Refinery: Our N2.2trn IPO’ll democratise wealth creation —Dangote

Aliko Dangote, President and CEO of Dangote Industries Limited, stated that the Initial Public Offering (IPO) of Dangote Petroleum Refinery, valued at N2.2 trillion, will allow Nigerians and global investors to own shares in a major industrial project in Africa. The IPO, offering 4.1 billion ordinary shares at N525 each, aims to broaden ownership of a major industrial asset and create value for millions. Dangote emphasized that this initiative is not just about raising funds but enabling more people to benefit from the prosperity created by the refinery.