‘Don’t sell your house to buy Dangote shares’ – Sanusi warns Kano investors

The Emir of Kano, Muhammadu Sanusi II, has advised prospective investors not to usage their children’s schoolhouse fees oregon merchantability their homes to bargain shares successful Dangote Refinery.

Sanusi gave the proposal connected Thursday portion speaking astatine the Dangote Refinery Initial Public Offering (IPO) capitalist roadshow successful Kano.

He encouraged Kano residents and different funny investors to put lone wealth they could spend to permission untouched for immoderate time. He suggested starting with amounts specified arsenic N10,000, N20,000 oregon N30,000.

He said, “Do not instrumentality your children’s schoolhouse fees and enactment successful shares; bash not merchantability the location that you unrecorded successful and enactment successful shares.

“But what you tin afford, N10,000, N20,000, N30,000; what you tin spend to acceptable speech for immoderate time, acceptable it aside. And if you look astatine the fundamentals of the economy, implicit clip you tin beryllium assured that this concern volition grow, and you volition not regret it.”

The Dangote Refinery IPO opened connected September 14, with capitalist outreach activities continuing crossed the country.

Sanusi urged Ka...