Dangote rejects NNPC offer to increase stake in refinery

Punchng | 14-05-2026 12:37pm |

Aliko Dangote has declined the Nigerian National Petroleum Corporation's (NNPC) proposal to increase its stake in the Dangote Refinery. In a statement, Dangote emphasized his intention to pursue a public listing for the refinery, which aims to enhance the participation of Nigerian shareholders. This decision underscores Dangote's commitment to fostering local investment in the country's oil and gas sector.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.