Aliko Dangote, President of Dangote Industries Limited, has projected that shares of Dangote Petroleum Refinery, currently offered at N525 each, could appreciate to N10,000 in the future. He assured small-scale investors in the refinery's Initial Public Offering that they would receive priority in share allocation. Dangote made these remarks in Hausa during an interview with Abis Fulani, discussing the IPO, potential returns, and investment benefits. He explained that retail investors seeking relatively small allocations would be favored over large institutional investors, who may not receive the full volume of shares requested.
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