BREAKING NEWS: Aliko Dangote Steps Down as Chairman of Dangote Sugar Refinery After 20 Remarkable Years
In a significant leadership transition, Nigerian billionaire Aliko Dangote will retire as Chairman of Dangote Sugar Refinery Plc effective June 16, 2025, marking the end of a transformative 20-year era.
Dangote, who took the helm in 2005, led the company to the top of Nigeria’s sugar industry. Under his watch, Dangote Sugar became a market leader, expanded its operations significantly, and launched key backward integration projects in Adamawa, Taraba, and Nasarawa States, boosting local production and reducing import reliance.
Key Achievements During His Tenure:
* Turned Dangote Sugar into Nigeria’s leading sugar manufacturer.
* Pioneered large-scale expansion and self-sufficiency initiatives.
* Strengthened corporate governance and operational efficiency.
Leadership Succession:
Taking over as Chairman is Arnold Ekpe, an Independent Non-Executive Director and former Group CEO of Ecobank. Ekpe’s appointment also takes effect on June 16, 2025, the day Dangote officially steps down.
This marks the end of a visionary chapter in Nigeria’s industrial journey, as one of Africa’s most influential business leaders passes the baton to a seasoned corporate expert.
Read more: Complete speech of President Ahmed Bola Tinubu 2025 Democracy Day Celebration
