Apply Now: Aliko Dangote Foundation Share Grant Initiative 2026
The Aliko Dangote Foundation (ADF) has opened applications for its Share Grant Initiative, a programme designed to promote financial inclusion, encourage savings and investment, and expand access to share ownership among eligible Nigerians.
The initiative provides support through share subscriptions in the Initial Public Offering (IPO) of Dangote Petroleum Refinery and Petrochemicals FZE, rather than through direct cash payments. It includes a student-focused scheme and a women-focused initiative, with eligibility requirements and participation procedures varying by category.
The programme aims to encourage responsible participation in Nigeria’s capital market and help eligible participants develop a stronger understanding of investing and long-term asset ownership.
About the Aliko Dangote Foundation Share Grant Initiative
The initiative is part of the Foundation’s efforts to promote financial inclusion by helping eligible individuals participate in the refinery’s public share offer.
Under the student scheme, eligible applicants who are at least 18 years old and enrolled in qualifying Nigerian tertiary institutions may qualify for an additional 10 shares funded by the Foundation after completing verification and personally applying for at least 10 shares through the designated subscription channel.
The women’s initiative has separate eligibility conditions and participation arrangements. Applicants should select the appropriate category on the official portal and review the requirements before proceeding.
Benefits of the Initiative
Eligible participants may receive support towards acquiring shares in Dangote Petroleum Refinery and Petrochemicals FZE, subject to the applicable programme rules.
For qualifying students, the Foundation may fund a separate application for an additional 10 shares at no cost to the student. However, the grant is not a cash award, and neither participation nor the Foundation-funded application guarantees that shares will be allotted.
The initiative is intended to encourage financial literacy, savings, responsible investing and wider participation in Nigeria’s capital market.
Who Can Apply?
Eligibility depends on the category selected.
For students:
- Applicants must be at least 18 years old.
- They must be currently enrolled in an eligible public or private Nigerian tertiary institution.
- They must complete the required student verification and applicable identity checks.
- They must personally apply for at least 10 refinery shares through the designated subscription channel and pay for their own subscription.
- They must satisfy the initiative’s terms and conditions.
The Foundation’s published terms exclude postgraduate students from the student initiative.
For women: Applicants should visit the official portal, select the women’s category and confirm the applicable eligibility criteria, verification requirements and subscription process before applying.
How to Apply
Interested applicants should visit the official Aliko Dangote Foundation Share Grant Initiative portal and select the appropriate category.
For students, the process involves providing the requested institution and matriculation details, completing student verification, proceeding through the designated subscription channel, completing the necessary KYC requirements and applying for at least 10 shares.
Applicants must pay for their own share subscription. Any additional shares funded by the Foundation are subject to its terms and the IPO’s allotment process.
For women, applicants should follow the specific instructions provided under the women’s section of the official portal.
Official application portal: https://ipo.alikodangotefoundation.org/
Application deadline: 13 October 2026, according to published information on the current refinery share offer. Applicants should confirm the applicable deadline and current offer status on the official portal before proceeding.
Important Notice
The initiative is not a scholarship, a cash grant or a guarantee of investment returns. Applicants should read the official terms and conditions, privacy notice and applicable IPO documents carefully before submitting personal information or making payment.
Use only the Foundation’s official portal and designated subscription channels. Share allotment is not guaranteed, and the value of shares may rise or fall.
