Aliko Dangote Foundation Share Grant

The Aliko Dangote Foundation (ADF), in collaboration with the Federal Government through the Federal Ministry of Education, has introduced the Student Share Grant Initiative to promote financial inclusion and encourage investment among eligible Nigerian students.

The initiative is linked to the Initial Public Offering (IPO) of Dangote Petroleum Refinery and Petrochemicals FZE (DPRP). It targets students aged 18 and above currently enrolled in qualifying public or private tertiary institutions in Nigeria.

Under the scheme, students must complete the required verification process and apply for at least 10 shares in the DPRP IPO through the designated student subscription channel.

To be eligible,

• be a Nigerian

• be at least 18 years old

• be enrolled in an accredited Nigerian public or private tertiary institution (Eligible institutions include universities, polytechnics, colleges of education, and other recognised tertiary colleges.)

• successfully complete verification and apply for 10 Dangote Refinery IPO shares through the designated student channel.

• Eligible students who successfully complete verification and apply for the shares may qualify for additional support from ADF.

• The foundation will submit a separate application for 10 more DPRP shares on their behalf, at no cost to them.

• The additional application is limited to 10 shares per eligible student, regardless of the number of shares personally requested.

• This means students can seek an additional share application without paying for it separately.

To apply,

• 1

  Visit the Dangote Foundation's website and complete the required student verification process.

• 2

  Apply for at least 10 shares in the DPRP IPO through the designated student channel.

• 3

  If eligible, ADF will submit a separate application for 10 additional shares on your behalf at no cost. Final allotment remains subject to the IPO process.

• 4

  Interested students should review the initiative’s terms and conditions and the IPO requirements before applying.

• 5

  They should also ensure that their student information and personal details are accurate during verification.