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The latest data from the National Bureau of Statistics (NBS) reports that Nigeria’s Gross Domestic Product (GDP) grew by 3.40% in 2024, marking an increase from the 2.74% growth recorded in 2023—a positive difference of 0.66%.
Dangote’s Chief Branding and Communication Officer, Anthony Chiejina, said that Dangote Industries Limited (DIL) and its subsidiaries, including Dangote Cement, NASCON, and Dangote Packaging Limited, collectively remitted a total of N402.319 billion in taxes for the year under review.
Dangote Group continues to grow its focus on becoming the leading provider of essential needs in Food and Shelter in Sub-Saharan Africa. Its vision is to be a world-class enterprise, passionate about the quality of life of the general populace and high returns to stakeholders. The mission is to touch the lives of people by providing basic needs. It continues to sustain and improve market leadership in Cement Manufacturing, Sugar Milling, Sugar Refining, Port Operations, Packaging Material Production and Salt Refining.
Meanwhile, the National Bureau of Statistics (NBS) reports that Nigeria’s Gross Domestic Product (GDP) grew by 3.40% in 2024, marking an increase from the 2.74% growth recorded in 2023—a positive difference of 0.66%.
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The Medium-Term Macroeconomic Framework (MTEF) for 2025-2027 projects a GDP growth rate of 4.6% in 2025. The major driver of this growth is the non-oil sector, which expanded by 3.27% in 2024 compared to 3.04% in 2023.