Dangote Refinery Will Be Listed on Stock Exchange Latest July, Says Billionaire Founder

Aliko Dangote, president and chief executive of Dangote Group, has said his giant refinery will be listed on the Nigerian stock exchange latest in the next five months. 

Dangote announced this on Saturday while speaking with journalists during a tour of the facility by the management team of the Nigerian National Petroleum Company Limited, led by Bayo Ojulari.

According to him, plans are underway to allow individuals to purchase shares in the refinery within the next four to five months.

“Individually, Nigerians too will have an opportunity… in the next maximum four or five months, they will actually be able to buy their shares,” Dangote said.

Dangote added that investors would have flexibility in how they receive dividends from their investments.

“People will have a choice either to get their dividends in naira or to get their dividends in dollars because we earn dollars,” he said.