Dangote to support 2m women with refinery shares
Aliko Dangote says his foundation will partner state governments to help two million vulnerable women acquire shares in the Dangote Petroleum Refinery IPO. Read More: https://punchng.com/dangote-to-support-2m-women-with-refinery-shares/
Aliko Dangote, CEO of Dangote Industries, revealed during the 81st United Nations General Assembly that the Aliko Dangote Foundation will collaborate with state governments to assist approximately two million vulnerable women in acquiring shares in Dangote Petroleum Refinery and Petrochemicals Limited. The foundation aims to empower widows, conflict victims, and other financially disadvantaged women to invest in the refinery's upcoming initial public offering.
Dangote explained that the foundation will facilitate the purchase of shares by eligible women while also donating additional shares to those who invest in the IPO. This initiative, part of the broader Dangote Refinery "People's IPO," seeks to increase Nigerian participation in ownership of the 700,000-barrel-per-day refinery through share sales.
Written by urgent.news from Punch Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
