Aliko Dangote Foundation (“ADF”) Share Grant Initiative is designed to promote financial inclusion and encourage a culture of savings and investment among eligible students of private and public tertiary institutions in the Federal Republic of Nigeria. 

Aliko Dangote Foundation Share Grant Initiative for Students Benefits

An eligible student who successfully completes the required verification and application process will qualify for ADF to make a separate application for an additional 10 DPRP shares on the student’s behalf, at no cost to the student.

Requirements for Aliko Dangote Foundation Share Grant Initiative for Students

To participate in the Initiative, a student must be 18 years of age or older, meet the applicable student verification and other eligibility requirements, and apply for a minimum of 10 shares in the Initial Public Offering (“IPO”) of Dangote Petroleum Refinery and Petrochemicals FZE (“DPRP”) through the designated subscription channel.

The Initiative is intended for eligible students, i.e., students currently enrolled, as at the point of application, at qualifying private and public tertiary institutions in the Federal Republic of Nigeria. These include Universities, Polytechnics, colleges of education and other colleges categorised as tertiary by the relevant regulatory authority. Postgraduate students are not eligible.

Application Deadline

Not Specified

How to Apply

Interested and qualified? Go to Dangote on ipo.alikodangotefoundation.org to apply

How to participate in the initiative

The process is:

(1) visit the official ADF Share Grant Initiative page;

(2) enter the requested student information;

(3) proceed to the designated IPO subscription platform;

(4) complete the required KYC information; and

(5) apply for and pay for a minimum of 10 shares. Subject to confirmation of eligibility and the applicable terms, ADF may thereafter fund and submit an application for an additional 10 shares on your behalf at no cost to you. 

All applications remain subject to the DPRP IPO terms and allotment process.