Billionaire industrialist, Aliko Dangote, has officially stepped down as Chairman of the Board of Directors of Dangote Sugar Refinery Plc, marking the end of a remarkable 20-year leadership tenure.
Dangote’s exit, which was formally announced by the company, signals a new chapter for the sugar refining giant, which he helped transform into one of Nigeria’s leading manufacturers in the fast-moving consumer goods (FMCG) sector.
Under his stewardship, Dangote Sugar expanded operations, strengthened its market dominance, and played a central role in Nigeria’s backward integration policy in the sugar industry.
In a statement, the company lauded Dangote’s contributions and assured stakeholders of continuity and adherence to its strategic growth objectives under a reconstituted board leadership.
