…Ikazoboh steps in as Chairman
Foremost entrepreneur and founding father of Dangote Cement Plc, Aliko Dangote has introduced his retirement as a Director and the Chairman of the Board of Directors, efficient July 25, 2025. He is relinquishing his place as chairman and retiring from the board in order to focus extra consideration on the Refinery, Petrochemicals, Fertiliser and Government Relations, as a way to drive the corporate’s five-year enterprise trajectory to a superlative top.
The board of Dangote Cement Plc has due to this fact introduced the appointment of Mr. Emmanuel Ikazoboh, an impartial non-executive director, as the brand new Chairman, Board of Directors. In the identical vein, Hajiya Mariya Aliko Dangote was additionally appointed to the Board of Directors of the Company whereas Prof. Dorothy Ufot retired from the Board.
Reputed as Africa’s main investor, Aliko Dangote leaves big footprints as he retires from the board. His imaginative and prescient and tenacity redefined not only a firm, however all the cement trade panorama by turning into Africa’s largest cement producer and largest exporter of cement and clinker in Sub Saharan Africa.
Aliko Dangote’s journey with cement started with a daring dream: to make Nigeria and Africa self-sufficient in cement manufacturing. Through strategic investments in state-of-the-art crops, and a dedication to native content material, he not solely met that objective however exceeded it.
Dangote Cement Plc has 52.0Mta capability throughout African continent with Nigeria accounting for 35.25Mta. Currently, further greenfield crops are developing in Cote Ivoire (3.0Mta) and Itori, Nigeria (6.0 Mta) and on completion this 12 months will push complete capability to 61.0Mta.
Under his visionary management, Dangote Cement Plc recorded the highest income and Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) within the historical past of the corporate. According to the unaudited outcomes for the six months ending thirtieth June 2025, the group income went up by 17.7 p.c, from N1,760 billion on the similar interval in 2024 to N2,071.6 billion, representing the best income within the historical past of the corporate.
Aliko Dangote’s legacy will probably be counted within the hundreds of thousands of jobs created, the infrastructure constructed, and the confidence restored in African industrial potential. He has confirmed that Africa can produce, compete, and lead on the worldwide stage. It is on file that subsidiaries below Dangote Group paid over N402 billion in taxes in 2024, making it the best taxpayer within the nation.
The new Chairman of the Board of the Company, Emmauel Ikazoboh in his acceptance speech, stated he’s actually honored to simply accept the position of Chairman of Dangote Cement Plc whereas pledging to uphold the best requirements of management and dedication on this position.
He described the corporate as a beacon of African enterprise, which has persistently demonstrated resilience, innovation, and a dedication to excellence. Over the years, Dangote Cement Plc has not solely change into the continent’s main cement producer however has additionally performed a significant position in driving {economic} development and growth throughout quite a few African nations.
Giving an perception into what his tenure holds for the corporate, he stated, “my imaginative and prescient for Dangote Cement Plc is constructed upon a basis of sustainable development, operational effectivity, and unwavering dedication to our core values. We will proceed to deal with the next key priorities, Operational Excellence, Strategic Expansion, Sustainability, Innovation and Community Engagement.
Part of the methods he intends to introduce embody driving down prices by way of the implementation of strong cost-reduction methods to navigate inflationary pressures and improve competitiveness. The firm he said will speed up efforts to undertake various fuels and applied sciences, decreasing reliance on fossil fuels and contributing to a extra sustainable future.
Regarding employees welfare, he promised that the corporate will proceed to spend money on coaching and growth, fostering a tradition of excellence and empowering workers to achieve their full potential.
Emmanuel Ikazoboh was beforehand the Group Chairman of Ecobank Transnational Inc., the Pan-African banking group. He began his skilled profession at Akintola Williams Deloitte. He first turned the Managing Partner for francophone workplaces in Cameroon and Côte d’Ivoire and later turned the Managing Partner of the Deloitte agency in West and Central Africa till 2009. In 2010 he was appointed by the Securities and Exchange (SEC) as an Interim Administrator to hold out capital market reforms of the Nigerian Stock Exchange (NSE) and the Central Securities Clearing System Plc. (CSCS).
Signed.
Anthony Chiejina
Group Chief, Branding & Communications Officer
