ABUJA, Nigeria (VOICE OF NAIJA)-Aliko Dangote, President of Dangote Group, has said the planned listing of Dangote Petroleum Refinery on the Nigerian Exchange will enable more Africans to directly participate in and benefit from the continent’s industrial expansion.
Dangote made this known during a visit by officials of South Africa’s Government Employees Pension Fund (GEPF), Public Investment Corporation (PIC), and Alterra Capital Partners to the refinery in Ibeju-Lekki, Lagos State, where he emphasised the importance of large-scale industrial investments across Africa.
According to him, the planned listing is intended to broaden investment access, create employment opportunities, strengthen production capacity, and support economic growth across the continent.
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“We want Africans to be part of this journey and benefit directly from the industrial opportunities being created,” he said.
Dangote noted that the refinery was initially developed to meet Nigeria’s energy requirements, but rising demand in both domestic and export markets has made expansion increasingly necessary.
He added that large-scale industrial projects are essential for reducing dependence on foreign supply chains and strengthening Africa’s economic resilience.
Chairman of GEPF, Frans Baleni, described the refinery as evidence of Africa’s capacity to deliver transformational infrastructure through strong leadership and strategic investment, adding that growing investor interest reflects increasing confidence in Africa-driven industrialisation.