Career News

Aliko Dangote resigns from Dangote Flour Mills

Aliko Dangote
Aliko Dangote

Africa’s richest person and billionaire, Aliko Dangote with three other directors resigned from the board of Dangote Flour Mills on Monday as majority owner Tiger Brands cut funding support to its struggling Nigerian division.

South Africa’s Tiger Brands said it was “currently exploring various alternatives with regard to its investment in Dangote Flour Mills, which also announced a change of name to Tiger Branded Consumer Goods Plc.

YOU MAY ALSO LIKE:   Dangote cannot afford to buy Arsenal football club - Etcetera

Aliko Dangote holds 10% of the company’s equity in through Dangote Industries. The other directors who resigned are Olakunle Alake, Asue Ighodalo and Arnold Ekpe.

Moneyweb

Kindly share this story

Similar Posts

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.