President and Chief Executive of Dangote Industries Limited, Aliko Dangote, don reaffirm him commitment to make di ongoing Initial Public Offering (IPO) of Dangote Petroleum Refinery and Petrochemicals become true "People's IPO", as e assure retail and small investors say dem go receive priority allocation if oversubscription happen.
He also indicate say he fit offer additional shares in Refinery to di public if di ongoing IPO attract more demand pass wetin di present offer fit carry.
Dangote talk say dem deliberately structure di offer to broaden ownership of one of Africa most strategic industrial assets and give millions of Nigerians opportunity to participate directly for di refinery growth and future value creation.
Africa richest man talk say one of di core objectives of di offer na to build one of di largest shareholder communities for Africa, with target to attract no less than 10 million investors from Nigeria and across di continent.
On di IPO, Dangote talk say: "Dis na more than capital-raising exercise. E be historic opportunity to deepen financial inclusion, democratise wealth creation and enable ordinary Nigerians to become co-owners of world-class industrial enterprise.
From di beginning, our vision na to create genuine People's IPO wey go allow millions of Nigerians to share directly for di success of dis refinery."
He emphasise say while di company welcome participation from all categories of investors, allocation decisions if oversubscription happen go dey guided by di principle of broad-based ownership.
"If dem oversubscribe di offer, retail and small investors go receive priority consideration. We don determine to ensure say ordinary Nigerians no go dey crowded out by large subscriptions," he talk.




















