compliant in tax payment in the country ahead of the MTN Communication while the country’s leading cement manufacturer, Dangote Cement Plc at another occasion won three awards at the FMDQ Gold Awards held in Lagos.

During the Special Day of the Federal Inland Revenue Service (FIRS) at the just concluded Lagos International Trade Fair, the nation’s tax regulators adjudged Dangote Industries Limited as the most compliant taxpayers in Nigeria.

In another development, Dangote Cement Plc emerged as the Largest Commercial Paper Quotation on FMDQ and Single Largest Corporate Debt Issue on FMDQ. Dangote Industries Ltd also emerged as the “Most active corporate in the foreign exchange market”.

The FMDQ GOLD Awards, (Global Competitiveness, Operational Excellence, Liquidity and Diversity), is a corporate tradition that recognises the resilience and agility of the Nigerian financial markets’ participants.

The award acknowledges the valuable efforts of these stakeholders, whose participation in the FMDQ markets and across the financial market infrastructure value chain of FMDQ’s businesses – Securities Exchange, Central Counterparty and Depository – have positively shaped the course of the markets and invariably impacted the development of the Nigerian economy.

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Two companies from the Dangote stable, Dangote Cement and Blue Star Shipping were recognised at the weekend by the Federal Inland Revenue Service (FIRS) as being among the most compliant taxpayers. As part of its Special Day activities at the 2024 Lagos International Trade Fair, the FIRS celebrated several business organisations for their high levels of tax compliance.

Dangote Cement was recognised in the biggest taxpayer category in the part of the programme tagged “FIRS compliant taxpayers awards and recognition”. Several speakers at the event including FIRS State Administration Lagos Mainland, Ishola Akingbade, who represented the Chairman of FIRS commended these companies for their high levels of compliance which makes tax administration easy.

Head of Tax Compliance at Dangote Industries Ltd, Dr. Titi Fowokan speaking on the journey leading to the recognition by FIRS  stated that “Dangote as a Group has a Tax Policy that is based on zero tolerance for tax non-compliance. As good corporate citizens, we comply with all relevant laws, including tax laws. Also, complying with the tax payment statutory deadlines ensures that we do not fall foul of the law, which stipulates penalties for non-compliance.”

We pride ourselves in the Dangote Brand and seek to promote a tax compliance culture, which demonstrates our corporate responsibility to the government for the provision of public goods and services for the citizens”, she added.

Fowokan explained that the company as part of steps to achieve compliance maintained its best practice tax governance culture, ensured ⁠accurate tax computation and timely remittance to avoid penalties & interest arising from tax compliance defaults. She affirmed that these steps helped to minimise tax audit risks & avoid incidence of tax litigations.

Dangote Industries Limited (Dangote Group) is one of Africa’s largest industrial conglomerates. It is a diversified and fully integrated conglomerate. It has been a key investor in the Nigerian economy. The Group’s interests include cement, sugar, salt, fertiliser, agriculture, transport, packaging and real estate, the oil and gas, petrochemical, and steel sectors of the economy.

The core business focus of the Group, which started operations in 1978, is to provide local, value-added products and services that meet the ‘basic needs’ of the populace. Through the construction and operation of large-scale manufacturing facilities in Nigeria and across 17 other African countries, Dangote Group is focused on building local manufacturing capacity to generate employment, prevent capital flight and provide locally produced goods for the people.

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Kaduna 2027: Governor Uba Sani Replaces Deputy, Names Jerry Adams as Running Mate

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By Yusuf Danjuma Yunusa

In a major political realignment ahead of the 2027 governorship election, Kaduna State Governor Uba Sani has officially nominated the Chairman of the Kaduna State Internal Revenue Service (KADIRS), Jerry Adams, as his new running mate.

The announcement, made on Tuesday via a personally signed statement, effectively signals the end of the ticket with the current Deputy Governor, Hadiza Balarabe, who also served as Deputy to former Governor Nasir El-Rufai during his second term.

Governor Sani framed the decision as more than a political calculation, describing it as a “reaffirmation” of his administration’s core philosophy of inclusive governance.

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“This decision is far greater than the selection of a deputy governorship candidate. It is a reaffirmation of the values that have guided our administration since I took the oath of office on 29 May 2023; the values of inclusion, justice, fairness, equity and the unwavering conviction that every citizen of Kaduna State deserves a genuine sense of belonging,” the Governor stated.

Addressing the state’s complex socio-political landscape, Sani noted that Kaduna’s rich diversity in ethnicity, religion, and culture should be a source of strength rather than division. He reflected on the state’s history, emphasizing the need to learn from past conflicts.

