The Aliko Dangote Foundation’s (ADF) Share Grant Initiative aims to promote financial inclusion and encourage saving and investing in Nigeria. The portal provides separate application routes for students and women.
Also, the student initiative relates to the Dangote Petroleum Refinery and Petrochemicals FZE initial public offering (IPO). Eligible students who complete verification and apply for at least 10 shares may qualify for ADF to fund an application for an additional 10 shares at no cost to them. However, neither application guarantees that shares will be allotted.
ADF Share Grant Initiative benefits
Eligible students may receive an ADF-funded application for 10 additional shares after they complete the required verification and subscribe for at least 10 shares themselves.
The initiative aims to help participants:
- Learn about saving and responsible investing.
- Gain exposure to Nigeria’s capital market.
- Build awareness of share ownership.
- Participate in the specified refinery IPO.
This is not cash paid to applicants. The offer concerns shares in the named IPO only. ADF says it may fund and submit the additional application, but participation does not guarantee funding or share allotment.
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ADF Share Grant Initiative eligibility
Student applicants
The official initiative portal says students must be at least 18, attend an eligible public or private tertiary institution in Nigeria, complete student verification, and apply for a minimum of 10 IPO shares through the designated subscription channel. Students must apply in their own names and for their own benefit.
Women applicants
The portal also has a separate route for women. Recent reporting says eligible applicants must be Nigerian women aged 18 or older, live in Nigeria, meet the rules for their applicant category, and complete identity verification and KYC. Reported categories include independent applicants with monthly income of ₦100,000 or less, verified participants in specified ADF programmes, eligible servicewomen and service spouses, and verified service widows. Check the official women’s application route for the exact category requirements.
ADF Share Grant Initiative deadline
For the women’s offer, recent reporting states that applications close on 13 October 2026. The student portal information provided here does not state a deadline, so confirm the current IPO and application dates on the official portal before proceeding.
How to apply for ADF Share Grant Initiative
Choose the route that fits your situation:
Complete the required verification and follow the instructions for your category. For students, the official portal says applicants must subscribe for at least 10 shares through the designated channel to qualify for consideration for the additional ADF-funded application.
Use only the official portal and authorised subscription channels. Do not pay an agent or share your password, PIN, or one-time passcode.
