"I have already arranged that 25 per cent of my wealth will go to my foundation" Says Aliko Dangote
By: Olufemi Orunsola
Nigerian Billionaire and Industrialist who is the President of the Dangote Group, Aliko Dangote, has revealed that he has already made firm arrangements to ensure that a significant portion of his wealth will be dedicated to philanthropy after his death.
OPEN TELEVISION NAIJA (OTN) News reports as gathered from The Cable that Dangote disclosed that 25 percent of his entire fortune has already been allocated to the Dangote Foundation, reinforcing his long-standing commitment to social impact and humanitarian development.
In his speech during a public engagement, Dangote said the decision was carefully planned and documented, stressing that wealth should outlive its owner in the form of positive contributions to society.
According to him, the foundation will continue to serve as a vehicle for addressing some of Africa’s most pressing challenges long after he is gone.
“In the event of my death, I have already arranged that 25 percent of my wealth will go to my foundation,” Dangote stated. “This is to ensure that the work we are doing in health, education, and poverty reduction does not stop.”
The Dangote Foundation has played a major role in philanthropic activities across Nigeria and the African continent. Its initiatives span healthcare interventions, including support for disease control programs, nutrition projects aimed at reducing child malnutrition, educational scholarships, and emergency relief for displaced persons affected by conflict or natural disasters.
Dangote explained that beyond donating money, he has focused on building strong institutional structures to ensure transparency, accountability, and sustainability within the foundation. He noted that governance systems are already in place to manage the funds responsibly and maximize long-term impact.
OTN News observes that in recent times, Aliko Dangote has made strategic succession moves as he gradually hands over his businesses to his children while operating from the background.
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