Don’t Sell Homes Or Spend School Fees On Dangote Shares, Emir Sanusi To Investor - Investment

Don’t Sell Homes Or Spend School Fees On Dangote Shares, Emir Sanusi To Investor - Investment - Nairaland

Nairaland Forum › Nairaland General › Investment › Don’t Sell Homes Or Spend School Fees On Dangote Shares, Emir Sanusi To Investor (14314 Views)

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Don’t Sell Homes Or Spend School Fees On Dangote Shares, Emir Sanusi To Investor by aworatak(op): 5:31pm On Sep 17

The Emir of Kano, Muhammadu Sanusi II, has advised prospective investors against risking essential funds, such as their children’s school fees or primary residences, to purchase shares.

Speaking on Thursday at the Dangote Refinery IPO investor roadshow in Kano, the traditional ruler urged residents to invest only disposable income they can afford to lock away for the long term.

He recommended modest, manageable sums such as ₦10,000, ₦20,000, or ₦30,000 rather than seeking quick profits through short-term speculation

His words, “Do not take your children’s school fees and put in shares. Do not sell the house that you live in and put in shares.

“But what you can afford, 10,000, 20,000, 30,000 – what you can afford to set aside for some time, set it aside. And if you look at the fundamentals of the economy, over time you can be assured that this investment will grow, and you will not regret it.

“I speak as the Emir of Kano; I would like my people to be owners of this company.

“I do not want us to be left behind in the capital markets. I do not want us to be left behind in financial inclusion. So this is the time and this is the opportunity,” he said.

He also advised prospective investors to choose a long-term approach rather than buying shares in anticipation of quick profits.

“And I’m not talking about someone who will buy 5,000 shares and want to sell tomorrow and believe he will get 10,000. No, I’m talking about you have some money, put it in, leave it there for some time, and just watch your money grow.

“Forget about it for some time. You’ll be surprised in five years the 10,000 Naira you invest today, what it will be. The 100,000 Naira you invest, what it will be,” Sanusi said.

He noted that the physical location of the refinery in Lagos is irrelevant, as ownership and profits belong strictly to the shareholders regardless of where the infrastructure sits.

“It doesn’t matter where the refinery is located. It could be located in Lagos, or Ibadan, or on the moon. It is the shareholders who own it.

“It is the shareholders who own it. It’s the shareholders who take the return. It is the shareholders who own the profit,” he added.

Emir Sanusi also praised Kano-born businessman Aliko Dangote and encouraged residents to secure a stake in the venture before the public offering closes.

https://www.vanguardngr.com/2026/09/dont-sell-homes-or-spend-school-fees-on-dangote-shares-emir-sanusi-tells-investors/

19 Likes 2 Shares

Re: Don’t Sell Homes Or Spend School Fees On Dangote Shares, Emir Sanusi To Investor by aworatak(op): 5:32pm On Sep 17

He who has ears let him hear and listen.

52 Likes 1 Share

Re: Don’t Sell Homes Or Spend School Fees On Dangote Shares, Emir Sanusi To Investor by lordm(m): 6:23pm On Sep 17

I need to buy like 20000 naira worth of shares

2 Likes

Re: Don’t Sell Homes Or Spend School Fees On Dangote Shares, Emir Sanusi To Investor by Hopez456(m): 6:30pm On Sep 17

No truer advise than this!

Share buying is not a Ponzi or get rich quick scheme, that's what many of the less informed investors don't know.

35 Likes 1 Share

Re: Don’t Sell Homes Or Spend School Fees On Dangote Shares, Emir Sanusi To Investor by femi4: 6:51pm On Sep 17

Just used my salary..I come against every spirit of cibex

13 Likes 1 Share

Re: Don’t Sell Homes Or Spend School Fees On Dangote Shares, Emir Sanusi To Investor by mycar: 6:52pm On Sep 17

Good advice from Emir Sanusi

13 Likes

Re: Don’t Sell Homes Or Spend School Fees On Dangote Shares, Emir Sanusi To Investor by Jayjayconcept: 6:53pm On Sep 17

The Rich are milking the poor and selling them hope called investment 😊

You guys are called Ordinary share holders 🤣

The rich will keep expanding and accumulating wealth and industries for himself and cronies with una contributions

While you get peenuts as dividend annually 🤣

Dangote can't answer a simple direct question by Arise TV on why is fuel expensive?he was saying people are smuggling fuel to Niger😊 bla bla bla

Very smart man and his Billionaire syndicate
Imagine having 10 million Nigerians as ordinary share holders,
They will defend him and his refinery online and offline
Profit or loss,shame or without shame 😊

Please invest wisely 🙏

58 Likes 7 Shares

Re: Don’t Sell Homes Or Spend School Fees On Dangote Shares, Emir Sanusi To Investor by Gbadugbakun(m): 6:53pm On Sep 17*

It's common sense. Once the middle East war ends the price of crude oil would drop drastically making the price of shares to drop as well. So if you want to invest wait until it crashes to like N70 then buy. Buying it now is very risky.

