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NGX Group: Dangote Refinery’s IPO will be Game Changer
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THISDAYLIVE
The refinery now accounts for one fifth of Europe’s jet fuel imports, reinforcing its position as a major force in global aviation fuel trade, market data has shown.
Kwairanga said Dangote Refinery was already well known to Nigerians, having helped to resolve the shortage of refined petroleum products, one of the biggest problems in Nigeria, a leading crude oil producer in the world.
“We view it as a game changer given the enthusiasm that it has raised among investors and the general populace.
According to him, “The mega listing of the Dangote Refinery is imminent and that should bring several million new investors into the capital market.
Against this backdrop, Dangote Refinery has emerged as a reliable and competitive supplier, reinforcing Nigeria’s growing importance in global refined products trade.