Popular Nigerian presidential candidate backs Dangote’s ₦2.15tn refinery IPO as investors scramble to own a stake in Africa’s biggest refinery
Peter Obi, the 2027 presidential candidate of the Nigeria Democratic Congress, has publicly backed the ongoing ₦2.15 trillion Initial Public Offering (IPO) of the Dangote Petroleum Refinery and Petrochemicals.
By Awogbemila TemitopeSouth Africa

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Mr Peter Obi. [Getty Images]
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About this article
- Length
- 5 words · 1 min read
- Published
- September 16, 2026
- Byline
- Awogbemila Temitope
- Source
- Business Insider