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NNPCL Owns Part of Dangote Refinery – Kyari Reveals

Stanley Uhegbu by Stanley Uhegbu
November 13, 2024
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Photo Credit: NNPC Source: Facebook

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The Nigerian National Petroleum Corporation Limited, NNPCL, has revealed that it is part-owner of the Dangote Refinery. 

Group Managing Director of NNPCL, Mele Kyari made this known in a statement in reaction to claims by Dangote that the corporation was undermining the operations of the refinery.

Kyari while speaking at a conference hosted by the Nigerian Association of Petroleum Explorationists in Lagos on Monday said, “The point is very far from it and I’m going to speak to it straight. We are very proud part-owners of Dangote refinery, no doubt about it.

“We saw an opportunity that there is a clear market for at least 300,000 barrels of our production; we know that as time moves on, people will start struggling to find markets for their production.

“It will happen, It’s already happening. Oil is found, as you know, in many unexpected locations across the world and people have choices.

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