Aliko Dangote has stepped down as Chairman and Director of Dangote Cement Plc’s Board, effective July 25, 2025, to focus on the refinery, petrochemicals, fertilizer business, and government relations.
The company announced the appointment of Mr. Emmanuel Ikazoboh, an independent non-executive director, as the new Board Chairman. Hajiya Mariya Aliko Dangote also joined the Board, while Prof. Dorothy Ufot retired.
“Aliko Dangote’s journey began with a bold dream: to make Nigeria and Africa self-sufficient in cement production… he not only met that goal but exceeded it,” a company statement read.
Ikazoboh said, “I am truly honored to accept the role… This company stands as a beacon of African enterprise.” He emphasized innovation, operational efficiency, and sustainability as priorities.
Dangote Cement now has 52.0 Mta capacity, with expansion projects expected to increase it to 61.0 Mta. For H1 2025, revenue rose 17.7% to N2.071 trillion, while profit after tax jumped 174.1% to N520.5 billion.