Investors Urge Dangote to List Refinery on NGX for Public Ownership, Citing Economic Benefits

Investors are calling for Dangote Group to list its petroleum refinery on the Nigerian Stock Exchange (NGX) to allow ordinary Nigerians to own shares and benefit from dividends and capital appreciation. Dr. Faruk Umar, speaking on behalf of investors, highlighted the positive economic impact of Dangote's investments in Nigeria, emphasizing job creation and the spread of manufacturing facilities.

Dangote's commitment to Nigeria's development is evident through its various business activities across key sectors. The recent partnership with Honeywell International Inc. aims to expand the refinery's processing capacity, further supporting Nigeria's manufacturing and agricultural sectors.

Dangote's reinvestment of wealth locally and philanthropic efforts through the Aliko Dangote Foundation are also noted.