“Our history has taught us difficult lessons about the heavy cost of division, mistrust and exclusion. Yet it has also shown us that when we choose dialogue over discord, inclusion over alienation and justice over prejudice, our people achieve extraordinary things together,” he added.

The Governor touted his administration’s track record over the last three years as evidence of this commitment, citing equitable distribution of developmental projects across the state’s 23 local government areas. Key sectors highlighted include road infrastructure, education, healthcare, agriculture, water supply, rural development, and social protection programs.

The nomination of Jerry Adams, who currently oversees the state’s revenue generation, signals a potential shift in the administration’s focus toward economic consolidation and fiscal expansion as it prepares for the 2027 electoral contest.

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No Sin in Politics’ Wike Says as Fubara Returns to Rainbow Coalition

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By Yusuf Danjuma Yunusa

FCT minister Nyesom Wike has welcomed the return of Governor Siminalayi Fubara to his political side, declaring the latter has corrected his mistakes.

He said this in Abuja on Tuesday after inspecting the project, alongside the ongoing construction of the service carriageways of the Southern Parkway in Gaduwa District, Abuja.

Reacting to the Rivers governor’s recent declaration about his return to the Rainbow Coalition and pledge of complete loyalty to President Bola Tinubu’s re-election, Mr Wike said, “There is no sin in politics.”

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The minister further stated, “If someone realises he made a mistake and decides to correct it, there is nothing wrong with that.

“What matters is recognising that you were on the wrong path and deciding to take the right path.”

The minister, who welcomed Mr Fubara back into his political fold, insisted that the governor had “no other choice” than to return to the political family that brought him to power.

Mr Wike explained that the Rivers governor’s decision to align with his political camp publicly was a step in the right direction, adding that the reconciliation would strengthen support for Mr Tinubu ahead of the 2027 elections.

“I said during my last media chat that he had no other choice but to return to the same political family that produced him,” Mr Wike stated.

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Aminu Magashi Donates Relief Materials to Bichi Female Rehabilitation Centre Inmates

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The Technical Adviser to the Kano State Ministry of Humanitarian Affairs and Poverty Alleviation, Dr. Aminu Magashi Garba, has donated relief materials, including blankets, food items, and essential drugs, to inmates of the Bichi Female Rehabilitation Centre following the destruction caused by a recent rainstorm.

Dr. Magashi made the donation during a visit to the facility on Sunday, July 26, accompanied by officials of the Kano State Emergency Management Agency (SEMA), led by its Executive Secretary, Alhaji Isyaku Abdullahi Kubarachi.

The visit followed a heavy rainstorm that damaged parts of the rehabilitation centre, leaving several buildings in need of urgent repairs. During the inspection, Dr. Magashi interacted with staff and female inmates while assessing the extent of the destruction.

He observed that the rainstorm had blown off the roofs of several female accommodation blocks, while sections of the perimeter fence had collapsed, creating serious safety and security concerns for the facility.

In response to the situation, Dr. Magashi commended the Kano State Emergency Management Agency for its swift intervention, particularly the decision to temporarily relocate all female inmates to a dedicated and secured section within the Bichi Male Rehabilitation Centre.

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According to SEMA, the temporary relocation was undertaken to safeguard the lives and welfare of the inmates while rehabilitation and reconstruction of the damaged facility are carried out.

Dr. Magashi described the agency’s response as timely and necessary, noting that the safety and well-being of vulnerable persons in government care should remain a top priority.

He also pledged to support SEMA and the Ministry of Humanitarian Affairs and Poverty Alleviation in convening a strategic stakeholders’ meeting aimed at reviewing the incident and strengthening emergency response mechanisms across rehabilitation centres in the state.

The meeting, he said, would provide an opportunity to mobilize additional support from government institutions, non-governmental organizations, and development partners to improve SEMA’s capacity in managing the 13 rehabilitation centres under its supervision.

Dr. Magashi highlighted his continued commitment to supporting humanitarian interventions across Kano State, recalling that he had previously visited six of the state’s 13 rehabilitation centres where he donated drugs and food items to inmates.

He added that he had also sponsored a one-day capacity-building training for health workers serving in the rehabilitation centres to improve healthcare delivery to inmates.

The Technical Adviser expressed appreciation to the Executive Governor of Kano State, Engr. Abba Kabir Yusuf, for appointing him to serve in the Ministry of Humanitarian Affairs and Poverty Alleviation, pledging to continue supporting initiatives that improve the welfare of vulnerable residents across the state.If you’d like, I can also make it follow the exact Nigerian Tracker house style with a stronger lead, subhead, and editor-ready formatting.

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