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Chairpersons

Aliko Dangote Steps Down as Chairman of Dangote Cement

Strategic Insights

— 1 min read

Alhaji Aliko Dangote, the President of the Dangote Group, has announced his retirement as Director and Chairman of the Board of Directors of Dangote Cement, effective July 25, 2025. He will be focusing more attention on the $20 billion refinery, petrochemicals, fertiliser, and government relations. Dangote has left a lasting impact on the company, transforming it into Africa's largest cement producer and exporter. He was instrumental in making Nigeria and Africa self-sufficient in cement production, with Dangote Cement Plc having a capacity of 52.0Mta across the African continent.

Key Takeaways:

  • Aliko Dangote will retire as Chairman of Dangote Cement on July 25, 2025, to focus on the $20 billion refinery, petrochemicals, fertiliser, and government relations.
  • He will be succeeded by Emmanuel Ikazoboh, an independent non-executive director, as the new Chairman of the Board of Directors.
  • Dangote Cement Plc has 52.0Mta capacity across Africa, with Nigeria accounting for 35.25Mta of production.
  • The company has recorded the highest revenue and Earnings Before Interest, Taxes, Depreciation, and Amortisation in its history, with a 17.7% increase in revenue from 2024 to 2025.
  • The company has greenfield plants coming up in Cote Ivoire (3.0Mta) and Itori, Nigeria (6.0Mta), expected to be completed this year, increasing total capacity to 61.0Mta.
  • Hajiya Mariya Aliko Dangote has been appointed to the Board of Directors of Dangote Cement, while Prof. Dorothy Ufot has retired from the Board.
  • Ikazoboh will uphold the highest standards of leadership and dedication as the new Chairman, having previously served as Group Chairman of Ecobank Transnational Inc.

Statistics:

  • Dangote Cement Plc has 52.0Mta capacity across Africa.
  • Nigeria accounts for 35.25Mta of production, while Cote Ivoire and Itori, Nigeria, will add 9.0Mta when completed.
  • The company achieved 17.7% increase in revenue, from N1.76tn in 2024 to N2.07tn in 2025.
  • Dangote Cement Plc recorded the highest revenue and Earnings Before Interest, Taxes, Depreciation, and Amortisation in its history.

Sources:

  • [Dangote Cement statement, July 25, 2025]
  • [Emmanuel Ikazoboh's acceptance speech, July 25, 2025]

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