Drivers, cooks, traders can own refinery shares - Dangote

Aliko Dangote, President of Dangote Industries Limited, announced that drivers, cooks, traders, and other staff will have the opportunity to own shares in the Dangote Petroleum Refinery through a proposed Initial Public Offering (IPO). This IPO, termed the 'IPO for the people', aims to broaden ownership of the 700,000-barrel-per-day refinery. The offer comprises 4.1 billion ordinary shares priced at 525 Naira each, with a total estimated value of over 2 trillion Naira.