The President of the Dangote Group, Alhaji Aliko Dangote, has announced his retirement as a Director and the Chairman of the Board of Directors of Dangote Cement, effective July 25, 2025.
He recently revealed that he is giving up his position as chairman and retiring from the board to focus more attention on his $20bn refinery.
A press statement by his company’s Group Chief Branding & Communications Officer, Anthony Chiejina, disclosed that Dangote will also be concentrating on his petrochemical plant, fertiliser and government relations in the coming years.
According to him, Aliko’s stepping down as chairman of Dangote Cement would help him drive his refinery’s five-year business trajectory to a superlative height.
Anthony stated that Aliko Dangote’s vision and tenacity helped me birth the entire cement industry landscape, not just his company.
“His vision and tenacity redefined not just a company, but the entire cement industry landscape by becoming Africa’s largest cement producer and largest exporter of cement and clinker in Sub-Saharan Africa.
The board of Dangote Cement has, therefore, announced the appointment of an independent non-executive director, Emmanuel Ikazoboh, as the new Chairman of the Board of Directors.
In the same vein, Hajiya Mariya Aliko Dangote was also appointed to the Board of Directors of the Company while Prof. Dorothy Ufot retired from the Board.
Aliko Dangote’s journey with cement began with a bold dream: to make Nigeria and Africa self-sufficient in cement production. Through strategic investments in state-of-the-art plants and a commitment to local content, he not only met that goal but exceeded it.
Dangote Cement Plc has 52.0Mta capacity across the African continent, with Nigeria accounting for 35.25Mta. Currently, additional greenfield plants are coming up in Côte Ivoire (3.0Mta) and Itori, Nigeria (6.0 Mta) and on completion this year, will push total capacity to 61.0Mta. Under his visionary leadership, Dangote Cement Plc recorded the highest revenue and Earnings Before Interest, Taxes, Depreciation, and Amortisation in the history of the company.
According to the unaudited results for the six months ending 30th June 2025, the group revenue went up by 17.7 per cent, from N1.76tn at the same period in 2024 to N2.07tn, representing the highest revenue in the history of the company,” it read.
Folami David is a dynamic journalist who views the world through an analytical lens, translating complex narratives across multiple industries into compelling stories. With an insatiable appetite for information and a keen eye for emerging trends, Folami specializes in uncovering the interconnections between technology, business, culture, and society.
