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Beyond Profit: How Dangote Group Is Redefining the Soul of African Business

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By Abiodun Alade

When Africa’s wealthiest man, Aliko Dangote, speaks about business, the world often expects to hear numbers — billions invested, factories built, or jobs created.

But when he recalls the lesson that guides his empire, it is disarmingly simple, “The soul of business is not in making more money, but in making people happy.”

That singular belief has quietly defined one of the most remarkable corporate success stories on the continent.

At a time when global capitalism is often measured purely by profit margins and shareholder value, the Dangote Group has built its legacy on a different foundation — human impact.

Across cement plants, fertiliser fields, sugar refineries, and now Africa’s largest oil refinery, the Group has pursued a bold mission: to turn enterprise into empowerment, and to make prosperity a collective experience, not a private privilege.

Building Industries That Empower Nations

The Dangote Group’s footprint today stretches across multiple strategic sectors, including cement, sugar, salt, fertiliser, and petroleum refining, employing tens of thousands of people across Africa. But beyond its industrial scale lies a consistent thread, which is, every investment is designed to solve a real problem and improve everyday life.

Before the rise of Dangote Cement, many African nations, including Nigeria, relied heavily on imported cement. Prices were unstable, and local infrastructure projects often stalled. Dangote’s entry changed that equation. By establishing world-class cement plants across the continent, the Group not only reduced import dependence but also made housing and construction more affordable, directly supporting millions of builders, traders, and transporters.

Similarly, the Dangote Fertiliser Plant, the largest in Africa, is transforming agriculture by boosting yields, reducing the high cost of imported fertiliser, and promoting food security. It has enabled farmers to earn higher incomes and has strengthened Nigeria’s capacity for sustainable agricultural growth.

Now, the Dangote Petroleum Refinery, a $20 billion facility in Lagos’ Lekki Free Zone, is rewriting the story of Africa’s energy independence. For decades, Nigeria exported crude oil only to import refined petrol at immense cost. Dangote’s refinery is changing that narrative, ensuring that Africans benefit directly from their own resources. The plant is expected to save billions in foreign exchange, stabilise domestic fuel supply, and create more than 100,000 direct and indirect jobs.

These are not abstract statistics; they represent real lives transformed — proof that business, when done with purpose, can become an instrument of national and regional development.

Putting People Before Profit

Within the Dangote Group, this people-first philosophy runs deep. The company’s approach to human capital development is built on continuous training, workplace safety, and professional growth. From truck drivers and plant technicians to engineers and senior managers, every employee is viewed as a partner in progress.

This commitment extends beyond the factory gates through the Aliko Dangote Foundation (ADF). Dangote is quietly building one of the continent’s most impactful philanthropic legacies through the ADF — a charity that now rivals global development agencies in scale and reach.

Founded in 1994, the Foundation has grown into sub-Saharan Africa’s largest private philanthropic organisation, focusing on health, nutrition, education, and economic empowerment. Its mission is simple yet ambitious: to lift millions out of poverty and improve the quality of life across the continent.

Over the years, ADF has been at the centre of some of Africa’s most ambitious health campaigns. In partnership with the Bill & Melinda Gates Foundation, it has supported polio eradication and routine immunisation programmes in northern Nigeria, Chad and Niger Republic. It has renovated hospitals, built new health centres in Yobe and Kano States, and installed more than 200 solar-powered boreholes to provide safe water for rural communities.

The Foundation’s $100 million Integrated Nutrition Programme targets over one million malnourished children across Nigeria through fortified foods, community nutrition campaigns, and the production of ready-to-use therapeutic foods. It also runs large-scale feeding schemes serving thousands daily in Kano and Lagos. During the COVID-19 pandemic, ADF co-led the Coalition Against COVID-19 (CACOVID), mobilising billions of naira in private-sector support to strengthen testing, equip isolation centres, and provide relief to millions of households.

Education has been another major pillar. The Foundation funded the N1.2 billion Dangote Business School at Bayero University, Kano, and donated modern hostels to universities in Zaria, Kano, and Ibadan. It has also built and renovated primary and secondary school blocks across Lagos and Edo States, improving access for thousands of pupils.

