Emir Sanusi fires back at Dangote Refinery critics, says IPO will spread wealth across Nigeria

Author: NwaforPublished on: September 18, 2026Country: Nigeria
PoliticsBusiness & Economy
Emir Sanusi fires back at Dangote Refinery critics, says IPO will spread wealth across Nigeria

The Emir of Kano, Khalifa Muhammadu Sanusi II, urged entrepreneurs in Kano State to take advantage of the Dangote Refinery's Initial Public Offering (IPO), emphasizing that equity ownership is a powerful vehicle for wealth creation. He described the refinery as a landmark project capable of transforming Nigeria's economy by reducing its dependence on imported petroleum products. Sanusi also recalled his experience with Aliko Dangote, highlighting the importance of producing locally the goods consumed in Nigeria.

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