Dangote Blames Taxes, Levies for Nigeria’s Expensive Cement as Export Prices Undercut Local Market

Nigerian billionaire industrialist Aliko Dangote has offered a detailed explanation for why cement produced in Nigeria often sells for less abroad than it does at home, explaining that the country’s heavy tax burden and regulatory structure, rather than production inefficiencies, are the primary drivers of high domestic prices. In an exclusive interview with Business Insider […] The post Dangote Blames Taxes, Levies for Nigeria’s Expensive Cement as Export Prices Undercut Local Market appeared first on Tekedia.

Dangote Blames Taxes, Levies for Nigeria’s Expensive Cement as Export Prices Undercut Local Market

Nigerian billionaire industrialist Aliko Dangote has offered a detailed explanation for why cement produced in Nigeria often sells for less abroad than it does at home, explaining that the country’s heavy tax burden and regulatory structure, rather than production inefficiencies, are the primary drivers of high domestic prices. In an exclusive interview with Business Insider […]

The post Dangote Blames Taxes, Levies for Nigeria’s Expensive Cement as Export Prices Undercut Local Market appeared first on Tekedia.

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