In economic empowerment, ADF’s Micro-Grant Programme has provided over N3.9 billion to nearly 553,000 women and youths in 11 states, offering small seed capital to boost rural enterprise.

ADF has also delivered large-scale humanitarian relief in crisis zones. In Borno State, it built the Dangote Village — 200 fully furnished houses for internally displaced families, with schools, clinics, and cash grants for widows. Over N7 billion has gone into supporting victims of insurgency and communal violence across northern Nigeria, alongside N500 million in relief for traders affected by market fires in Kano.

In one of its most impactful humanitarian efforts, the ADF has consistently distributed one million bags of rice annually to vulnerable households across Nigeria — a gesture that underscores its deep-rooted empathy for ordinary citizens.

Beyond Nigeria, ADF’s philanthropy stretches across borders. It has funded health and education initiatives in Côte d’Ivoire, Chad, Sudan, Niger, and Nepal, and partnered with international institutions such as the Africa Center in New York, the Obama Foundation, and the SDG Center for Africa.

For the man who built Africa’s largest industrial empire, philanthropy is no side project — it is central to his idea of progress. The Foundation’s work has become a blueprint for how African wealth can drive African development, proving that the true measure of success lies not in profit, but in the power to uplift lives.

Global Recognition for African Philanthropy

It comes as no surprise that Aliko Dangote was the only Nigerian named in the inaugural TIME100 Philanthropy List (2025) — a global recognition of the 100 most influential leaders shaping the future of giving.

According to TIME, Dangote spends an estimated $35 million annually (over N50 billion) on programmes across Africa, focusing on nutrition, health, education, and economic empowerment.

Reflecting the Foundation’s mission, Dangote said his goal is to set Africans up for success by creating opportunities and nurturing the next generation of leaders.

“My mother instilled in me the ethos of giving back, which inspired my philanthropy 30 years ago,” he noted.

“I trust my three daughters will continue this legacy, just as they will continue to grow our business and impact.”

For Dangote, wealth is a tool for transformation, a means to uplift communities and catalyse change. He has often said he hopes to be remembered not merely as Africa’s wealthiest man, but as its most impactful philanthropist.

A Legacy Rooted in Values

The story of the Dangote Group is ultimately a story of purpose-driven capitalism, a proof that profitability and public good are not opposites, but partners. When a business creates opportunities, reduces hardship, and inspires confidence, its success becomes more enduring.

For Aliko Dangote, business is not a race to the top of the rich list but a journey toward a more prosperous and equitable society. The lesson from his grandfather still echoes through every plant, policy, and partnership — a reminder that the true measure of success lies not in how much one earns, but in how much one enables others to thrive.

Indeed, the soul of the Dangote Group lies not in counting its profits, but in making people happy — one industry, one community, and one generation at a time.

Abiodun, a communications specialist writes from Lagos

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Taxation Without Representation

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Austin Orette Taxation Without Representation

By Dr Austin Orette

The grandiosity of Nigerians when they discuss events and situations can be very funny. If the leaders use this kind of creativity in proffering solutions, we may be able to solve some of the problems that plague Nigeria perennially.

There seems to be a sublime affectation for new lingos when the system is being set to punish Nigerians. It is a kind of Orwellian speak.

Recently, there was no electricity throughout the country. The usual culprit and government spoke; people came out to tell us the power failure was due to the collapse of the National grid. Does it really matter what is collapsing? This is just an attempt by some government bureaucrats to sound intelligent.

Intelligence is becoming a borrowed commodity from the IMF or World Bank. What does it mean when you tell Nigerians that the national grid collapsed? Is that supposed to be a reassurance, or it is said to give the assurance that they know something about the anemic electricity, and we should get used to the darkness. This is a language that is vague and beckons the consumer to stop complaining. Does that statement mean anything to Nigerians who pay bills and don’t see the electricity they paid for? If they see it, it comes with an irregular voltage that destroys their newly purchased appliances. Just tell or stay quiet like in the past.

