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Aliko Dangote retires from Dangote Cement Plc As Chairman

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Aliko Dangote

Foremost entrepreneur and founder of Dangote Cement Plc, Aliko Dangote has announced his retirement as a Director and the Chairman of the Board of Directors, effective July 25, 2025. He is relinquishing his position as chairman and retiring from the board so as to focus more attention on the Refinery, Petrochemicals, Fertiliser and Government Relations, in order to drive the company’s five-year business trajectory to a superlative height.

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

Reputed as Africa’s leading investor, Aliko Dangote leaves giant footprints as he retires 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 African continent with Nigeria accounting for 35.25Mta. Currently, additional greenfield plants are coming up in Cote 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 Amortization (EBITDA) 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 percent, from N1,760 billion at the same period in 2024 to N2,071.6 billion, representing the highest revenue in the history of the company.

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Group Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) grew by 41.8 percent to N944.900 billion from N666.22 billion. EBITDA (Nigeria Operations) grew by 82.4 percent to N845.4 billion. Profit before tax went up from N292.96 billion to N730 billion indicating 149 percent increase while profit after tax surged by 174.1 percent to ₦520.5 billion, in contrast to N189.90 billion in the same period at the preceding period. In the six months, export volumes from Nigeria increased by 18.2 percent, with 18 successful clinker shipments made to Ghana and Cameroon.

Aliko Dangote’s legacy will be counted in the millions of jobs created, the infrastructure built, and the confidence restored in African industrial potential. He has proven that Africa can produce, compete, and lead on the global stage.  It is on record that  subsidiaries under Dangote Group  paid over N402 billion in taxes in 2024, making it the highest taxpayer in the country.

The new Chairman of the Board of the Company, Emmauel Ikazoboh in his acceptance speech, said he is truly honored 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. Over the years, Dangote Cement Plc has not only become the continent’s leading cement producer but has also played a vital role in driving economic growth and development across numerous African nations.

Giving an insight into what his tenure holds for the company, he said, “my vision for Dangote Cement Plc is built upon a foundation of sustainable growth, operational efficiency, and unwavering commitment to our core values. We will continue to focus on the following key priorities, Operational Excellence, Strategic Expansion, Sustainability, Innovation and Community Engagement.

Part of the strategies he intends to introduce include driving down costs through the implementation of robust cost-reduction strategies to navigate inflationary pressures and enhance competitiveness. The company he stated will accelerate efforts to adopt alternative fuels and technologies, reducing reliance on fossil fuels and contributing to a more sustainable future.

Regarding staff welfare, he promised that the company will continue to invest in training and development, fostering a culture of excellence and empowering employees to reach their full potential.

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 (SEC) as an Interim Administrator to carry 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

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Family Holds 7th Day Remembrance for Late Hajiya Hajara Sulaiman

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Family members, friends, and well-wishers have gathered to mark the seventh-day remembrance (Fidau) of Hajiya Hajara Sulaiman, a revered matriarch who passed away at the age of 98.

 

The solemn occasion, held in accordance with Islamic tradition, was filled with prayers and reflections on a life described by loved ones as devoted, impactful, and deeply rooted in faith. Quoting the Qur’anic verse, “Kullu nafsin za’iqatul maut” (Every soul shall taste death — Qur’an 3:185), family members were reminded of the inevitability of death and the importance of a righteous life.

 

Late Hajiya Hajara Sulaiman was remembered as a pillar of strength within her family and community. Known for her patience, wisdom, and unwavering faith, she played a guiding role in the lives of many. Her teachings emphasized love, respect, and consciousness of Allah—values her family says will continue to shape future generations.

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Relatives described a profound sense of loss since her passing, noting that her absence has left a noticeable void in the home. Her voice, warmth, and presence, they said, are deeply missed. However, they also expressed gratitude for her long life and the peaceful manner in which she returned to her Creator.

 

She is survived by her children Ahmad Tijjani Inuwa, Bashir Muhammad Galadanchi, Ummukulsum Muhammad Inuwa, Imam Inuwa (Gwale), Sa’adatu Muhammad Inuwa, and Maimuna Muhammad Inuwa as well as numerous grandchildren and great-grandchildren.

 

During the remembrance, prayers were offered for her soul, asking Allah to forgive her shortcomings, grant her mercy, and admit her into Jannatul Firdaus. Among the supplications recited were: “Allahumma ighfir laha, warhamha, wa’afiha, wa’fu anha” (O Allah, forgive her, have mercy on her, grant her peace, and pardon her), and “Allahumma aj‘al qabraha rawdatan min riyadil jannah” (O Allah, make her grave a garden from the gardens of Paradise).

 

The family concluded the event with heartfelt prayers, expressing hope that her legacy of faith and kindness will endure. They affirmed that though she has passed on, her memory will continue to live in their hearts.

