Dangote hails Tinubu over subsidy, FX reforms

Aliko Dangote, president of Dangote Industries Limited, commended President Bola Ahmed Tinubu for removing the fuel subsidy and reforming the foreign exchange market, describing these measures as bold steps towards repositioning Nigeria's economy. During the launch of the Initial Public Offering (IPO) of Dangote Petroleum Refinery and Petrochemicals, he expressed his group's readiness to continue partnering with the government for economic development. The IPO opened with 4.1 billion ordinary shares priced at 525 Naira each.