Nigeria: NNPC gets green light to take 20% Dangote refinery stake


Issue 444 - 26 Aug 2021 | 1 minute read

Amid concerns that billionaire Aliko Dangote could emerge with a monopoly position in the local products market,  Nigerian National Petroleum Corporation (NNPC) has won government approval to acquire a 20% stake in the oil refinery being developed by Dangote Group in the Lekki Free Zone near Lagos.

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