Dangote Refinery IPO: Europe should thank Tinubu, Nigeria for keeping planes flying – President
President of Dangote Group, Aliko Dangote, said Europe should thank Nigeria, under the leadership of President Bola Ahmed Tinubu, for keeping its planes flying. Dangote made this disclosure on Monday as Dangote Refinery’s Initial Public Offering, IPO went live on the Nigerian Exchange Limited, NGX. According to him, Dangote Refinery has been the largest supplier of jet […] Dangote Refinery IPO:…
Africa's wealthiest man, Aliko Dangote, has stated that Europe owes its ability to maintain air traffic to Nigeria, under President Bola Ahmed Tinubu's governance. This assertion came as Dangote Refinery's Initial Public Offering commenced on the Nigerian Exchange Limited, NGX. Dangote emphasized that the refinery has been Europe's principal provider of jet fuel since August 2026.
"Dangote Refinery is the largest supplier of jet fuel to Europe," he declared. "Europe must truly thank Nigeria under President Tinubu for ensuring their planes continue to fly." At present, Dangote Refinery's IPO is assessed at N2.15 trillion, or $1.6 billion. The refinery's IPO encompasses 4.1 billion ordinary shares, each valued at $0.000013, with an offer price of N525 per share aimed at attracting 10 million Nigerian investors.
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