Dangote Group speaks on Tinubu govt earning from every bag of cement

The Dangote Group has debunked rumours claiming that the President Bola Tinubu government earns revenue from every bag of cement sold in the country.

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The claim was circulated in a Facebook post and attributed to Africa’s richest man, Aliko Dangote.

It stated: “Tinubu’s government takes 52k from every N1 on cement.

“That is, N6,240 from every bag of cement. And they are still borrowing, what are they doing with the money?”

Reacting on Wednesday, the company shared a screenshot of the post on X and labelled it “Fake,” without further comment.

The rebuttal comes amid growing misinformation on social media and proliferating abuse of AI generated videos and images for political narratives.