Aliko Dangote Step Down As Chairman Of Dangote Sugar

Aliko Dangote has officially stepped down as Chairman of the Board of Dangote Sugar Refinery Plc, concluding two decades of leadership at the company.

According to a statement issued on Wednesday by the company’s secretary, Temitope Hassan, his retirement will take effect on June 16, 2025.

Since assuming the leadership position in 2005, Dangote has played a pivotal role in transforming Dangote Sugar into a dominant force in Nigeria’s sugar sector. His tenure saw the execution of major expansion initiatives and the strengthening of corporate governance structures.

“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 statement read.

The company highlighted that under his stewardship, strategic Backward Integration Projects were launched in Adamawa, Taraba, and Nasarawa States to enhance domestic sugar production and lessen reliance on imports.

The Board has now named Arnold Ekpe, an Independent Non-Executive Director, as Dangote’s successor.

“Following a rigorous selection and transition process, the Board is pleased to announce the appointment of Mr. Arnold Ekpe, Independent Non-Executive Director as the new Chairman of Dangote Sugar Refinery Plc. effective 16th June 2025,” the statement added.

Ekpe brings a wealth of experience to the role, having previously served as Group CEO of Ecobank and held leadership positions across various industries.

“We welcome Mr. Ekpe to his new role and look forward to the next chapter in our Company’s journey under his leadership. We also express our deep appreciation to Alhaji Aliko Dangote for his years of exemplary service and unwavering commitment to excellence,” the statement concluded.