Dangote: NNPC No Longer Owns 20% of Dangote Refinery

The Chief Executive Officer of Dangote Refinery, Aliko Dangote, has revealed that the Nigerian National Petroleum Corporation no longer owns a 20 per cent stake in the refinery.

Dangote said this while briefing journalists in Lagos State on Sunday.

He said, “NNPC no longer owns a 20% stake in the Dangote refinery. They were met to pay their balance in June but have yet to fulfill the obligations. Now, they only own a 7.2% stake in the refinery.”

Details later…

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