Alhaji Aliko Dangote, President of Dangote Industries Limited, has officially stepped down as Chairman of Dangote Sugar Refinery Plc, concluding a notable 20-year tenure.
This important change will be effective as of June 16, 2025
While he was in charge, Dangote was instrumental in guiding the company’s expansion, reinforcing its position as a market leader, and securing consistent shareholder value.
The company, under Dangote’s leadership, carried out significant initiatives aimed at enhancing local sugar production. These included Backward Integration Projects in the states of Adamawa, Taraba, and Nasarawa that bolstered the company’s supply chain and aided its success.
The company’s statement to the Nigerian Exchange Group recognized Dangote’s significant contribution, emphasizing his key role in shaping the company’s strategy and culture.
His guidance established a solid groundwork for development and maintenance, reinforcing the status of Dangote Sugar Refinery as a key participant in Nigeria’s sugar sector.
It was also reported that Dangote played a key role in developing the company’s strategy and culture, thereby establishing a strong basis for growth and sustainability.