Dangote Petroleum Refinery and Petrochemicals has firmly rejected market speculation about a possible initial public offering, urging investors and the public to ignore unverified reports and rely solely on official company disclosures.
In a statement issued on Friday, the refinery expressed concern over the spread of “unauthorised information” suggesting plans for a public listing, some of which contained inaccuracies.
The company stressed that such reports did not originate from official sources and warned against acting on them. It advised stakeholders to “disregard unverified reports circulating across media and social platforms” and to base decisions only on verified filings and announcements.
