Dangote’s reputation to drive N2.15trn IPO — NIPR
By John Alechenu ABUJA: The President of the Nigerian Institute of Public Relations (NIPR), Dr Ike Neliaku, has expressed confidence that the planned initial public offering (IPO) of Dangote Petroleum Refinery and Petrochemicals FZE will be oversubscribed, citing investors’ confidence in the reputation of its Chairman, Aliko Dangote.
Speaking on knowledge, information, reputation and trust in public relations, he cited the Dangote Refinery as an example of how reputation can influence investment decisions.” Neliaku said the chairman of a leading airline had told him that Dangote did not have $1 billion in the bank when he started the refinery project but had the idea, knowledge and reputation to attract investment.
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