“We made a commercial decision to cap our investment at the amount already paid.” Word-for-word of what NNPCL spokesman, Olufemi Soneye, said on the claim by Dangote Africa’s richest man, Aliko Dangote, says the Nigerian National Petroleum Company (NNPC) Limited no longer owns 20 percent stake in Dangote Petroleum Refinery, a statement that has drawn a reaction from the state oil firm. Speaking during a press briefing at the refinery on Sunday, Dangote said NNPC now owns 7.2 percent of the refinery over failure to pay the balance of…
Read More‘20% To 7.2%,’ NNPC Reacts As Dangote Says Firm’s Stake in His Refinery Depleted
