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…

Related posts

Battle Not Over Yet – Turaki-Led PDP Faction Reveals Next Move After Appeal Court Ruling

Head of Service Gives Update on Fire Incident at Federal Secretariat, Orders Probe

Head of Service Gives Update on Fire Incident at Federal Secretariat, Orders Probe