Dangote pays 90 of net profit as dividend invests n85 6 billion

Let's break down the information:

To find the net profit, we can set up an equation:

Net Profit = (Dividend Paid / 0.9)

Since Dangote pays 90% of its net profit as dividend, the dividend paid is 90% of the net profit. Let's call the net profit "x". Then, the dividend paid is 0.9x.

We know that the dividend paid is N85.6 billion, so we can set up the equation:

0.9x = 85,600,000,000

To solve for x, we can divide both sides by 0.9:

x = 85,600,000,000 / 0.9 x = 95,111,111,111

So, the net profit is approximately N95.11 billion.

This means that Dangote's net profit is N95.11 billion, and it pays out 90% of that as dividend, which is N85.6 billion. The remaining 10% is retained by the company for reinvestment or other purposes.