By the end of 2016, Dangote Group will be listed on the London Stock Exchange.
This was disclosed on Tuesday, by the Group’s President, Alhaji AlikoDangote, in a video interview with Bloomberg.
He said: “I think we will list in London. What we are trying to do now, between now and maybe the next six to 10 months is actually trying to address all the governance issues.
“I think we will be ready to list sometimes towards ending of 2016 at the latest, which means anytime between the beginning and the end of 2016.”
Last year, Seplat Petroleum Development Company Plc, an indigenous oil and gas company, joined the list of Nigerian companies listed on the LSE.
Speaking on oil price and the Nigerian economy, Dangote said the country could do well with crude price of $60 per barrel.
“Oil at $60, if Nigeria is doing what is right, actually will do well. We don’t need oil at $110 because it is not really a realistic price, so to speak,” he said.