Yesterday, Channels TV interviewed Dangote and asked why his cement and other locally produced goods are expensive. Here’s what he said:
“All the companies you know under me spend at least ₦95 billion every single month on diesel alone. The cement plant in Obajana alone consumes about 50 million litres of diesel every month. At the end of the year, our total diesel cost is over ₦1 trillion annually. That’s not a small amount that people can ignore. So the cost of our products, especially cement, has to be high because from production to distribution, we rely heavily on diesel.”
That was Dangote’s explanation.
Now think about it. A man spending over ₦1 trillion yearly just on diesel, not even counting maintenance, staff salaries, allowances, taxes, and other expenses. Do you even understand what ₦1 trillion means? 😒
For comparison, Jigawa State with a population of over 8.2 million has never had a ₦1 trillion budget till today.
With all this wealth, Dangote still has just his three daughters. May God protect us from poverty in this world and the hereafter. 👌
Hotuna: Yadda ma’aikatan ƙananan hukumomi na Jihar Borno suka yi amfani da damar bikin Ranar Ma’aikata ta 2026 wajen gudanar da zanga-zanga kan rashin aiwatar da sabon mafi ƙarancin albashi na ₦70,000 a jihar.
If this post get 3million views, I will share 1 million naira each to 7 people on the last day of
Ramadan, make sure you're following me also drop your account details, like an reposts Malami for Governor.