Wednesday, August 6, 2025
  • About
  • Advertise
  • Careers
  • Contact
The Reflector Newspaper
  • Home
  • News
  • Politics
  • Featured
  • Foreign News
  • Business
  • Opinions
  • Sport
  • Crime
  • Others
    • Education
    • Economy
    • Entertainment
    • Fashion & Style
    • Health
    • Interview
    • Love & Relationships
    • Technology
  • Login
No Result
View All Result
The Reflector Newspaper
Home Featured

Aliko Retires From Dangote Cement To Face Refinery

Ifeanyi Uzoechiena by Ifeanyi Uzoechiena
July 26, 2025
in Featured, News
0
No Country Will Beat Us In Quality Petrol, Dangote Assures

Billionaire Aliko Dangote

0
SHARES
13
VIEWS
Share on FacebookShare on TwitterShare on LinkedInShare on WhatsAppShare on TelegramSend to Email

The President of the Dangote Group, Alhaji Aliko Dangote, has announced his retirement as a Director and the Chairman of the Board of Directors of Dangote Cement, effective July 25, 2025

According to a statement Friday by the Group Chief Branding & Communications Officer, Anthony Chiejina, Dangote is relinquishing his position as chairman and retiring from the board so as to focus more attention on the $20bn refinery, petrochemicals, fertilizer and government relations.

Related posts

MKO’s Wife, Doyin Abiola Dies Aged 82

MKO’s Wife, Doyin Abiola Dies Aged 82

August 6, 2025
‘Be Agents Of Change’, Adeleke Swears In New LG Chairmen

APC, Adeleke Trade Words Over Gov’s ‘Two-Week’ Absence

August 6, 2025

This is in order to drive the company’s five-year business trajectory to a superlative height.

“The board of Dangote Cement has, therefore, announced the appointment of an independent non-executive director, Emmanuel Ikazoboh, as the new Chairman of the Board of Directors.

“In the same vein, Hajiya Mariya Aliko Dangote was also appointed to the Board of Directors of the Company while Prof. Dorothy Ufot retired from the Board,” the statement added.

The statement said Dangote left giant footprints as he retired from the board.

“His vision and tenacity redefined not just a company, but the entire cement industry landscape by becoming Africa’s largest cement producer and largest exporter of cement and clinker in Sub-Saharan Africa.

“Aliko Dangote’s journey with cement began with a bold dream: to make Nigeria and Africa self-sufficient in cement production. Through strategic investments in state-of-the-art plants and a commitment to local content, he not only met that goal but exceeded it.

“Dangote Cement Plc has 52.0Mta capacity across the African continent, with Nigeria accounting for 35.25Mta. Currently, additional greenfield plants are coming up in Côte Ivoire (3.0Mta) and Itori, Nigeria (6.0 Mta) and on completion this year, will push total capacity to 61.0Mta. Under his visionary leadership, Dangote Cement Plc recorded the highest revenue and Earnings Before Interest, Taxes, Depreciation, and Amortisation in the history of the company. According to the unaudited results for the six months ending 30th June 2025, the group revenue went up by 17.7 per cent, from N1.76tn at the same period in 2024 to N2.07tn, representing the highest revenue in the history of the company,” the statement read.

The new Chairman of the Board of the Company, Ikazoboh in his acceptance speech, said he was truly honoured to accept the role of Chairman of Dangote Cement Plc while pledging to uphold the highest standards of leadership and dedication in this role.

He described the company as a beacon of African enterprise, which has consistently demonstrated resilience, innovation, and a commitment to excellence.

“Emmanuel Ikazoboh was previously the Group Chairman of Ecobank Transnational Inc., the Pan-African banking group. He started his professional career at Akintola Williams Deloitte.

“He first became the Managing Partner for francophone offices in Cameroon and Côte d’Ivoire and later became the Managing Partner of the Deloitte firm in West and Central Africa until 2009. In 2010, he was appointed by the Securities and Exchange as an Interim Administrator to carry out capital market reforms of the Nigerian Stock Exchange and the Central Securities Clearing System Plc,” the statement concluded.

 

The Punch

Tags: Aliko Dangote

The Reflector Newspaper's newsletters cover a variety of topics, from daily news to lifestyle content, markets info to medical news. Subscribe to get the latest information.

