Nigerians to buy shares in refinery — Dangote
Oil Politics, Headlines Sunday, February 22nd, 2026
By Udeme Akpan
President of Dangote Group, Aliko Dangote, said that Nigerians will soon be able to invest directly in the Dangote Refinery, describing the move as part of efforts to broaden public ownership of the project.
Dangote stated this on Saturday during the visit of the Group Chief Executive Officer of NNPC Limited, Bayo Ojulari, to several sections of the Dangote refinery, including the master control room.
He said: “Individually, Nigerians too will have an opportunity… in the next maximum four or five months, they will actually be able to buy their shares.
“They are holding 7.25 per cent of the shares that we have here… and they are holding that on behalf of Nigerians.
“People will have a choice either to get their dividends in naira or to get their dividends in dollars because we earn dollars.
“I think the sky is the limit and we [NNPC and Dangote Refinery] will cooperate and also make sure that we work together to make sure that we make Nigerians proud.
“Most likely, depending on our own discussions with them, we will partner with them, maybe in some of the upstream. They, too, will partner with us here because here is not a refinery. It’s an industrial hub.”
Related Posts
- Fresh details emerge on why Tinubu, APC shut door on Fubara
- ICE arrests Nigerian national in Los Angeles over fraud
- Return to your home countries to apply, Trump tells Nigerians, other Green Card applicants
- Senegal’s president, Faye, sacks Prime Minister, Sonko, after months of tensions
- Police officer, Newton Isokpehi, who threatened to kill citizens over video recording arrested in Anambra State
Short URL: https://newnigerianpolitics.com/?p=70116
Posted by admin
on Feb 22 2026. Filed under Oil Politics, Headlines.
You can follow any responses to this entry through the RSS 2.0.
You can leave a response or trackback to this entry
