AFRICA'S RICHEST MAN, ALIKO DANGOTE EXITS DANGOTE FLOUR MILLS

ALIKO DANGOTE

Africa and Nigeria's richest man, Aliko Dangote, today Monday, November 16, 2015 resigned his membership of the Board of the Dangote Flour Mills, this comes even as the company's South African majority share owner Tiger Brands has reduced its support to its Nigerian investment.

Aliko Dangote who owns 10% of the Dangote Flour Mills resigned alongside 3 other directors, Olakunle Alake, Arnold Ekpe and Asue Ighodalo.

The company has also announced a change of its name to Tiger Branded Consumers Goods Plc.