Dangote Group Dismisses Rumour That Tinubu Govt Profits from Cement Sales

The Dangote Group has dismissed a viral claim that President Tinubu’s administration earns 52 kobo from every naira on cement, or ₦6,240 per bag. The company shared the alleged post on X and labelled it “Fake.” This rebuttal highlights growing concerns about misinformation and AI-generated political narratives online. Meanwhile, Dangote has been included on TIME Magazine’s 2026 list of the world’s 100 most influential figures. He is the only Nigerian in the “Titans” category, marking his second appearance after 2014. TIME praised his contributions to Africa’s industrialisation through investments in cement, agriculture, infrastructure and energy.

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