50 Likes 4 Shares

Re: Don’t Sell Homes Or Spend School Fees On Dangote Shares, Emir Sanusi To Investor by MrPresident1: 6:53pm On Sep 17

Is good to invest yua money but done invest yua money in monkey business

4 Likes 1 Share

Re: Don’t Sell Homes Or Spend School Fees On Dangote Shares, Emir Sanusi To Investor by Saturnalia(m): 6:55pm On Sep 17

Let them sell their homes & properties na, we’ll be here to read their book of lamentations on Nairaland frontpage.

7 Likes

Re: Don’t Sell Homes Or Spend School Fees On Dangote Shares, Emir Sanusi To Investor by emperor4love(m): 6:55pm On Sep 17

Former cbn governor have given you guys advise,play with it

12 Likes

Re: Don’t Sell Homes Or Spend School Fees On Dangote Shares, Emir Sanusi To Investor by sunnytechhimsel: 6:57pm On Sep 17

I don't usually rush for something like this anyway, one needs to be careful in this country

11 Likes 1 Share

Re: Don’t Sell Homes Or Spend School Fees On Dangote Shares, Emir Sanusi To Investor by DMCA: 6:57pm On Sep 17

T-Bills better pass some shares
use bamboo or ladda

43 Likes

Re: Don’t Sell Homes Or Spend School Fees On Dangote Shares, Emir Sanusi To Investor by BOOKWORMLUX(m): 6:58pm On Sep 17

Too Late sir
How do you expect us to buy benz

Dangote said it'll reach #10,000

2 Likes

Re: Don’t Sell Homes Or Spend School Fees On Dangote Shares, Emir Sanusi To Investor by bassdow: 6:58pm On Sep 17

Hopefully, we no go later hear say na Fake News. Say no Be Him talk am

Re: Don’t Sell Homes Or Spend School Fees On Dangote Shares, Emir Sanusi To Investor by aestake: 6:58pm On Sep 17

emperor4love:
Former cbn governor have ~~giving~~ given you guys advise,play with it

jgygfgfgvgghgyyghghghg

2 Likes

Re: Don’t Sell Homes Or Spend School Fees On Dangote Shares, Emir Sanusi To Investor by bassdow: 6:58pm On Sep 17

bassdow:
Hopefully, we no go later hear say na Fake News. Say no Be Him talk am

You know say our poliThiefCians sabi deBunk talks

Re: Don’t Sell Homes Or Spend School Fees On Dangote Shares, Emir Sanusi To Investor by ARISHEM: 6:59pm On Sep 17

Those who purchase shares are in expectation issues in strait of Hormuz remain and Trump will not surrender to Iran

Re: Don’t Sell Homes Or Spend School Fees On Dangote Shares, Emir Sanusi To Investor by ppogba: 6:59pm On Sep 17

If people can sell their houses for Betnaija, why not Dangote refinery shares?

1 Like

Re: Don’t Sell Homes Or Spend School Fees On Dangote Shares, Emir Sanusi To Investor by EggonBoy(m): 6:59pm On Sep 17

MrPresident1:
Is good to invest yua money but done invest yua money in monkey business

Make I invest 200,000 and leave it for 200years

1 Like

Re: Don’t Sell Homes Or Spend School Fees On Dangote Shares, Emir Sanusi To Investor by pigmania: 7:00pm On Sep 17

What exactly is Dangote trying to raise funds for by selling shares to the people at this time? If he really cares about Nigerians, let him sell fuel at 1k per liter.

