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Business

Northern Christian leader urges members to consider Dangote refinery share offer

Source: Punch Nigeria · 27 Sep 2026, 00:00 UTC
Northern Christian leader urges members to consider Dangote refinery share offer
Image: Punch Nigeria · original report

Rev. Joseph Hayab, chairman of the Northern Christian Association, has urged Christians in northern Nigeria to consider investing in the Dangote Petroleum Refinery public offer. Speaking in Kaduna, he said religious identity should not determine investment choices and encouraged families to buy shares as part of long-term financial planning.

The chairman of the Northern Christian Association, Rev. Joseph Hayab, has urged Christians in northern Nigeria to consider investing in the Dangote Petroleum Refinery’s ongoing public share offer. Hayab made the call at a media parley in Kaduna on Saturday, responding to concerns that some northern Christians might hesitate to invest because of the religious identity of the refinery’s promoter, Aliko Dangote.

He said religious considerations should not influence investment decisions. “Business has no religion. What Dangote is selling is not Islam; Dangote is selling shares.

Shares bring money,” Hayab said. The NCA chairman urged Christian leaders to educate their members about investment and asset ownership. He said families could buy shares for children and grandchildren as part of plans to build wealth and support future education.

“If I have my way, just as they are advertising, every Christian should have 10 shares,” Hayab said. He also called on Nigerians to develop an investment culture instead of relying only on salaries and other earned income. The offer comprises 4.1 billion ordinary shares priced at N525 each.

The minimum subscription is 10 shares, valued at N5,250. The offer opened on September 14 and is scheduled to close on October 13, 2026. Hayab said the Nigerian economy would grow faster if citizens owned stakes in local businesses.

He stressed that his appeal was not limited to the Dangote offer, but extended to other legitimate investment opportunities. He said he had directed NCA members to raise awareness of the offer in churches across the region until the closing date. Hayab also appealed for an extension, saying public awareness was only beginning to increase.

He urged investors to separate business from politics, arguing that political administrations could change while businesses continued operating. He also encouraged northern Christians to participate in businesses founded by entrepreneurs from the region.

About this report
This independently written report is based on information supplied by the named publisher. Vertrix News has not independently verified the source report.
View the original source at Punch Nigeria →