Dangote Plans $20B Oil Refinery Stock Listing for Nationwide Nigerian Ownership: Media

© telegram sputnik_africa / Go to the mediabankDangote Plans $20B Oil Refinery Stock Listing for Nationwide Nigerian Ownership: Media
Dangote Plans $20B Oil Refinery Stock Listing for Nationwide Nigerian Ownership: Media - Sputnik Africa, 1920, 17.12.2025
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Dangote Plans $20B Oil Refinery Stock Listing for Nationwide Nigerian Ownership: Media

“At the moment, our main interest is to list on the exchange so that every living Nigerian can own part of the refinery,” a local news outlet quoted Dangote CEO Aliko Dangote as saying.

The offer extends beyond Nigerians living in the country, he added.

“The thing is about legacy; I want Nigerians to own this, and I want every single Nigerian, when the refinery does well, for them to always be able to rely on the profit of that refinery,” Dangote stressed.

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