Aliko Dangote Foundation Student Share Grant Initiative: 10 Shares For Nigerians

Dangote Foundation Student Share Grant 2027 Abstract & Quick Facts

Scholarship Host: Aliko Dangote Foundation
Host Country:  Nigeria 
Benefits: 10 Unit Shares
Eligibility: Undergraduate Students from Nigeria
Deadline: October 23, 2026

Aliko Dangote Foundation Student Share Grant 2026 Details

The Aliko Dangote Foundation Student Share Grant Initiative is a financial inclusion programme intended to encourage Nigerian students to develop an understanding of saving, investing, share ownership, and the formal capital market.

Under the programme, eligible students who complete the required student verification and apply for at least 10 shares in the Dangote Petroleum Refinery and Petrochemicals FZE IPO through the designated channel may qualify for the Foundation to submit and fund a separate application for an additional 10 shares on their behalf.

The additional application is provided at no cost to the eligible student. However, students must fund their own qualifying subscription, and the Foundation’s support does not guarantee that either application will result in an allotment of shares.

The initiative is specifically tied to the Dangote Petroleum Refinery and Petrochemicals FZE IPO. It is not a general cash grant and cannot be used to purchase shares in another company or in another person’s name.

Applicants should read the official initiative’s FAQs, terms and conditions, and privacy notice before providing personal information or making a payment.

Dangote Foundation Student Share Grant Benefits

• An eligible student who completes the required process and personally subscribes for at least 10 shares may qualify for ADF to fund an application for another 10 shares.
• At the reported offer price of ₦525 per share, the additional 10-share application has an offer value of ₦5,250. This is not a cash payment to the student.
• The initiative gives participating students an opportunity to learn about share subscriptions, investor verification, capital-market procedures, and the distinction between applying for shares and actually receiving an allotment.
• By participating in the process, students can develop a better understanding of investment decisions, risk, ownership, and the formal financial system.

Aliko Dangote Foundation Share Grant Requirements

To be considered for the 2027 Aliko Dangote Foundation Share Grant, applicants must satisfy the following criteria:

• be a Nigerian
• be at least 18 years old
• be enrolled in an accredited Nigerian public or private tertiary institution (Eligible institutions include universities, polytechnics, colleges of education, and other recognised tertiary colleges.)
• successfully complete verification and apply for 10 Dangote Refinery IPO shares through the designated student channel.

Eligible Programmes for Chevening Scholarship

All accredited university, polytechnic, and college of education programmes are eligible for the grant.

How To Apply for Chevening Scholarship 2027

The step-by-step guide to apply for the Chevening Scholarship is as follows;

• Visit the official scholarship portal (Click the link below).
• Visit the Dangote Foundation's website and complete the required student verification process.
• Apply for at least 10 shares in the DPRP IPO through the designated student channel.
• If eligible, ADF will submit a separate application for 10 additional shares on your behalf at no cost. Final allotment remains subject to the IPO process.
• Interested students should review the initiative’s terms and conditions and the IPO requirements before applying.
• They should also ensure that their student information and personal details are accurate during verification.

Application Deadline: October 13, 2026

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