The Dangote Group has debunked a viral claim alleging that the administration of Bola Ahmed Tinubu earns revenue from every bag of cement sold in the country.
The claim, which circulated widely on Facebook and was attributed to Aliko Dangote, alleged that the Federal Government takes a substantial cut from cement sales.
According to the post, “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 Dangote Group dismissed the claim as false. The company shared a screenshot of the post on its official X account and clearly labelled it “Fake,” without offering additional commentary.
The clarification comes amid rising concerns over the spread of misinformation on social media platforms, particularly through the misuse of AI-generated content and manipulated narratives to influence public opinion.