# Gombe Buys Dangote Shares for 28,284 Women

> Gombe State funds 28,284 women's Dangote Refinery shares with N149.2m.
- Title: Gombe Buys Dangote Shares for 28,284 Women · The Rio Times
- Summary: Gombe State funds 28,284 women's Dangote Refinery shares with N149.2m. Gombe State approved N149.2 million for 28,284 vulnerable women to buy 20 Dangote…
- Keywords: gombe state, dangote refinery, aliko dangote foundation, nigeria, women shares, state funding, share offer, news, world, politics, Gombe, Buys
- Source: The Rio Times — https://riotimesonline.com/gombe-buys-dangote-refinery-shares-28284-women-2026
- Author: Samuel Ncube
- Published: 2026-10-16T16:06:18+00:00
- Read time: 1 min
- Topics: gombe state, dangote refinery, aliko dangote foundation, nigeria, women shares, state funding, share offer, news, world, politics
## Gombe State Approval
Gombe State approved N149,224,806 for Dangote Refinery shares for 28,284 vulnerable women.
## Share Allocation Details
Each woman receives 10 state shares and 10 matching shares from the Aliko Dangote Foundation.
## Governor's Approval
Governor Muhammadu Inuwa Yahaya approved the funding on Thursday 15 October 2026.
## Funding Amount
The state releases N149.2 million (US$112,045) for 28,284 women in 11 local government areas.
## Foundation Match
The Aliko Dangote Foundation adds 10 matching shares per woman for a total of 20 shares.
## Share Offer Price
The Dangote Refinery offers shares at N525 (US$0.39) each with a minimum purchase of 10 shares.
## Women's Eligibility
The programme targets vulnerable women in all 11 local government areas of Gombe State.
## Oversight Committee
A multi-sector committee oversees delivery with officials from finance, women affairs, and poverty reduction.
## Yobe State Comparison
Yobe State approved N230.62 million for 43,928 women with matching shares from the foundation.
## Share Offer Timeline
The Dangote Refinery share offer closes on Tuesday 27 October 2026 after a two-week extension.
## US Readers Note
US investors cannot participate as the programme is for Nigerian vulnerable women only.
## Unanswered Questions
The state does not specify how women are chosen or when shares will be delivered.
## What Comes Next
The committee will publish who qualifies and how shares will be held by the closing date.
## Key takeaway

Gombe State approved N149.2 million for 28,284 vulnerable women to buy 20 Dangote Refinery shares each, with matching shares from the Aliko Dangote Foundation.