Nigerians Will Soon Own Shares in My Refinery, Dangote Declares
Nigerians Will Soon Own Shares in My Refinery, Dangote Declares Jul 31, 2025 — by Emytrillions in News Africa’s richest man, Aliko Dangote, has declared that Nigerians will soon be able to own shares in the Dangote Refinery, as plans are underway to list the multibillion-dollar facility on the Nigerian Stock Exchange. Speaking at the Global Commodity Insights Conference on West African Refined Fuel Markets in Abuja—jointly organized by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and S&P Global Insights—Dangote emphasized that the goal is to deepen local participation and ownership in the country’s oil and gas sector. “Very soon, the refinery will be listed to give all Nigerians the opportunity to become shareholders. We are open to partnerships with African governments, private investors, and regional institutions,” Dangote stated. He noted that the vision for the refinery is not just to meet Nigeria’s energy needs but to encourage Afric...