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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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Wike Kick-Starts Campaign for 2027 Election, Urges Rivers Electorates to Vote Tinubu

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By Yusuf Danjuma Yunusa

Minister of the Federal Capital Territory, Nyesom Wike on Tuesday urged the electorate in Rivers to support President Bola Tinubu for a second term in 2027 to sustain the progress being recorded in the state.

Mr Wike made the appeal during his “thank you” visit to Degema Local Government Area of Rivers.

He cited the unprecedented attention Tinubu is giving to Rivers ranging from development projects, appointments, and human capital development.

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The minister, who said that the Rivers people ‘never had it this good’, urged the people to continue their support for Tinubu to sustain the gains.

He noted that although the due attention given to Rivers was attracting envy from every quarters, supporting the reelection of Tinubu would take Rivera to greater heights.

He explained that the visit was to thank the people for the continued support, urging them to replicate the gesture in 2027.

Earlier, Peter Abe, member representing Degema LGA in the State Assembly, thanked Wike for providing the needed leadership in the state.

Mr Abe said that all communities in the state were witness to what the minister did in 2023, which was beneficial to all people in the state.

He thanked Wike for steering the state to progress, assuring him of the readiness of the people to follow his directives in 2027.

The Chairman of council, Michael Williams, assured the minister of continued support, adding that all the community structures in the LGA would support the reelection of Tinubu.

Williams noted that Wike initiative to support the election of Tinubu in the state in 2023 has brought progress in the state, stressing that supporting his reelection bid would sustain the progress.

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2027: Ex-DSS DG, Lawal Daura to Contest Katsina Governorship

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By Yusuf Danjuma Yunusa

 

Former State Security Service Director-General, Lawal Daura, has announced his plans to run for the 2027 governorship election in Katsina State. He criticized the current administration’s performance and highlighted ongoing security issues as key reasons for his decision to enter the race.

During an interview with DCL Hausa on Tuesday, Mr. Daura stated that he has finished consulting about his political aspirations and will soon reveal the political party under which he plans to run.

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He said, “I have been making consultations on the platform to use to contest, and the consultations have been concluded. Very soon, I will make the platform known.

“Why do people serve for one or two terms? If they get it right, fine. But if the reverse is the case, then there is no point in seeking re-election. It is obvious the current governor is not capable.

“It is like putting a load on somebody and adjusting it. If he complains that the load is too heavy, you have to take it down to avoid destroying fragile items. For the current administration, we can say thank you for your efforts, but you should take a break because you can’t continue.

“I never saw myself coming out to contest. I admire politics, but I only participated from the background.”

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Court reverses dissolution of NNPP executives

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Kano high court has invalidated the dissolution of state, local and ward executive Council of the New Nigerian Peoples Party (NNPP) in Kano, amounting the decision of the National Working Committee (NWC) null and void.

In an exparte order granted by Justice Nasiru Saminu on Tuesday, the equally restrained the National Working Committee of NNPP from taking any further step regarding the leadership structure of the party in Kano until the hearing and determination of motion on notice filed by the plaintiff.

In a suit No. K/06/2026 instituted by one Abdullahi Zubairu Imam and five others (plaintiffs) on behalf of the executive Committee of NNPP at 44 local government areas of the state was filed against the New Nigerian Peoples Party (NNPP) as defendant, challenging their dissolution.

In the interim injunction, Justice Saminu also directed all parties to maintain Status-Quo-Ante as at 30th December, 2025, prior to the purported dissolution directive issued by the NWC of the party.

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“After hearing on the matter filed by K.K. Njidda Esq with S.A. Muhammad Esq counsels to the Applicants the court hereby order an interim injunction restraining the Defendant/Respondent either by himself, his agents, privies cohort, ad-hoc Committees, National Working Committee or any other persons acting on its Instruction howsoever described from appointing Caretaker Committees for the State, Local Government and Ward levels Executives of Kano State or taking any further step In respect of the subject matter of this suit pending the hearing and determination of the Motion on Notice filed before this court.

“An order of interim injunction mandating the Defendant/Respondent maintain STATUS QUO ANTE as at 30 December, 2025 prior to the purported dissolution of the Kano State, Local Government and Ward levels executives pending the hearing and determination of the Motion on Notice.

“AN ORDER of this Honorable Court granting the Plaintiffs/Applicants to issue and serve the process in this suit on the Defendant at its National Secretariat situate at 11 Mahatma Gandhi Street, Area 11, Garki Abuja, Nigeria which is the outside the jurisdiction of this court”. A copy of the order as signed by Abba Sa’ad, registrar read.

Recall that the NWC of the NNPP declared the dissolution of the executive Council of the party across the party structure in Kano following the suspension of Hon. Hashim Dungurawa as Chairman of the party in the state. Dungurawa has been replaced by Abdullahi Abiya in acting capacity.

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