Ondo State Governor Lucky Aiyedatiwa has announced plans to purchase shares in the Dangote Petroleum Refinery for 500 young entrepreneurs in the state. The initiative aims to expose youth to investment opportunities and promote financial inclusion. The announcement was made during the 2026 Ondo State Entrepreneurs Summit in Akure, where over 8,000 entrepreneurs gathered.
The governor emphasized the importance of empowering young people through economic participation. By acquiring shares in the Dangote Group, the state government hopes to create a platform for youth to engage in wealth creation. This move is part of broader efforts to support local entrepreneurship and sustainable development.
The initiative reflects the administration’s commitment to fostering economic growth and reducing unemployment among the youth. The shares will be distributed to selected entrepreneurs, providing them with a stake in a major national business. The program is expected to enhance financial literacy and encourage long-term investment strategies among the younger population.
The governor’s decision underscores the role of public-private partnerships in driving economic progress. The Dangote Refinery, a key player in Nigeria’s energy sector, will benefit from increased youth engagement. This project is seen as a step toward building a more resilient and inclusive economy in Ondo State.