9 Likes

Re: Don’t Sell Homes Or Spend School Fees On Dangote Shares, Emir Sanusi To Investor by franchasng: 7:02pm On Sep 17

Tinubu chatbots who are nothing but fake lovers of Dangote are even encouraging Nigerians to sell their kidneys to buy Dangote refinery shares because Tinubu has turned Nigeria to Tokyo cheesy

7 Likes 1 Share

Re: Don’t Sell Homes Or Spend School Fees On Dangote Shares, Emir Sanusi To Investor by BATified2023: 7:02pm On Sep 17

lordm:
I need to buy like 20000 naira worth of shares

just one economic shake up then your money.......otilo

If u can't buy anything above 10 million n leave it for at least 10 years then don't touch it

30 Likes 1 Share

Re: Don’t Sell Homes Or Spend School Fees On Dangote Shares, Emir Sanusi To Investor by Gotocourt: 7:02pm On Sep 17

Warning shots fired, if you like jonz grin

Re: Don’t Sell Homes Or Spend School Fees On Dangote Shares, Emir Sanusi To Investor by techWriter001: 7:03pm On Sep 17

Concise and dripping with confidence! Definitely a good, solid endorsement.

Technical Writer

Re: Don’t Sell Homes Or Spend School Fees On Dangote Shares, Emir Sanusi To Investor by malali: 7:04pm On Sep 17

Only sensible advice I’ve heard so far.

Dangote obviously needs to raise capital. For the first time, his Buhari–Emefiele combo isn’t in power, so the easy political-money route is gone. His options are simple: take expensive loans or sell equity. And equity is clearly the easier route.

Nigeria’s borrowing costs are around 30%, while U.S. rates are above 7%. Equity lets him raise billions without paying interest, and if the share price later collapses, shareholders eat the loss, not Dangote.

Then there’s the refinery itself. Buying into refining at the peak of an Iran-driven oil-price cycle is a serious risk. If the conflict ends tomorrow and crude prices crash, margins get squeezed immediately. Unlike cement, where limestone is essentially available at negligible cost, a refinery has to continually buy crude, its primary feedstock.

And let’s stop pretending refining is a money-printing machine. Refining margins are notoriously thin, and globally, refinery closures have outnumbered new openings for years. This is a brutally capital-intensive business.

What’s also telling is how quickly Dangote has brought this business toward the public equity market compared with his other ventures. He typically builds and operates businesses for years before sharing ownership with the public.

I’m not saying the shares are a bad investment. I’m saying the refinery is nowhere near the easy-money story people are selling.

If you’re a smart investor, don’t chase the hype. Let the stock get hammered first. If it eventually falls toward ₦200, that’s when the risk-reward gets interesting.

18 Likes 1 Share

Re: Don’t Sell Homes Or Spend School Fees On Dangote Shares, Emir Sanusi To Investor by Lanretoye(m): 7:04pm On Sep 17

Dangote just dey use people head make money

Re: Don’t Sell Homes Or Spend School Fees On Dangote Shares, Emir Sanusi To Investor by givedemwotowoto: 7:05pm On Sep 17

So this has to be a national issue that everyone now has to weigh in on?

But people were abducted and murdered in Niger state but it’s all quiet and looks normal?

Why is personal financial management the hot topic over kidnappings and killings ravaging the country?

3 Likes

Re: Don’t Sell Homes Or Spend School Fees On Dangote Shares, Emir Sanusi To Investor by Glimpsetv: 7:06pm On Sep 17

So you won't end up like this man:

https://www.nairaland.com/8749351/driver-crashes-ford-galaxy-into#140660034

Nlfpmod see. Lol

1 Like

Re: Don’t Sell Homes Or Spend School Fees On Dangote Shares, Emir Sanusi To Investor by Riversides2003(m): 7:07pm On Sep 17

True talk. Some people just Dey buy they don’t know what they are even buying

3 Likes

Re: Don’t Sell Homes Or Spend School Fees On Dangote Shares, Emir Sanusi To Investor by Artiiclebeast: 7:07pm On Sep 17

I dumped my money on US stocks, ETFs and my retirement IRA account instead of playing kalo kalo with my hard-earned money in a one-man business.

If Dangote and his friends, the likes of Melee Kyari, Emefiele, Wigwe, etc control 85% of the refinery stock, while his other inner circle controls another 12%, I wonder how much valuation will earn 100m+ poor Nigerians who hold the remaining 3% a reasonable fortune and ROI. The worthlessness of the naira aside oh.

7 Likes

Re: Don’t Sell Homes Or Spend School Fees On Dangote Shares, Emir Sanusi To Investor by omoredia: 7:08pm On Sep 17

Hehe dangote na investor sabinus. Owo jo na oo lol

1 2 3 Reply

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