Businessman Femi Otedola said on Monday that he received the news of the death of vice president of Dangote Group Sani Dangote with ‘great sadness’.
Dangote, who was the younger brother of Africa’s richest man Aliko Dangote, died on Sunday after a protracted illness in a US hospital.
Mr Otedola said although it is a sad development, it is an opportunity to celebrate the deceased’s business acumen.
“Despite this sad loss, it is also an opportunity to celebrate a man I respected greatly not only in his personal life, but also as a business man. My prayers and thoughts remain with the Dangote family,” he said in an Instagram post.
Dangote was the chairman of Dansa Holdings, a subsidiary of the Dangote Group that produces beverages.
He also owned Dansa Foods Limited, Dansa Energy, Sagas Energy Limited, Bulk Pack Services Limited, Dansa Agro Allied Limited, and Dangote Farms Limited.
Dangote loved playing polo which earned him two-time presidency of Lagos Polo Club.
The businessman sat on the board of several other companies including Nigerian Textile Mills Plc, Nutra Sweet Limited, Gum Arabic Limited, Dangote Textile Mills Limited, Alsan Insurance Brokers, Dan-Hydro Company Limited, Dansa Food Processing Company Limited and Dangote Farms Limited.