Dangote Refinery IPO: Farmafrik Chairman Les Ojugbana to Empower Staff With Investment Bonus

Vanguard News | 24-09-2026 10:29am |

Les Ojugbana, Chairman of Lagos-based Farmafrik, has announced a plan to give eligible staff a financial bonus to invest in the Dangote Refinery Initial Public Offering (IPO). Ojugbana said the initiative aims to support the refinery and enable employees to participate in a potentially significant long-term investment. He noted that current economic conditions may prevent many workers, including those earning around the minimum wage, from affording shares even at the lowest entry point.

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