Billionaire businessman Aliko Dangote on Thursday assured Nigerians that efforts are underway to stabilize prices of essential goods and services, while also promising the listing of shares from his refinery on the stock exchange.
Dangote, speaking at a business forum in Lagos, said the Dangote Group is committed to boosting local production and increasing supply of refined petroleum products to ease inflationary pressures.
He also announced plans to list stocks from the Dangote Refinery, describing it as a step toward greater transparency, investment opportunities, and public participation in the nation’s industrial growth.
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Our focus is on making products affordable and accessible for Nigerians, while creating value for investors,” Dangote said.
Economic analysts say the refinery’s stock listing could attract significant investment and help improve liquidity in Nigeria’s capital markets, while local production may reduce dependence on imported fuel.
