Here is the major reason, NNPC, which, few days ago, awarded $1.5 billion rehabilitation contract for Port Harcourt refinery, is all out to place over $3 billion investments on Dangote Refinery. The Nigerian National Petroleum Corporation (NNPC) has said that it plans to acquire a 20% minority equity stake in Africa’s biggest oil refining facility, Dangote Refinery, Lagos. Checks by Platforms Africa show that this plan will cost the corporation about $3 billion to purchase 20 per cemt stakea in the $15 billion Dangots Refinery. READ ALSO:…
Read MoreNNPC to stake $3bn for Dangote Refinery’s 20% equity buy-over
