Dangote rejects NNPC’s bid for bigger refinery stake, pushes for wider ownership

Dangote rejects NNPC’s bid for bigger refinery stake, pushes for wider ownership

The Dangote Refinery is located in one of the Free Trade Zones in the country.

Aliko Dangote says he opposed moves by NNPC Limited to increase its stake in the $20 billion Dangote Petroleum Refinery, insisting the company’s strategy is to broaden ownership and attract more investors rather than concentrate control in one institution.

The post Dangote rejects NNPC’s bid for bigger refinery stake, pushes for wider ownership appeared first on Premium Times Nigeria.

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