 

The statement was signed on behalf of the family by Imam Inuwa Gwale.

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Report: FCT Communities Decry Water Scarcity, Call for Intervention

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According to Daily Trust, residents of communities along the Airport Road corridor in the Federal Capital Territory (FCT) have raised alarm over persistent lack of access to potable water, describing the situation as a daily struggle.

 

Communities including Lugbe, Aco Estate, Goza, and Sauka say taps have remained dry for months, forcing households to depend on costly water vendors and unreliable boreholes while awaiting intervention from the FCT Water Board.

 

In Lugbe, one of the worst-hit areas, residents say they feel abandoned despite ongoing water projects across the capital.

Mrs. Grace Adebayo, a resident of Aco Estate, said her family now spends thousands of naira weekly on water.

“We are suffering in silence. The government keeps commissioning projects on television, but nothing is reaching us here,” she said.

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A youth leader in Goza, who spoke anonymously, warned that the crisis is fueling water-borne diseases.

“Our children are falling sick because we rely on shallow wells,” he said.

Another resident, Olugbenga Ajayi, decried failed borehole projects in the area. “Landlords keep digging boreholes without success. It’s a waste of money. We are suffering and need government help,” he said.

 

In Sauka, residents expressed frustration that despite water pipelines running through their community, supply has yet to be extended to their homes.

The residents are calling on the FCT Water Board to urgently expand water distribution to the Airport Road axis, noting that reliance on private vendors is unsustainable.

“We pay taxes and deserve basic amenities like those in the city centre,” a Lugbe resident said.

 

Their plight contrasts with recent high-profile water projects by the FCT Administration. In June 2025, President Bola Tinubu commissioned the $470 million Greater Abuja Water Supply Project, facilitated by FCT Minister Nyesom Wike, who has repeatedly pledged to end water scarcity.

 

The administration also flagged off the rehabilitation of the Phase II Water Treatment Plant at Lower Usman Dam and the N90 billion Bwari Township Water Supply Project, aimed at improving water access across the territory.

 

While authorities recently attributed citywide shortages to a damaged pipeline caused by a private developer, residents along Airport Road insist their communities have long been neglected.

 

They warned that without urgent intervention, the worsening water crisis could further threaten public health and livelihoods.

 

The newspaper said that efforts to reach the FCT waterboard authorities were unsuccessful.

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FG Bans Honorary Degree Holders from Using “Dr” Title

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By Yusuf Danjuma Yunusa

 

 

The Federal Government has prohibited recipients of honorary degrees from using the title “Dr” before their names in official, academic, or professional contexts, warning that violators will be treated as engaging in academic fraud.

 

The Minister of Education, Tunji Alausa, announced the directive on Wednesday in Abuja while briefing State House correspondents after a Federal Executive Council meeting.

 

Alausa said the policy was introduced to address what he described as the growing abuse and politicisation of honorary degrees in Nigeria’s tertiary education system.

 

“The recent trend in the award of honorary degrees has revealed increasing abuse and politicisation of this academic privilege,” he said.

 

He added that honorary degrees were increasingly being used for political patronage, financial inducement and recognition of serving public officials, contrary to established academic ethics.

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“We have seen awards being used for political patronage, for financial gain, and the conferral of honorary degrees on serving public officials, which should not happen,” he said.

 

The minister warned that misrepresentation of honorary degrees as earned academic qualifications would now attract sanctions.

 

“Misrepresentation of honorary degrees as earned academic credentials shall be treated as academic fraud, with legal and reputational consequences,” he stated.

 

Under the new policy, holders of honorary degrees are barred from using “Dr” as a prefix. Instead, they must clearly indicate the honorary nature of the award after their names.

 

He gave examples such as “Chief Louis Clark, D.Lit. (Honoris Causa)” and “Mrs Miriam Adamu, LL.D. Honoris Causa,” noting that the format distinguishes honorary awards from earned doctorates.

 

Alausa further explained that only four categories of honorary degrees are now recognised: Doctor of Laws (LL.D), Doctor of Letters (D.Lit), Doctor of Science (D.Sc), and Doctor of Humanities (D.Arts).

 

He also stated that universities without active postgraduate research programmes leading to PhD awards will no longer be allowed to confer honorary degrees.

 

According to him, the move is aimed at curbing the proliferation of institutions that award honorary doctorates without meeting proper academic standards.

 

The minister added that the Federal Ministry of Education and the National Universities Commission (NUC) will issue implementation guidelines to all universities, while convocation ceremonies will be monitored for compliance.

 

He said a national register of honorary degree recipients will also be published annually to protect the integrity of academic qualifications in the country.

 

Alausa confirmed that the policy has been approved by the Federal Executive Council and is now enforceable nationwide.

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