Professor Emeritus of Petroleum Economics and energy expert, Prof. Wunmi Iledare, has revealed what investors will benefit as Dangote Refinery prepares for its $5 billion Initial Public Offering, IPO, in October 2026.
In an exclusive interview with DAILY POST, Iledare said investors will be closely watching the sustainability of crude oil supply and Nigeria’s governance structure.
Recall that Dangote Refinery shifted its IPO to October from September after successfully securing a $1 billion underwriting commitment.
Speaking on the Dangote Refinery IPO, one of the largest public offerings in Africa, and its potential for investors, Iledare said the prospects are good.
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He said: “What investors are looking at is the prospect. And the prospect is good.
“You cannot find any country in the world that is not sourcing one material or the other for the manufacturing of goods and services that they are producing.
“So, the only thing that
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