NNPC no longer owns 20% of Dangote Refinery

Aliko Dangote, the Chief Executive Officer of Dangote Refinery, disclosed that the Nigerian National Petroleum Corporation no longer holds a 20% share in the refinery during a press briefing in Lagos State on Sunday. The NNPC was supposed to settle their remaining balance in June, but they have not fulfilled their obligations. Currently, they only possess a 7.2% stake in the refinery.