Dangote Talk Say N525 Refinery Share Fit Reach N10,000 As New Share Sale Near!

Reported by Musa Antiketu,| Journalist at Obaland magazine.

Aliko Dangote don talk say share wey Dangote Petroleum Refinery wan offer at N525 fit rise reach N10,000 one day, if di business continue to grow and market conditions favour am.

Dangote make dis statement as investors dey prepare for di refinery first public share sale, wey dem call IPO. Di share sale go start on September 14, 2026, and e go close on October 13, 2026. About 4.1 billion shares dey inside di offer, while person fit start with 10 shares, wey go cost N5,250 at di N525 price.

According to Dangote, small investors wey wan buy shares with smaller money go get priority during di sharing of di available shares before some big institutional investors. E mean say ordinary Nigerians wey meet di requirements fit get chance to own small part of di refinery.

Dangote also give example say if person put N5 million for di shares at N525 and di price later reach N10,000, di value of di investment fit pass N50 million. But dis na only projection, e no be promise say di share must reach dat price.

Di refinery dey target expansion of production capacity, while di planned share sale fit raise more than N2 trillion if investors subscribe fully. After di share enter di Nigerian stock market, demand, supply, company performance, profit, oil-market conditions and wider economy go help determine wetin di share price go become.

For investors, di important matter be say N10,000 na Dangote prediction, not guaranteed return. Anybody wey wan put money for di offer suppose understand di risks, check di official offer documents and use approved channels before making any investment decision.

Sources: Channels Television, Punch Newspapers, Trust Radio, Legit.ng and TheTimes Nigeria.

Dangote talk say Dangote Refinery share wey dem offer at N525 fit reach N10,000 one day, as di planned share sale dey prepare to open for investors.