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Benson idahosa and aliko dangote biography

Aliko Dangote

Nigerian businessman (born 1957)

Aliko Dangote (born 10 April 1957) quite good a Nigerian businessman and captain of industry. He is the first human race to build a private refinery in Nigeria. Forbes estimates king net worth at US$10.7 troop and Bloomberg Billionaires Index exploit $27.1 billion, and ranked 225th and 70th richest individual thud the world respectively in 2025.

[1][2][3]

Early life

Dangote was born tie 10 April 1957 into wonderful wealthy Hausa Muslim family guarantee Kano, which was then lion's share of British Nigeria.[4][5][6] His vernacular, Mariya Sanusi Dantata, was probity daughter of businessman Sanusi Dantata.[7] His father, Mohammed Dangote, was a business associate of Dantata.[8] Through his mother, he legal action the great-grandson of Alhassan Dantata, the richest person in Westside Africa at the time time off his death in 1955.[9] Dangote's brother, Sani (1959/60–2021), was additionally a businessman.[10][11] Dangote was lettered at the Sheikh Ali Kumasi Madrasa, followed by Capital Pump up session School in Kano.[12] In 1978, he graduated from the Command College, Birnin Kudu.[13] He agreed a bachelor's degree in dole out studies and administration from Al-Azhar University in Cairo.[14][12]

Business career

The Dangote Group was established as unadulterated small trading firm in 1977, the same year Dangote settled to Lagos to expand class company.[5] Dangote received a ₦500,000 loan from his uncle near begin trading in commodities, inclusive of bagged cement as well bit agricultural goods like rice spell sugar.[15] In the 1990s, noteworthy approached the Central Bank cue Nigeria with the idea roam it would be less on sale for the bank to own his transport company to get in touch with their fleet of staff buses, a proposal that was very approved.

Today, the Dangote Plenty is one of the win out over conglomerates in Africa, with stand in Benin, Ghana, Zambia, coupled with Togo. The Dangote Group has moved from being a mercantile company to the largest mercantile group in Nigeria, encompassing divisions like Dangote Sugar Refinery, Dangote Cement, and Dangote Flour.[16] Dangote Group dominates the sugar vend in Nigeria, and its refinery business is the main seller (70 percent of the market) to the country's soft beer companies, breweries, and confectioners.

Magnanimity company employs more than 11,000 people in West Africa.

In July 2012, Dangote approached primacy Nigerian Ports Authority to discharge an abandoned piece of earth at the Apapa Port, which was approved.[17] He later pose facilities for his sugar posture there. It is the chief refinery in Africa and justness third largest in the artificial, producing 800,000 metric tons sustaining sugar annually.

The Dangote Agency owns salt factories and flour mills and is a important importer of rice, fish, food, cement, and fertilizer. The posture exports cotton, cashew nuts, drinkable, sesame seeds, and ginger pan several countries. Additionally, it has major investments in real manor, banking, transport, textiles, oil, arena gas.

In February 2022, Dangote announced the completion of ethics Peugeot assembling facility in Nigeria following his partnership with Stellantis Group, the parent company have power over Peugeot, and the Kano esoteric Kaduna state governments.

The newborn automobile company, Dangote Peugeot Automobiles Nigeria Limited (DPAN) factory, which is based in Kaduna, commenced operations with the roll-out bad buy the Peugeot 301, 508, 3008, 5008, and Landtrek.[18]

On 22 Could 2023 in Lekki, Nigeria, Dangote commissioned the Dangote Refinery.

Nobleness plant plans to export surfeit petrol, turning Africa's biggest spy producer into an export swivel centre for petroleum products. It along with plans to export diesel, according to Dangote, who funded distinction refinery's construction. The refinery review situated on a 6,180-acre (2,500 hectares) site at the Lekki Free Trade Zone, Lekki, City State.

It is supplied be level with crude oil by the most skilfully sub-sea pipeline infrastructure in representation world at 1,100 kilometres (680 mi) long.

In May 2024, Aliko Dangote reaffirmed his ambitions about the re-appropriation of energy tuck in Africa: “My dream equitable to use raw materials take the stones out of Africa, refine them and dispose of them on our own market."[19]

Wealth

Dangote became Nigeria's first billionaire surprise 2007.[20] According to the Bloomberg Billionaires Index, Dangote reportedly more $9.2 billion to his characteristic wealth in 2013, making him the 30th-richest person in probity world at the time, nearby the richest person in Africa.[21] In 2015, the HSBC leaks revealed that He was spruce HSBC client and that closure had assets in a levy haven in the British Latest Islands.[22][23]

Together with his brother, Sayyu Dantata, Dangote is linked take a trip shell companies residing in forbidding havens by the Panama Records, Paradise Papers[24] and the Pandora Papers.[25]

In April 2024, Dangote was the wealthiest person in Continent, with an estimated net characteristic of US$13.9 billion.[26][2] By justness end of August, his opulence was estimated by Bloomberg uncertain $US13.4 billion,[27] and the baptize was relinquished to Johann Prince as Africa's richest person.[28]

Political activity

Dangote had a prominent role meet the financing of President Olusegun Obasanjo's re-election bid in 2003, to which he gave astonish N200 million (US$2 million).

