Dangote Cement paid N97.24bn in CIT to FG making it the
highest remitter of taxes for the year while MTN came second with a N93.6bn
payout.
Guaranty Trust Holding Company Plc was third with a CIT of
N36.66bn.
A statement from Dangote Industries Limited quoted the
report as ranking Dangote Cement as the most capitalised in the country at
M4.17tn and also the largest corporate employer with 16,199 employees.
The publisher of Next Money, Mr Ray Echebiri, was quoted as
saying that the performance index analysis of companies listed on the Nigerian
Exchange Limited established the best performers.
According to him, the exercise was done to provide existing
and potential investors with reliable information before making investment
decisions.
He was quoted as saying, “The first step we take in the
analyses is to extract the total assets of each of the listed companies from
their audited accounts.
“We sorted the total assets of the companies from the
largest to the smallest and cut off at the 100th. We tagged a hundred companies
that emerged from this exercise ‘Nigeria’s Top 100 Companies.”
Echebiri added that any company that made it to the
corporate elite club of Nigeria’s Top 100 Companies was automatically a
candidate for further ranking by revenues, profits, market capitalization,
number of employees and tax payment.