Dangote promotes refinery IPO at Abuja trade fair - Punch Newspapers

Dangote Group President, Aliko Dangote...Photo Credit: X / Williams Ruto.

Dangote Industries Limited, one of the sponsors of the 21st Abuja International Trade Fair, will spotlight the ongoing Initial Public Offering of the Dangote Petroleum Refinery and Petrochemicals during the company’s Special Day. The firm stated in a statement on Wednesday that the Dangote Special Day, scheduled for October 2, will feature a fireside and business interactive session involving representatives of Dangote Group, government, the organised private sector and business leaders. “The session, themed ‘Dangote Refinery, Vision 2030, ACCI and the Economy,’ will focus on the role of the Dangote Refinery in Nigeria’s economic development, including energy security, industrialisation, trade, employment generation, taxation and economic growth,” it stated. According to the company, the session will provide prospective investors, entrepreneurs, business operators and other participants with an opportunity to engage directly with representatives of Dangote Group and gain a better understanding of the refinery’s ongoing IPO and its broader economic significance. The discussions will also examine how increased domestic refining capacity could reduce Nigeria’s dependence on imported petroleum products, conserve foreign exchange, strengthen local value chains and create opportunities for businesses across the petroleum, petrochemical, logistics, manufacturing and services sectors.See more Punch stories on Google.Add Punch on Google The IPO will feature prominently in the discussions, with participants expected to examine how the public offer could broaden participation in the ownership of one of Africa’s significant industrial assets, deepen Nigeria’s capital market and provide eligible investors with an opportunity to participate in the country’s industrial transformation. Dangote to sell 500MW excess power in Kenya PHOTOS: Obasanjo, Museveni, others attend groundbreaking of Dangote’s $16bn Kenya refinery Fuel imports: We’re ready for court cases – Dangote The fireside session will bring together senior representatives of Dangote Group, the Abuja Chamber of Commerce and Industry, the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, government and the wider private sector. The company said the session would also examine Dangote Group’s Vision 2030 and its implications for industrialisation, job creation, local content development, technology transfer, investment and economic diversification. Beyond the fireside discussion, visitors to the Trade Fair will have the opportunity to engage with the Dangote Group at its pavilion, where the company will showcase products and businesses spanning cement, sugar, salt and seasoning, packaging and other sectors. Dangote Group’s participation and sponsorship of the Abuja International Trade Fair reflects its support for platforms that promote trade, investment, entrepreneurship and stronger linkages between the private sector and government. The 21st Abuja International Trade Fair, organised by the Abuja Chamber of Commerce and Industry, is expected to bring together exhibitors, businesses, investors, policymakers and members of the public for networking, market access, investment promotion and business-to-business engagement. The company said it looked forward to welcoming participants to the Dangote Special Day and its pavilion to explore the Group’s products, investment opportunities and potential areas of business collaboration. Damilola Aina Damilola Aina is a journalist at Punch Newspapers with over five years of experience covering energy, business, investment, infrastructure, and property sectors. He specializes in producing well-researched and insightful reports that inform readers and provide clarity on complex topics. Damilola’s work demonstrates practical newsroom experience, editorial insight, and a strong commitment to accurate and engaging journalism.

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