“It’s particularly crucial” — Dangote explains why Nigerians should shop for refinery shares

“It’s particularly crucial” — Dangote explains why Nigerians should shop for refinery shares

By the time we complete listing, every lone one will own portion of our businesses and we will produce a pool of cash…”

Davido then thanked the businessman, saying, “Thank you, sir.”

The appearance came amid the working Dangote Refinery IPO, which opened on September 14 and is scheduled to finish on October 13, 2026.

The present comprises 4.1 billion shares priced at ₦525 each, including a minimum subscription of 10 shares, meaning eligible investors can contribute from ₦5,250.

The refinery has been promoted as a “individuals’s IPO,” including Dangote saying the offering is intended to expand ownership and permit standard Nigerians and other eligible investors to purchase stakes in the firm.

The Times Square appearance placed the Nigerian-owned refinery’s IPO on one of Modern York’s most important computerized advertising locations, together with the billboard carrying the communication, “Made in Nigeria. We will carry on including even our fertilizer. Built for the World.”

Watch video below …

GistReel

Afrobeats star Davido has asked billionaire businessman Aliko Dangote why it is key for Nigerians to purchase shares in the Dangote Petroleum Refinery.

Davido posed the detail during a recent interaction using Dangote in Fresh York, where the two were seen together as the refinery’s Initial People Offering (IPO) was being promoted on a Nasdaq virtual billboard in Times Square.

Responding, Dangote said wider ownership of the refinery would support circulate prosperity and wealth across Africa.

“Well, it’s remarkably necessary owing to the reality that that is the merely manner to extend prosperity and worth everywhere in Africa. And like I said, this is not going to be the earliest and the persist.

Source: “It’s very important” — Dangote explains why Nigerians should buy refinery shares

Terfa Ukende

Terfa Ukende is a Nigerian travel writer, blogger, and the founder of Watch Nigeria. Combining an analytical background in Computer Science and Statistics from Joseph Sarwuan Tarka University, Makurdi (JOSTUM) with years of on-the-ground fieldwork, Terfa has crossed dozens of Nigerian cities—from Kano and Yola to Lagos and Port Harcourt. He founded Watch Nigeria to counter regurgitated travel advice with firsthand, independently verified reporting on routes, accommodations, and local culture. When not on the road, he is planning his next cross-country expedition.

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