Aliko Dangote, has officially announced his retirement as Chairman of Dangote Sugar Refinery Plc, marking the end of a 20-year tenure that helped shape the company into Nigeria’s leading sugar producer. His resignation, effective June 16, 2025, was confirmed in a corporate statement on Wednesday by the company’s secretary, Temitope Hassan.
Key Details:
- Dangote assumed the role of Chairman in 2005.
- During his leadership, Dangote Sugar became a dominant player in Nigeria’s sugar industry.
- He led major expansion efforts and championed Backward Integration Projects in Adamawa, Taraba, and Nasarawa States to boost local production.
- The company announced that Arnold Ekpe, Independent Non-Executive Director and former Group CEO of Ecobank, will succeed him as Chairman.
Why This Matters:
Dangote’s exit marks a significant leadership transition in one of Nigeria’s major industrial firms. His role in advancing local sugar production aligns with Nigeria’s broader push for food security and reduced import dependence. The appointment of Arnold Ekpe also signals the board’s commitment to experienced leadership and corporate continuity.
What’s Next:
As Arnold Ekpe assumes the role of Chairman, stakeholders will be watching closely to see how he builds on Dangote’s legacy and steers Dangote Sugar through the next phase of its growth—especially in an evolving market where local content and production capacity are national priorities.