Telling us that a grid collapse is a lie. We have no national grid. Do these people know how silly their language sounds? Nigeria produces less than 10,000 megawatts of electricity for a population of 200 million people. How do you permutate this to give constant electricity to 200 million people? It is an insult to call this low output a national grid. What is so national about using a generator to supply electricity to 200 million people? It is simple mathematics. If you calculate this to the minute, it should not surprise you that every Nigerian will receive electricity for the duration of the blink of an eye. They are paying for total darkness, and someone is telling them they have an electricity grid.

If you can call the 10,000-megawatt national grid collapsed, it means you don’t have the mind set to solve the electricity problem in Nigeria.

To put it in perspective is to understand the basic fact that the electrical output of Nigeria is pre-industrial. Without acknowledging this fact, we will never find solutions as every mediocre will come and confuse Nigeria with lingos that make them sound important.

It is very shameful for those in the know to always use grandiose language to obfuscate the real issues.

South Africa with a population of sixty million produces about 200,000 megawatts of electricity daily. Nigeria produces less than 10,000 megawatts. Why South Africa makes it easy to lift the poor from poverty, Nigeria is trying to tax the poor into poverty.

The architects of the new tax plan saw the poor as rich because they could afford a generator.

A non-existent subsidy was removed, and the price of fuel went through the roof. Now the government says they are rich. What will they get in return for this tax extraction? Why do successive Nigerian governments always think the best way to develop Nigeria is to slap the poor into poverty? What are the avenues for upward mobility when youth corps members are suddenly seen as rich taxpayers? Do these people know how difficult it is to start a business in Nigeria?

After all the rigmarole from Abuja to my village, I cannot get a government certificate without a-shake down from government bureaucrats and area boys. The government that is so unfriendly to business wants to tax my non-existing businesses. Are these people in their right state of mind? Why do they think that taxing the poor is their best revenue plan? A plan like this can only come from a group of people who have no inkling of what Nigerians are going through. People can’t eat and the government is asking them to share their meager rations with potbellied people in Abuja.

Teach the people how to fish, then you can share in their harvest. If an individual does what the government is doing to Nigerians, it will be called robbery, and the individual will be in prison. When the government taxes people, there is a reciprocal exchange. What is being done in Nigeria does not represent fair exchange.

Nigerians have never gotten anything good from their government except individual wealth that is doled out in Abuja for the selected few.

The question is, will Nigerians have a good electricity supply? NO. Will they have security of persons and properties? No. Will they have improved health care? NO. Will there be good roads? No. Will they have good schools and good education? No.

Taxation is not good governance. A policy like this should never be rushed without adequate studies. Once again, our legislators have let us down. They have never shown the people the reason they were elected and to be re-elected. They are not playing their roles as the watchdog and representatives of the people. Anyone who voted for this tax bill deserves to lose their positions as Senators and Members of the House of Representatives.

We are not in a military regime anymore. Nigerians must start learning how to exercise their franchise. This taxation issue must be litigated at the ballot box. The members of the National Assembly have shown by their assent that they don’t represent the people.

In a normal democracy, taxation without representation should never be tolerated. They must be voted out of office. We have a responsibility and duty to use our voting power to fight unjust laws. Taxation without representation is unjust. Those voted into power will never respect the citizens until the citizens learn to punish errant politicians by voting them out of office. This responsibility is sacred and must be exercised with diligence.

Dr Austin Orette writes from Houston, Texas

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Why GOtv Continues to Shape Nigeria’s Home Entertainment Culture

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For many Nigerian families, GOtv has become more than a television service. It is part of the daily routine. It is what people unwind with after a long day, what keeps children entertained on quiet weekend mornings, and what brings households together during football matches, movie nights, and festive celebrations. Over the years, GOtv has blended naturally into these everyday moments, shaping the way Nigerians enjoy entertainment at home.

Here are some of the reasons GOtv continues to stand out.

1. Local Content That Feels Like Home

Nigerians love stories that reflect their lives, and GOtv delivers this consistently. With Africa Magic, ROK, and other local channels, viewers enjoy Nollywood movies, relatable dramas, reality shows, and lifestyle programming that speak their language. These are familiar faces, familiar stories, and familiar experiences. GOtv understands the value of cultural connection and continues to invest in the content viewers care about.

