Aliko Dangote, president of the Dangote Group, says the Aliko Dangote Foundation will soon announce plans to contribute to a climate fund targeting parts of Nigeria susceptible to floods.

In an open letter on Wednesday, Dangote thanked President Bola Tinubu for his leadership and farsightedness on the Bar Beach land reclamation project in Victoria Island, Lagos.

He said that through the project, a coastline once prone to incessant floods was transformed into an emerging new district.

“Asiwaju of Africa, your foresightedness is even more visible in view of the tragic incident in Kerr County, Texas, USA where over 100 lives have sadly been lost to flash flooding,” Dangote wrote.

He praised the success of the Eko Atlantic City project, adding that the development is among the president’s many legacies.

Dangote also commended Tinubu’s broader infrastructure agenda, including the Lagos–Calabar coastal highway and the Sokoto–Badagry superhighway, describing both as transformative and long overdue.

“Indeed, Your Excellency, your inspired move recalls a similar methodology in a land reclamation process in Zeeland, Netherlands, where submerged land was transformed into usable, dry land, primarily for agriculture and settlement,” he said.

“This practice, which was applied to combat flooding, is a testament to the Dutch ingenuity and perseverance in managing water resources and creating a habitable landscape in a challenging environment. The same ethos resonates in the Bar Beach project, for which I salute you!”

The businessman extended condolences to the victims of recent flooding in the United States and reflected on Nigeria’s challenges with climate-related disasters.

He said that the Aliko Dangote Foundation would soon be rolling out a major climate resilience initiative.

“Our dear nation has also suffered significant losses in lives and property due to rising sea levels and incidents of flash flooding. In honour of your vision, the Aliko Dangote Foundation will soon be announcing plans to contribute to a Climate Fund that will target those vulnerable parts of our country which are susceptible to this natural disaster,” he said.

Dangote’s foundation spends $35 million annually on programmes across Africa, approximately N50 billion yearly on “Giving Back to Africa,” according to TIME.

On May 20, TIME listed Dangote on its top 100 philanthropists for 2025 — the only Nigerian on the list.