Ogun Revenue Agency praises Dangote Cement for specimen …

● The role of honors as a higher industrial taxpayer

The Ogun State Internal Revenue Service (Ogirs) has formally praised the Ibese plant in concrete Dangoes for its suspended commitment for tax conformity and its constant role of a higher tax -paying industrial organization in the State.

Ogir, during a 12 mmtp cement plant in Ibese concrete led by his director, Field Operations, Mrs. Oluwaseun Olajubo praised the dedication of the company’s direction to fulfill its civic obligations, observing that the Ibese Cemento Dangote plant has set a reference point for corporate liability in the state of Ogun.

The agency also reiterated its commitment to strengthen partnerships with the main parties interested in the industrial sector of the state of Ogun, underlining the importance of collaboration in the guidance of sustainable economic growth and the generation of revenue.

Struck by Cemento Dangote, Ibese Plant’s tax credentials, Mrs. Olajube expressed satisfaction with the company and urged him not to abandon his guard, also looking for timely documentation and greater collaboration, in particular with the service office of Yewi service North Zonal.

He expressed the agency’s commitment to strengthen the alliance with the Ibese plant in the spirit of transparency, responsibility and mutual benefit and has reaffirmed its commitment to promote stronger partnerships with the main parts interested in the industrial sector of the state.

The head of the Revenue Service said: “The Ibese plant of Cemento Dangote continues to demonstrate excellence in tax conformity and we are proud to recognize their contribution to the economic development of our state”.

Ogirs has reiterated his commitment to promote an economic environment that rewards transparency and compliance while encouraging other companies to emulate the example given by Dangote Cement.

Receiving the Ogirs Team, Dangote Cement Ibese Plant Director, Ayyagari Subbaraidu, expressed the appreciation of the management to the Revenue Agency for the commitment and recognition shown with the visit.

The recognition gives concrete to the details, he said, it did not only concern the numbers: “These are leadership, integrity and positive impact of responsible corporate citizenship”,

The alleged fraudulent transfer of $ 44 million: the former boss-region threatens the cause against Ednut

He said that the praise of the Revenue Agency by the underlining have obtained the importance of the collaboration of the private sector in guiding the generation of sustainable revenues and supporting infrastructures and public services.

Subbaraidu said; “We recognize that tax revenues are the backbone of the economic development of the States and remain committed to supporting the principles of conformity, responsibility and transparency in all our commitments with ministries, departments and government agencies”.

The visit marks a significant step in strengthening the synergy of the public-private sector aimed at guiding sustainable development and economic growth in the state of Ogun.

Recall that the President and CEO of the Pan African conglomerate, Dangote Industries Limited (Dil), Aliko Dangote had revealed that the group had paid over N402 billion taxes in 2024, making it the highest taxpayer in the country.

The dissemination came in the wake of a series of prize recently awarded to the company and its branches as the best corporate organization for the taxpayers of the compliance of Nigeria and the winner of the Gold FMDQ award for being the most active company organization in the change market.

The Dil has been appointed the company organization most in accordance with Nigeria taxes, a development dance described as a testimony of its unwavering commitment for tax liability and transparency. In addition, the company was honored by FMDQ for its exceptional services as the most active corporate entity in the change market.

Federal Inland Revenue Service (FIRS), the nation tax regulators had during his special day at the Lagos International Fair on 2024 judged Dangote Industries Limited as the most compliant taxpayers in Nigeria.

His subsidiary, Cement Plc Dangote, in another development emerged as the largest commercial paper quotation on FMDQ and the largest company debt issue on FMDQ during his last Gold prize held in Lagos.

The FMDQ Gold Awards, (global competitiveness, operational excellence, liquidity and diversity), is a corporate tradition that recognizes the resilience and agility of the participants in the Nigerian financial markets.

The award recognizes the precious efforts of these interested parties, whose participation in the FMDQ markets and through the value chain of the infrastructure of the financial market of FMDQ activities – the exchange of securities, the central counterparty and the deposit – have positively modeled the market course and invariably have had an impact on the development of the Nigerian economy.

Related