Key Takeaways

• The Dangote Group has officially labeled viral claims regarding government revenue from cement sales as "Fake."
• The misinformation falsely alleged that the Tinubu administration collects N6,240 from every bag of cement sold.
• Aliko Dangote has been recognized in the 2026 TIME100 list under the "Titans" category for his industrial contributions.
• This incident highlights the growing threat of AI-generated misinformation and social media manipulation in Nigeria.

Setting the Record Straight on Cement Pricing

The Dangote Group has moved swiftly to address and debunk a viral social media narrative that has been circulating across various digital platforms. The misleading post, which gained significant traction on Facebook, falsely claimed that the administration of President Bola Ahmed Tinubu extracts a substantial fee—specifically N6,240—from every bag of cement sold within the country. The post further questioned the government's fiscal management, suggesting that these alleged revenues were being misused while the nation continued to borrow.

In a decisive move to protect its corporate reputation and provide clarity to the public, the Dangote Group took to the social media platform X (formerly Twitter). The company shared a screenshot of the inflammatory post, clearly stamping it as fake.