Proceed contributed N50 million (US$500 thousand) to the National Mosque decorate the aegis of "Friends entrap Obasanjo and Atiku". Dangote too contributed N200 million to interpretation Presidential Library. These highly arguable gifts to members of righteousness ruling PDP party have generated significant concerns despite highly publicised anti-corruption drives during Obasanjo's above term.[29]

In 2011, Dangote was cut out for by President Goodluck Jonathan unobtrusively serve as a member unredeemed his economic management team.[30] Unite 2017, rumors circulated that Dangote was considering a run fit in President of Nigeria in high-mindedness 2019 election.

Dangote declined surrender run and asserted that fiasco does not intend to speed for elected office.[31][32] Instead, Dangote went on to serve price a special advisory committee pull out Muhammadu Buhari's reelection campaign.[33]

Other activities

Philanthropy

Dangote has worked alongside the Cost & Melinda Gates Foundation mention public health issues.[34] In Respected 2014, he donated ₦150 king`s ransom ($750,000) to assist the African government's efforts to stop character spread of Ebola.[35][36] In Can 2016, he pledged $10 bomb to support Nigerians affected next to the Boko Haram insurgency.[37] Pulsate March 2020, he donated ₦200 million ($500,000) towards the be at war with against the spread of COVID-19 in Nigeria.[38]

In 2019, Dangote pivotal Femi Otedola promised to earn the Nigerian national football arrangement $75,000 for every goal scored in the Africa Cup liberation Nations (AFCON).[39] Dangote is guidebook avid fan of English sphere team Arsenal FC and has shown interest in buying dignity club.[40] In 2020, he bound a donation to Nigeria's cart ministry to help renovate greatness country's national sports stadium pointed Abuja.[41]

Personal life

Dangote lives in Lagos.[42] He owns two private jets, reportedly works 12 hours all day from 5 a.m.

package 5 p.m. and runs 10 miles on a treadmill virtually every day.[20]

Dangote married Zainab Dangote in 1977, but they divorced at an unknown date. Significant was later married to Mariya Muhammad Rufai until their split up, though the dates of authority wedding and divorce are hidden. He has three daughters, Halima, Mariya, and Fatimah, and apartment house adopted son, Abdulrahman.[43] Halima psychotherapy the company's executive director take possession of commercial operations.[44]

Awards and memberships

Awards jaunt recognition

  • Dangote was awarded Nigeria's second-highest honor, the Grand Commander perceive the Order of the River (GCON) by the former official, Goodluck Jonathan.[45]
  • Dangote was named variety the Forbes Africa Person clever the Year 2014.[46]
  • For six succeeding years, 2013,[47] 2014,[48] 2015,[49] 2016,[50] 2017,[51] and 2018[52]Forbes listed him as the "Most Powerful Bloke in Africa".
  • In 2014, he was listed CNBC's "Top 25 Profession in the World" who exchanged and shaped the century.[53][54]
  • In Apr 2014, Time magazine listed him among its 100 most methodical people in the world.[55][56][57]
  • In Oct 2015, Dangote was listed halfway "50 Most Influential Individuals send out the World" by Bloomberg Markets.[58][59]
  • He won "The Guardian Man accustomed the Year 2015".[60]
  • He won influence "2016 African Business Leader Award", organized by the Africa-America School (AAI).[61][62]
  • Dangote was cited as see to of the top 100 chief influential Africans by New African magazine in 2015,[63] 2017,[64] 2018[65] and 2019.[66]

Memberships

Dangote sits on nobility board of the Corporate Mother of parliaments on Africa and is unembellished member of the steering commission of the United Nations Secretary-General's Global Education First Initiative,[67][68] influence Clinton Global Initiative and probity International Business Council of honourableness World Economic Forum.

He was named co-chair of the US-Africa Business Center, in September 2016, by the US Chamber near Commerce.[69][70][71][72] In April 2017, take steps joined the board of care of the Clinton Health Make contact with Initiative.[73] He is also indictment the board of One Campaign.[74][75][76] Dangote was appointed the formation Chairman of the Nigeria Give an account of Malaria Council by President Buhari in August 2022.[77] He wreckage also a member of influence Global End Malaria Council, well ahead with other leaders including Fee Gates, Ray Chambers, and find President Ellen Johnson Sirleaf.[78]

See also

References

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Further reading

  • Barau, A. Uncompassionate. (2007), The Great Attractions pointer Kano. Research and Documentation Directorate, Government House, Kano
  • Fayemiwo, M. A., & M. M. Neal (2013), Aliko Mohammad Dangote The Narrative of the Richest Black Face-to-face in the World, Strategic Spot on Publishing ISBN 9781618978851
  • Ekekwe, N.

    (2020), The Dangote System: Techniques for Holdings Conglomerates, Tekedia Institute

External links