Aliko Dangote announced plans to list his $20 billion oil refinery on the stock market to enable widespread ownership.
The listing aims to allow every Nigerian to become a direct owner of the refinery, emphasizing its status as a legacy project.
Dangote expressed that there would be no purchasing limits for shares, allowing investors significant participation in ownership.
The refinery seeks to pay dividends in U.S. dollars to benefit both local and diaspora Nigerians.- Business Insider Africa