For Failing To Meet Equity Contribution, NNPC’s Stake In Dangote Refinery Slashed To 7.2%

In a significant development, Aliko Dangote, the Chairman of Dangote Group, announced that the Nigerian National Petroleum Company Limited’s (NNPCL) stake in his refinery has been drastically reduced. The stake, which initially stood at 20%, has been slashed to 7.2%. Dangote made this revelation during a press briefing at the refinery on Sunday, attributing the … Continue reading For Failing To Meet Equity Contribution, NNPC’s Stake In Dangote Refinery Slashed To 7.2%