When major corporate milestones unfold, they often bring complex legal questions in their wake. Recently, discussion has swirled around whether public-private partnerships involving state governments and philanthropic foundations to buy shares in the historic Dangote Petroleum Refinery and Petrochemicals Initial Public Offering (IPO) run afoul of corporate laws—specifically regarding a company financing its own shares.
Philanthropy, Public Grants, and the Law: Decoding the Mechanics of the Dangote Refinery IPO Partnership by Lawson Akhigbe
