Aliko Dangote, billionaire industrialist and one of Africa’s most influential business leaders, has announced his retirement as Chairman of Dangote Sugar Refinery Plc. This marks the end of a transformative 20-year tenure, effective June 16, 2025.
Throughout his leadership, Dangote was instrumental in positioning the company as a market leader in Nigeria’s sugar industry. His strategic vision and dedication to local production led to the launch of Backward Integration Projects across Adamawa, Taraba, and Nasarawa States—initiatives that significantly strengthened the company’s supply chain and boosted domestic sugar production.
The company praised Dangote’s immense contributions, noting his central role in shaping its long-term strategy and corporate culture. Under his guidance, Dangote Sugar Refinery grew into a powerhouse with a solid foundation for continued expansion.
Following a comprehensive selection process, the Board of Directors has appointed Arnold Ekpe as the new Chairman. A seasoned executive with extensive experience in banking and corporate governance, Ekpe is expected to lead the company into its next phase of growth.
As an Independent Non-Executive Director, Ekpe brings a clear strategic vision and leadership depth that will be critical in navigating the changing economic and regulatory landscape. His appointment signals a new chapter for Dangote Sugar Refinery, and industry observers will be watching closely to see how he builds on the legacy of his predecessor.
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