NIGERIA: DANGOTE TO BECOME LEADING FX GENERATOR
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- čas přidán 26. 08. 2024
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Dangote pay 52% of his profits to government as tax, he pays N900 million VAT daily/ N27 billion monthly. N170 billion corporate tax annually and N30 billion withholding tax. This is on top the over 70,000 direct job he provided Nigerians. Imagine paying 52% of your profits for politicians to turn it into their allowances.
May this man live long, Africa needs him.
We Africa need to support our own citizens and people 😊
Say it again... louder please!
Looking at the last part of Dangote speech when he talks about tax, i wonder what our government do with this money this are heavy figures
What they do? They steal it share the balance as allowances
@@James_150 😂
😂😂 accurate
God bless Aliko Dangote more( he is blessed already). Some people may not like him but he is trying. He should go into steel production and investment in healthcare like building world class hospitals in Kano, Abuja, Lagos or Ibadan in SW and Port Harcourt and Enugu in the Southsouth and Southeast respectively.
Should he leave anything fur the actual government to do?
The logic behind Nigerian tax is funny. How can businesses prosper with this kind of crazy tax regime. Dangote basically created his own wealth without government help in terms of stable electricity, ports & infrastructure. Yet they still tax the hell out of him. Tax reforms is needed.
He is paying the monopoly tax
Our own Bereke is on attendance
"TO WHOM MUCH IS GIVEN MUCH MORE IS EXPECTED. INNOVATIVE CONGRATULATIONS 👏." ❤🇳🇬❤
FIRS Where is the Tax money paid by Dangote??
200 billion naira, more than all banks together.
how much tax did you pay to nigeria?
It not tax , dangote is paying them return on investment, those crook invested stolen Nigeria money in Dangote business and he paying them their profit
the more something get hyped the worse it gets sadly that what i have learned THE DOLLAR stand at 1600 Naira - a year ago it was 400 Naira
400 was a false narrative!!!
At what cost to the Naira and populace
please the tax paid by Dangote whats it used for by the government?😊
cars and lavish lifestyles
Tinubu's retirement fund.
We’ll make dem wetin dem like 😂😂 naa Wetin white pple cause
What about the price of cement
Oh. Dangote wants to export 85% of his products and only sell 15% in Nigeria
And what's wrong with that?
Did you invest to profit or to lose money? I just pray we’ve enough to use in the country.
according to calculations, that would be enough to meet the needed amount
What amount of crude is your NNPC able to supply his refinery? You want him to import crude from Texas, USA, refine it, and sell at government induced prices, right? You think he is father christmas, right? He borrowed money to build these businesses and will have to pay back in USD. Let the govt get its refineries working to compete with Dangote.
Did you listen to him 8:00
How can your domestic consumers pay more for products manufactured locally, doesn't make any sense. So what are the advantages for local consumers aside from paying taxes.
Have you thought of the employment generation ?
Yes, employment and the impact of money circulation in local economy
isit surprising?? isnt this why we need manufacturing? this is not magic! its 4king common sense
Nigeria is going down only one company dangota monopolizing Nigeria, this is not a good
Bro lets encourage other Nigerian billionaires to do same instead of junketing the globe and posting on social media.
Let others build industries like Dangote did. He is a great patriot and a national hero. Abeg, b4 you insult me, I am Igbo but I know his worth to the Nigerian economy, and therefore support him with my full chest. Well, I have always done so for the last 30yrs.
I would be more than happy to be monopolized by a company owned by a native rather than a local company owned by a foreigner
Do you mean that one company is keeping Nigeria afloat?
@@listenup2882maybe he doesn't know that's why he's saying that
Igbos make up more than 60% of his non governmental customers. Why does he not have a single plant in Igboland ?
ports is a simple reason, and he was already based in lagos so it makes more sense financially. Can Nigerians stop making everything a tribal war
Your thought is sickening. He is from Kano. Why did he not locate the refinery there? He is a global entrepreneur who deploys his funds based on rational economic considerations. Can we stop being petty. Tell your governors to engage and entice him with incentives to invest in their states. Texas lobbied Elon Musk with incentives to move some of his business from California. This is what federalism is all about. Governors in Nigeria should get creative and start creating the conditions and incentives that will attract investors to their respective states. They need not wait for the Abuja. Alex Otti of Abia is already doing this.
Why would you think in terms of tribes instead of a location? That is why it is easy to be controlled by an outsider.
Where did you source that stats from? Or it's "we should believe cuz you said it"..
I do not get your stats