L-R: Group Vice President, Oil & Gas and Fertiliser, Dangote Industries Limited, Devakumar Edwin; Company Secretary, Dangote Petroleun Refinery & Petrochemicals, Christian Meseko; President/CE, Dangote Industries Limited, Aliko Dangote; Group Managing Director / Chief Executive Officer, Vetiva Capital Management Limited, Chuka Eseka and CEO, Dangote Petroleun Refinery & Petrochemicals, David Bird; at the signing ceremony of Dangote Petroleum Refinery & Petrochemicals FZE Initial Public Offering (IPO) in Lagos on Monday
• Dangote Refinery seeking to democratise ownership across Africa
Peter Uzoho
Dangote Petroleum Refinery and Petrochemicals (DPRP) has signed the registration documents for the biggest Initial Public Offering (IPO) in Africa, valued at approximately N2.2 trillion, about $1.6 billion.
The people-centric offering targets up to 10 million Nigerian investors, including low income earners, through a Bank Biometric Verification Number (BVN)-integrated subscription process.
