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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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Special Report: Ram Prices Drop But Sales Remain Slow Along Mararaba/Karu Axis

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By Yusuf Danjuma Yunusa

Over the weekend, ram dealers along the Mararaba/Karu axis of Abuja lamented low patronage as the Eid-el-Kabir festival approaches.

Alhaji Ibrahim Babangida Umar, one of the dealers who spoke with our correspondent, disclosed that the price range for rams this year has reduced compared to last year’s prices.

“The highest price for the rams here currently is 800,000 naira, which is lower than what we charged last year,” he said.

He also noted that at this same period last year, customers had already started trooping in to purchase three to four rams each.

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“This time last year, our customers had started coming in to patronise us. You would see just one person buying three to four rams to share with his friends and relatives,” Umar said.

However, he stated that they remain hopeful as Eid-el-Kabir draws nearer, citing the tradition of some people buying rams a day before the celebration.

“But we’re hopeful. Maybe from Monday till the Eid day, which is Wednesday, customers will have started coming in to patronise us. You know, some of these customers like buying rams late, and others live in rented apartments where they wouldn’t want to inconvenience their neighbours,” Alhaji Ibrahim explained.

Eid-el-Kabir is an occasion in Islam marked by rituals that include performing Hajj (pilgrimage), fasting on the ninth day of the Islamic month of Dhul-Hijja, and slaughtering rams on the tenth day for those at home who did not travel for the pilgrimage.

Amid the daunting economic situation Nigerians are currently facing, Muslims are beginning to doubt the serenity with which this year’s Eid will be celebrated.

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Kano Hajj Medical Team Commended for Commitment to Pilgrims’ Healthcare in Saudi Arabia

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By: Lamara Garba

The medical team deployed by the Kano State Pilgrims Welfare Board for this year’s Hajj exercise in the Kingdom of Saudi Arabia has continued to receive commendation for its commitment and dedication to the healthcare needs of pilgrims.

The team, headed by Dr. Ibrahim Musa, has established clinics in all the seven major houses accommodating pilgrims from Kano State in Makkah to ensure easy access to medical care throughout the Hajj period.

The Kano medical team operates in collaboration with the National Hajj Commission of Nigeria (NAHCON) medical mission, working in synergy with the national healthcare structure put in place for Nigerian pilgrims in Saudi Arabia.

Speaking to reporters in Makkah, Dr. Ibrahim Musa explained that the Kano team remains fully integrated into the broader NAHCON medical framework, which coordinates healthcare services for Nigerian pilgrims and facilitates collaboration with Saudi health authorities.

According to him, the arrangement has enabled the team to provide prompt and efficient healthcare services while ensuring that patients requiring further medical attention are properly referred through the established Saudi healthcare referral system.

He disclosed that most of the cases being attended to involve minor ailments such as joint pains, malaria, catarrh, fatigue, and routine complications among diabetic and hypertensive patients, many of whom require medication adjustments due to the weather and physical demands of the Hajj exercise.

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“We attend to patients promptly, provide necessary treatment, and where additional attention is required, referrals are made seamlessly through the appropriate channels in collaboration with NAHCON and Saudi medical facilities,” he stated.

Dr. Ibrahim Musa further revealed that the Kano State Government procured adequate drugs and medical consumables to cater for the health needs of pilgrims throughout their stay in the holy land.

He noted that beyond the fixed clinics established in the major accommodation centres, the medical team also operates a decentralised and mobile healthcare service to cater for pilgrims residing in a few outlier accommodations located away from the main clusters.

According to him, the mobile arrangement has significantly improved accessibility and ensured that no pilgrim is left unattended regardless of location.

Dr. Ibrahim Musa also expressed profound appreciation to the Governor of Kano State, Alhaji Abba Kabir Yusuf, for providing the necessary support and enabling environment for the medical team to function effectively during the Hajj exercise.

He stated that the successes recorded so far were largely due to the Governor’s commitment to the welfare of pilgrims, particularly in the areas of healthcare support, provision of drugs, logistics, and personnel deployment.

Also speaking, one of the medical doctors attached to the team, Dr. Ashiru Muhammad Sumaila, expressed satisfaction with the level of preparation made for the medical mission.

He explained that adequate drugs, medical equipment, and personnel were made available to support effective healthcare delivery during the Hajj exercise.

Dr. Ashiru Muhammad Sumaila particularly commended the team leader, Dr. Ibrahim Musa, for providing effective coordination and leadership, which he said has enhanced smooth medical operations across all the accommodation centres.

He added that the strong teamwork among the healthcare personnel, combined with support from NAHCON and Saudi health authorities, has contributed immensely to the smooth handling of medical cases involving the pilgrims.

The medical team also advised pilgrims to continue observing health guidelines by staying hydrated, taking prescribed medications regularly, avoiding unnecessary exposure to extreme heat, and maintaining proper hygiene during the Hajj rites.

Some of the pilgrims who spoke with our correspondent praised the medical team for their accessibility, professionalism, and prompt response to health concerns, describing their presence as reassuring and comforting throughout the spiritual journey.

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Over 1.5 million Pilgrims Converge at the Sacred Saudi Masjid for Hajj Surpassing 2025 Record

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By Yusuf Danjuma Yunusa

Over 1.5 million pilgrims have arrived in Saudi Arabia from outside the kingdom for the upcoming hajj, according to a Saudi official, exceeding the number of international visitors last year despite the war in the Middle East.

The conflict triggered by the US and Israeli strikes on Iran in late February saw Tehran order waves of strikes on targets in Saudi Arabia and across the Gulf, prompting widespread air traffic disruptions and causing travel costs to surge.

Major Gulf airlines in the UAE, Qatar, and Bahrain have worked to quickly restore much of their operational capacity after weeks of airspace closures and flight cancellations.

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Despite the complications, pilgrims have continued to flock to Saudi Arabia to participate in this year’s hajj.

“The total number of pilgrims arriving from abroad has reached 1,518,153,” Saleh Al-Murabba, the commander of Saudi Arabia’s Hajj Passport Forces, told a press conference late Friday.

These figures are expected to rise further over the next two days as pilgrims continue to arrive from abroad ahead of the formal rituals that mark the beginning of the hajj on Monday.

Last year, the total number of pilgrims at the hajj reached 1,673,320, including 1,506,576 from outside Saudi Arabia.

The hajj, one of the five pillars of Islam, must be performed at least once by all Muslims with the means.

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