Aliko Dangote Don Retire as Dangote Sugar Chairman afta 20 Years, New Chairman Don Land
Na so di mata take be, Aliko Dangote, di oga of sugar business for Naija, don announce say e dey retire as Chairman of Dangote Sugar Refinery Plc after 20 years wey e dey run the show.
Di big announcement come drop on Wednesday, June 11, 2025, and e talk say di retirement go start for inside June 16, 2025.
Di company secretary, Temitope Hassan, na im sign di official statement wey confirm everything.
For 20 years, Dangote don dey hold di steering wheel of Dangote Sugar, and pipo no fit deny say di man sabi how to run business.
Under him watch, Dangote Sugar don become one of di biggest sugar players for Naija, and di company dey chop market share like say na free food.
E no just dey manage di company; e dey push big expansion projects, and e dey make sure say corporate governance no dey slack.
Di official statement talk say, “In line with di principles of good corporate governance and succession planning.
Dangote Sugar Refinery Plc hereby announces di retirement of our esteemed Chairman of di Board of Directors of the Company, Alhaji Aliko Dangote (GCON), effective June 16, 2025.”
So, e clear say dis retirement na part of proper planning, no be sudden waka.
One big thing wey Dangote do during him tenure na di Backward Integration Projects wey dem carry go Adamawa, Taraba, and Nasarawa States.
Dis project na to make sure say sugar production for Naija no dey depend too much on import.
So, instead of just dey bring sugar from abroad, Dangote Sugar dey try grow sugar for inside di country.
Na so di company dey try support local farmers and reduce foreign sugar wahala.
But wait, no be only Dangote dey waka comot; di company don appoint new chairman to take over di throne.
Di new oga na Arnold Ekpe, wey be Independent Non-Executive Director for Dangote Sugar.
Di board talk say afta serious selection and transition process, Arnold Ekpe don land di position as new Chairman from June 16, 2025.
Arnold Ekpe no be small pikin for dis business world.
Di man na seasoned banker, and e don serve as group CEO of Ecobank before.
E get plenty experience for boardroom and leadership across different sectors.
So, no be by chance di board pick am; na because e get di skills to carry di company go next level.
Now, make we talk true, dis retirement na big gist for Naija business community.
Dangote don dey run sugar business like say na im personal playground.
Some pipo go talk say na time to rest, others go wonder if the sugar business go still sweet under new chairman.
But one thing sure be say, di sugar market go dey watch as Arnold Ekpe take di steering wheel.
Some pipo fit dey wonder if Dangote really dey retire or na just to show say e dey humble.
Afta all, di man still dey run Dangote Group, di biggest conglomerate for West Africa.
So, maybe na only sugar business e dey leave, but di oga still get power for other areas.
You know how Dangote be always dey control di big money moves.
Di whole announcement come with some serious corporate governance vibes.
E clear say Dangote Sugar no dey do anyhow; dem dey plan well for succession.
Dis one fit encourage other big companies for Naija to follow suit, make dem no dey keep power for one pesin forever.
Succession planning na serious mata, and Dangote Sugar dey show example.
But make we no forget, dis kain retirement announcement dey always carry small drama.
Pipo go dey speculate if Arnold Ekpe go fit handle di pressure, if dem go continue to dey expand, or if sugar business go start dey shake.
Some go even dey joke say Arnold go need sugar for energy to manage all these wahala.
Meanwhile, Dangote himself fit dey plan new moves.
Afta 20 years for sugar, maybe e go waka enter new business or just dey enjoy life with all the billions wey e don gather.
But one thing sure be say, di name Dangote no go ever disappear for Naija business map.
So, to summarize: on June 11, 2025, Dangote Sugar announce say Aliko Dangote go retire as Chairman from June 16, 2025, afta 20 years of serious leadership.
Arnold Ekpe, former Ecobank CEO, don take over as new Chairman.
Di company dey proud of the backward integration projects wey dem carry go northern states to boost local sugar production.
Di whole mata na big deal for Naija business, and everybody dey watch how di new chairman go perform.
Dis one na serious sugar saga wey get power, politics, and plenty business sense.
As Dangote waka go, new chapter don start for Dangote Sugar Refinery Plc.
Make we dey wait and see if Arnold Ekpe go sweet di sugar or if e go turn to bitter gbege.
Na so di sugar story be for now, and e sure say e go sweet plenty mouths for the next years.
hvn5jx