Dangote rejects NNPC offer to increase stake in refinery
May 14, 2026 at 10:11 AM
That single statement may have just revealed how massive the Dangote Refinery project has become. Aliko Dangote has disclosed that the Nigerian National Petroleum Company Limited (NNPC) attempted to increase its 7.25% stake in the $20bn Lekki refinery, but the offer was rejected because the company wants ordinary Nigerians and wider...
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