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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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Atiku Wins ADC Presidential Primaries in Kano

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By Abbas Yushau Yusuf

Former Vice President Atiku Abubakar has emerged victorious in the presidential primaries of the African Democratic Congress (ADC) held in Kano State, securing an overwhelming majority of votes cast across the state’s 484 wards.

Announcing the results in Kano on Tuesday, Dr. John Ayuba, a representative of the ADC national headquarters, declared that Atiku polled 155,995 votes to defeat his closest rivals in the keenly contested exercise.

According to the official figures released at the end of the collation process:

Atiku Abubakar — 155,995 votes

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Rotimi Amaechi — 15,914 votes

Mohammed Hayatu-Deen — 9,994 votes

Dr. Ayuba stated that the primary election was conducted peacefully across all the 484 wards in Kano State, with party officials and delegates participating in the democratic process.

Speaking shortly after the announcement, he said the outcome of the Kano exercise would now be transmitted to the ADC national leadership for final collation and ratification.

“The election was conducted in the 484 wards of Kano State. We are going to forward the results to the national headquarters, and from there we will know who becomes the presidential flagbearer of the party,” he said.

 

The outcome further strengthens Atiku’s influence within the party structure in Kano, one of Nigeria’s most politically significant states with a large voting population.

Political observers say the margin of victory recorded by the former vice president reflects his strong grassroots support and established political network in northern Nigeria ahead of the next general election.

Supporters of Atiku who gathered at the venue of the announcement celebrated the victory, describing it as a sign of confidence in his leadership experience and national appeal.

Meanwhile, party officials urged members to remain united after the exercise and work towards strengthening the ADC ahead of the presidential election.

The ADC national headquarters is expected to compile results from other states before making an official declaration on the party’s presidential candidate.

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Pantami Defects to PDP, Secures Guber Ticket for Gombe Governorship Race

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Pantami Def

By Yusuf Danjuma Yunusa

Professor Isa Ali Pantami, the immediate past Minister of Communications and Digital Economy, has been elected as the governorship candidate of the Peoples Democratic Party (PDP) for Gombe State ahead of the 2027 elections.

Pantami secured the ticket through voice affirmation at the party’s primary election held on Tuesday in Gombe. The event, which took place at a designated venue in the state capital, saw party stakeholders unanimously endorse the former minister as their flagbearer.

The Chairman of the PDP Electoral Panel, Gregory Yenlong, subsequently declared Pantami the sole aspirant. In a video circulating online and posted by Nigerian Affairs Journal, Yenlong announced: “I declare Prof. Isa Aliu Pantami the duly elected and sole gubernatorial candidate of the PDP in the state.”

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Speaking to a crowd of supporters after his emergence, Pantami said his decision to join the race was driven by a desire to serve the people of Gombe State. He pledged that if elected in 2027, his administration would be guided by fairness and justice.

“I contested for the seat to offer service to the people of the state,” Pantami said. “If I am elected, I promise that my administration will prioritise equity and good governance.”

Pantami is expected to face the All Progressives Congress (APC) governorship candidate, Jamilu Gwamna, in the 2027 election.

Prior to his emergence as the PDP candidate, Pantami had withdrawn from the APC governorship primary in Gombe State, citing alleged violations of the Electoral Act and irregularities in the party’s electoral process. He had opposed the consensus arrangement that produced Gwamna as the APC candidate.

Following the APC primaries, four PDP governorship aspirants raised concerns over what they described as attempts to bring Pantami into the PDP race. In a communiqué issued after an emergency meeting on Sunday in Gombe, the aspirants—Alhaji Abdulkadir Hamma Saleh, Hon. Khamisu Ahmed Mailantarki, Hon. Usman Aliyu Garry, and Mrs. Monica Kaltho—argued that the law does not permit a candidate to defect from one political party to another and contest the same election after votes had already been cast and counted in his favour in another party’s primary.

The aspirants stated that while they welcome all well-meaning individuals into the PDP, they strongly object to any attempt to involve a person who had already participated in another party’s primaries.

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Court Clears Former President Jonathan for 2027 Presidential Race, Imposes N21 Million Fine on Plaintiff

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By Yusuf Danjuma Yunusa

A Federal High Court in Abuja has ruled that former President Goodluck Jonathan is eligible to contest in the 2027 presidential election, dismissing a suit seeking to disqualify him.

The case was brought by a lawyer, Johnmary Jideobi, who asked the court to restrain Jonathan from presenting himself as a candidate to any political party for the 2027 poll. He also sought an order preventing the Independent National Electoral Commission (INEC) from accepting, processing, or publishing Jonathan’s name as a presidential candidate.

Jideobi had asked the court to determine whether, based on Sections 1(1), (2), (3) and 137(3) of the 1999 Constitution, Jonathan remained eligible to seek the office of president again.

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In his ruling on Tuesday, Justice Peter Lifu held that Jonathan could lawfully participate in the election. The judge noted that both a Federal High Court in Yenagoa and the Court of Appeal had previously ruled that Jonathan was eligible to run, and that he was bound by the appellate court’s decision.

Justice Lifu also ruled that Jideobi lacked the legal standing to bring the suit, as he had not suffered any direct loss from Jonathan’s alleged intention to run. The judge described the lawsuit as “an abuse of court process” and dismissed a motion by Jideobi seeking the judge’s recusal, calling the motion frivolous.

The court awarded a N20 million fine against Jideobi in favour of the former president, and an additional N1 million fine in favour of the Attorney-General of the Federation (AGF).

The ruling comes after a faction of the Peoples Democratic Party (PDP) led by Kabiru Tanimu Turaki last week offered Jonathan a waiver as the party’s sole presidential candidate for 2027.

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