Unsubscribe
Previous Post

Osun 2026: I’m Not Contesting – Oyetola

Next Post

Tinubu Vows To Settle Power Sector Debts

Next Post
Tinubu Vows To Settle Power Sector Debts

Tinubu Vows To Settle Power Sector Debts

RECOMMENDED NEWS

Abuja PDP Secretariat Still Under Lock Despite Tinubu’s Order

Abuja PDP Secretariat Still Under Lock Despite Tinubu’s Order

2 months ago
ATISBO Local Government Vice Chairman, Passes Away

ATISBO Local Government Vice Chairman, Passes Away

1 year ago
Tinubu’s Government Will Be Unstable If Food Prices Remain Unaffordable, Warns Primate Ayodele

Tinubu’s Government Will Be Unstable If Food Prices Remain Unaffordable, Warns Primate Ayodele

11 months ago
Kalu Defends Nigeria’s Rising Debt, Says Borrowing Keeps Economy Afloat

Kalu Defends Nigeria’s Rising Debt, Says Borrowing Keeps Economy Afloat

2 months ago

FOLLOW US

BROWSE BY CATEGORIES

  • Business
  • Crime
  • Economy
  • Education
  • Entertainment
  • Fashion & Style
  • Featured
  • Foreign News
  • Health
  • Interview
  • Love & Relationships
  • News
  • Opinions
  • Politics
  • Sport
  • Technology
  • Uncategorized

BROWSE BY TOPICS

#EndBadGovernance protest 2027 Elections ADC Ademola Adeleke Akpabio Alaafin Of Oyo APC Atiku Bola Tinubu Buhari CBEX Coalition Dangote Refinery Defection Economic and Financial Crimes Commission (EFCC) Economic Hardship EFCC Emergency Rule Federal Government of Nigeria Fubara Fuel Price Fuel Price Hike Gunmen INEC JAMB Natasha National Power Grid Nigerian National Petroleum Company Limited (NNPCL) Nnamdi Kanu NNPC NNPCL Olubadan PDP Peter Obi Petrol Price President Ahmed Bola Tinubu Rivers Administrator Rivers Assembly Rivers Crisis Senate Tinubu UTME VeryDarkMan WAEC Wike

POPULAR NEWS

  • Congo’s President Daughter’s Bedroom Surfaces Online

    Congo’s President Daughter’s Bedroom Surfaces Online

    0 shares
    Share 0 Tweet 0
  • Economy Bleeds As Naira Hits Record Low With N72.58 Depreiciation Against Dollar

    0 shares
    Share 0 Tweet 0
  • Old Naira Notes Remain Valid – CBN

    0 shares
    Share 0 Tweet 0
  • Gospel Actress, Flora Of Abattoir Movie Series Is Dead

    0 shares
    Share 0 Tweet 0
  • JUST IN: FCT Minister Wike Leads Eid-El-Fitr Homage To President Tinubu Amid Death Rumors

    0 shares
    Share 0 Tweet 0
The Reflector Newspaper

Our mission at The Reflector Newspaper is to cultivate a dynamic digital space where truth, integrity, and diversity thrive.

Follow us on social media:

Recent News

  • MKO’s Wife, Doyin Abiola Dies Aged 82
  • APC, Adeleke Trade Words Over Gov’s ‘Two-Week’ Absence
  • Shehu Sani Blames Past Leaders For North’s Woes
  • Kano Transport Commissioner Resigns After Drug Baron Bail Probe

Category

  • Business
  • Crime
  • Economy
  • Education
  • Entertainment
  • Fashion & Style
  • Featured
  • Foreign News
  • Health
  • Interview
  • Love & Relationships
  • News
  • Opinions
  • Politics
  • Sport
  • Technology
  • Uncategorized

Recent News

MKO’s Wife, Doyin Abiola Dies Aged 82

MKO’s Wife, Doyin Abiola Dies Aged 82

August 6, 2025
‘Be Agents Of Change’, Adeleke Swears In New LG Chairmen

APC, Adeleke Trade Words Over Gov’s ‘Two-Week’ Absence

August 6, 2025
  • About
  • Advertise
  • Careers
  • Contact

Copyright © 2024 The Reflector Newspaper. Website designed by Mavens Designs.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • Login
  • Home
  • News
  • Politics
  • Featured
  • Foreign News
  • Business
  • Opinions
  • Sport
  • Crime
  • Others
    • Education
    • Economy
    • Entertainment
    • Fashion & Style
    • Health
    • Interview
    • Love & Relationships
    • Technology

Copyright © 2024 The Reflector Newspaper. Website designed by Mavens Designs.

Verified by MonsterInsights