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Africa’s Richest Man Says Planned Oil Refinery Listing Aims To Put Ownership In Nigerian Hands
Yahoo Finance· 2025-12-16 21:30
Nigerian billionaire Aliko Dangote says his plan to list his $20 billion oil refinery on the stock exchange is driven by a desire to make everyday Nigerians part-owners of one of the country’s most ambitious industrial projects. In a recent interview with members of the press, Dangote said the proposed listing of the 650,000-barrel-per-day refinery is not about retaining dominance over the asset, but about creating long-term shared value. “At the moment, our main interest is to list on the exchange, so t ...