Dangote Petroleum Refinery and Petrochemicals (DPRP) has raised concerns over the circulation of unauthorised and misleading reports suggesting a potential Initial Public Offering (IPO), warning the public to treat such information with caution.
In a statement, the company noted that several online platforms and unofficial sources have published unverified and, in some cases, inaccurate claims regarding a possible offering. It stressed that these reports did not originate from the organisation and should not be relied upon.
DPRP clarified that all official updates concerning any potential transaction would be communicated strictly through its formal public disclosures and announcements issued by its appointed advisers, in line with applicable laws and regulatory requirements.
The company advised investors, stakeholders, and the general public to disregard speculative commentary and depend solely on verified information released through its authorised channels.
Reaffirming its commitment to transparency, corporate governance, and market integrity, DPRP also emphasised the need for responsible public communication. It urged analysts, commentators, and social media influencers to rely only on authenticated information when reporting on its activities.
The refinery assured stakeholders that, when appropriate, comprehensive and accurate details regarding any proposed transaction would be made available through official channels, including regulatory filings, authorised press releases, and coordinated communications by the company and its advisers.
