Nigeria’s energy landscape is set for a major boost as the Nigerian National Petroleum Company Ltd (NNPCL) and Dangote Group renew their commitment to strategic collaboration.
The Group Chief Executive Officer of NNPC Limited, Bashir Bayo Ojulari
led a top management delegation to Dangote Group’s 650,000 barrels-per-day refinery complex in Ibeju-Lekki, Lagos for high-level talks and a facility tour.
Ojulari praised the President of the Dangote Group, Aliko Dangote, for his vision and perseverance, describing the refinery as a game-changer that positions Nigeria as a major downstream hub in Africa.
He said the renewed alliance will unlock synergies across assets, infrastructure, capital and markets, while opening opportunities in upstream operations, trading, shipping and gas supply.
Ojulari also credited President Bola Ahmed Tinubu for policy clarity and investor-friendly reforms that are driving confidence in Nigeria’s oil and gas sector.
In his response, Dangote said Nigerians will be the ultimate beneficiaries, as the partnership delivers economies of scale and greater value across markets.
NNPC Limited currently holds a 7.25 percent stake in the Dangote Refinery, a strategic investment aimed at boosting domestic refining, energy security and industrial growth.
(Editor: Nkoli Omhoudu)