2. Affordable Packages That Work for Real Families

GOtv has built its reputation on affordability. With packages designed for different budgets, families can enjoy quality entertainment without financial pressure. Some of the affordable packages on GOtv include GOtv Jinja, GOtv Jolli, GOtv Max, GOtv Supa, GOtv Supa Plus. This balance of good content at a comfortable price is a major reason GOtv remains a trusted household name across Nigeria.

3. A Channel Lineup That Has Something for Everyone

The beauty of GOtv is its range. Children enjoy their cartoons and animated shows, parents relax with movies and telenovelas, sports lovers stay connected to live games and highlights, and music and lifestyle channels keep the energy lively. Whether it is catching up on the news, finding something light after work, or choosing a family movie for the weekend, GOtv fits naturally into everyday Nigerian life.

4. Programming That Matches Our Daily Rhythm

GOtv understands the way Nigerians watch television. Weeknights come with easy to follow entertainment, weekends offer longer movies and marathons, and festive seasons arrive with special programming that brings everyone together. The schedule is practical, familiar, and aligned with the pace of Nigerian homes.

5. Easy Access Across the Country

From major cities to smaller communities, GOtv remains reliable and easy to use. Installation is straightforward, navigation is simple for both adults and children, and the service works seamlessly across the country. Even when life gets busy, GOtv makes it easy to stay connected, subscribers can pay and reconnect instantly without long processes or penalties, picking up right where they left off.

With relatable content, pocket-friendly pricing, and a channel lineup built around real Nigerian lifestyles, GOtv has earned its place in homes across the country. As the entertainment landscape evolves, GOtv continues to grow with its viewers, shaping how Nigerians watch, share, and enjoy moments together every day.

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Tegbe Highlights Benefits of Nigerian Tax Reform Acts

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Chairman of the National Tax Policy Implementation Committee (NTPIC), Mr Joseph Tegbe, has enumerated the benefits of the Nigerian Tax Reform Acts 2025, stating they mark a significant turning point in the country’s pursuit of a robust and sustainable economy.

In an article published in several national publications, Mr Tegbe said the tax laws were a comprehensive overhaul of the country’s fiscal architecture, aimed at creating a modern, efficient, and transparent tax system that supports economic growth, development, and prosperity for all Nigerians.

The NTPIC chair, who is also the Director-General of the Nigeria-China Strategic Partnership (NCSP), affirmed that the new tax laws are built around four key pillars: reconnecting the economy to the state, standardising and modernising fiscal administration, promoting predictability, and re-balancing the fiscal social contract.

“By broadening the tax net, simplifying rules, and improving administration, we are creating a more predictable fiscal environment that supports businesses and households,” he explained.

He cited global best practices that informed the reforms like South Korea, Singapore, and Rwanda, where tax reforms have driven economic growth and development.

“These countries have shown that with the right policies, institutions, and leadership, it is possible to transform a nation’s economy and improve the lives of its citizens,” he said.

According to him, the tax reform will protect low-income earners and small businesses, with measures such as zero tax rates for those earning up to N800,000 and the expansion of zero-rated VAT items for critical sectors, including healthcare, education, and agriculture.

“By taking away the tax burden on small income earners and small businesses, the reforms aim to preserve livelihoods, encourage formal participation, and allow enterprises to grow organically. We recognise that these sectors are critical to our nation’s development, and we are committed to supporting them,” he noted.

The Acts also emphasise digitalisation and technology-driven tax administration, with the introduction of e-invoicing to improve compliance, transparency, and reduce administrative burdens, a significant step towards modernising the tax system and making it more efficient, he posited.

Consequently, he emphasised that the success of the reform depends on careful implementation, necessitating ongoing engagement with stakeholders to ensure proper understanding.

The implementation of the tax Act is expected to stabilise the fiscal environment, support production, protect critical sectors, and modernise tax administration in line with global standards, adding it will also enhance Nigeria’s ease of doing business, attract foreign investment, and generate employment opportunities.

“We are confident that these reforms will unlock new opportunities for businesses, investors, and entrepreneurs, and contribute to the growth and development of our economy,” he added.

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