NGX Group: Dangote Refinery’s IPO will Be Game Changer
Ndubuisi Francis in Abuja
Chairman of the Nigerian Exchange Group (NGX Group), Dr. Umaru Kwairanga, has stated that the impending Initial Public Offering (IPO) of Dangote Refinery will be a game changer, given the enthusiasm that it has generated among investors and the general public.
The company, Kwairanga noted, is already well known to Nigerians, having helped to resolve the shortage of refined petroleum products, one of the biggest problems in Nigeria, a leading crude oil producer in the world.
In an interview on RFI Hausa, Kwairanga said: “The announcement by my big brother and mentor that he will sell a stake in what is viewed as a national treasure to the public has been met with much cheer and anticipation and we are looking forward to the biggest public offer ever in Nigeria, if not Africa.
