Marking the end of a 20-year tenure, Aliko Dangote has announced his retirement as Chairman of Dangote Sugar Refinery Plc.
According to a statement released on Wednesday by the company’s secretary, Temitope Hassan, Aliko Dangote’s retirement will take effect on June 16, 2025.
Dangote, who has chaired the board since 2005, is widely recognized for transforming Dangote Sugar into a leading player in Nigeria’s sugar industry. Under his leadership, the company undertook major expansion projects and implemented significant improvements in corporate governance.
“In adherence to the principles of good corporate governance and succession planning, Dangote Sugar Refinery Plc announces the retirement of our esteemed Chairman of the Board, Alhaji Aliko Dangote (GCON), effective June 16, 2025,” the statement read.
During his leadership, the company initiated major Backward Integration Projects in Adamawa, Taraba, and Nasarawa States—strategic efforts aimed at enhancing local sugar production and reducing dependence on imports.
Following Aliko Dangote’s departure, the Board has appointed Arnold Ekpe, an Independent Non-Executive Director, as the incoming Chairman of Dangote Sugar Refinery Plc, effective June 16, 2025.
“After a thorough selection and transition process, the Board is pleased to announce the appointment of Mr. Arnold Ekpe as the new Chairman of Dangote Sugar Refinery Plc,” the statement added.
