Aliko Dangote will step down as Chairman of Dangote Sugar Refinery Plc, effective June 16, 2025, marking the end of a two-decade tenure at the helm of the company.
The announcement was made in a statement issued on Wednesday by the company’s secretary, Temitope Hassan, who described the move as part of a broader succession and corporate governance plan.
Dangote, who has led the board since 2005, is credited with transforming Dangote Sugar into a dominant force in Nigeria’s sugar industry. His leadership saw the implementation of major expansion initiatives and strengthened governance practices within the company.
“In line with the principles of good corporate governance and succession planning, Dangote Sugar Refinery Plc hereby announces the retirement of our esteemed Chairman of the Board of Directors of the Company, Alhaji Aliko Dangote (GCON), effective June 16, 2025,” the company said.
The statement also highlighted key Backward Integration Projects undertaken under Dangote’s leadership in Adamawa, Taraba, and Nasarawa States, aimed at boosting local sugar production and reducing reliance on imports.
Following a selection and transition process, the Board has appointed Independent Non-Executive Director Arnold Ekpe as the incoming Chairman, effective the same day.
Ekpe, a seasoned executive, will take over leadership as the company enters a new phase of growth and development.
