Aliko Dangote Steps Down as Dangote Cement Chairman, Ikazoboh Takes Over
End of an Era: Dangote Exits Cement Board After Historic Run Africa’s richest man, Aliko Dangote, has retired as Chairman of Dangote Cement Plc, effective July 25, 2025, marking a major transition for Africa’s largest cement producer. 🔑 Key Changes:✔ Emmanuel Ikazoboh (Independent Director) → New Chairman✔ Hajiya Mariya Dangote joins the board✔ Prof. Dorothy Ufot retires "Dangote leaves to focus on refinery, petrochemicals, and government relations." Dangote’s Cement Legacy in Numbers 🏭 Production Powerhouse: 52M metric tons/year capacity across Africa 35.25M tons from Nigeria alone New plants in Côte d’Ivoire (+3M tons) & Itori, Nigeria (+6M tons) 💰 Record Financials (H1 2025): Revenue: ₦2.07 trillion (+17.7% YoY) Profit After Tax: ₦520.5 billion (+174% surge) Exports: Clinker shipments to Ghana, Cameroon up 18.2% 🌍 Pan-African Impact: Top taxpayer (₦402 billion in 2024) Created millions of jobs in construction, logistics Why Dangote Stepped Down 🔧 Strategic Shift: Focus on $20B Dangote Refinery & fertiliser biz Deepen government relations for industrial growth 📈 5-Year Vision: Cement biz now self-sustaining under new leadership Refinery […]
