Economy

Breaking: NNPC No Longer Owns 20% Stake In The Dangote Refinery

July 14, 2024

The Nigerian National Petroleum Corporation (NNPC) Limited no longer owns a 20% stake in Dangote Refinery.

This was announced on Sunday by the Chief Executive Officer (CEO) of Dangote Refinery, Aliko Dangote during a press briefing at the refinery on Sunday.

According to him, the NNPCL only owns 7.2% of the refinery due to the NNPC’s failure to pay the balance of their share, which was due last month in June.

“NNPC no longer owns 20% stake in the Dangote refinery. They were met to pay their balance in June, but have yet to fulfill the obligations. Now, they only own a 7.2% stake in the refinery,” Dangote said.

More details later….

ALSO READ:

Nigerian Govt, IOCs Plotting For Our Failure– Dangote Refinery

‘No Gree For Anybody’: Read What Just Happened To Dangote Refinery

Leave a Reply Cancel reply

Ibadan stampede, Circular Road, Bodija Explosion, State Development: Key Takeaways from Gov. Makinde Media Chat

December 21, 2024 No Comments

Governor Seyi Makinde’s recent media chat provided updates on key issues affecting Oyo State, including the Ibadan stampede, Circular Road project, and economic development initiatives.

Peter Obi Reacts to Tragic Stampede in Ibadan, Abuja, Anambra

December 21, 2024 No Comments

Peter Obi Reacts to Tragic Stampede in Ibadan, Abuja, Anambra I am deeply saddened and distressed by the tragic loss of lives in desperate searches

IGP WARNS AGAINST UNORGANIZED DISTRIBUTION OF PALLIATIVES, FUNFAIRS

December 21, 2024 No Comments

IGP WARNS AGAINST UNORGANIZED DISTRIBUTION OF PALLIATIVES, FUNFAIRS. …As 2 Other Incidences Hit FCT, Anambra. The Inspector-General of Police, IGP Kayode Adeolu Egbetokun, Ph.D., NPM.,

BREAKING: Oyo Amotekun Strikes Terror in Kidnappers’ Camp, Rescues Abducted Woman in Saki East

December 21, 2024 No Comments

In a daring operation, the Oyo State Amotekun Corps successfully foiled a kidnapping attempt and rescued a 27-year-old woman, Mrs. Muinat Monsuru, in Oje Owode,

Govt or Principal: Shocking Truth About Ibadan Stampede Venue Approval Exposed

December 21, 2024 No Comments

…How does it concerns Agidigbo FM Islamic High School Old Students Association has declared that it was the Oyo State government through the ministry of

Oyo State Governor Extends Olive Branch to Opposition Parties, Hints at Youthful Succession

December 21, 2024 No Comments

Oyo State Governor Extends Olive Branch to Opposition Parties, Hints at Youthful Succession In a move aimed at fostering unity and progress in Oyo State,

Segun Akinlabi

Media Blogger

EgalitarianVoice is a subsidiary of EGALITARIAN MEDIA HUB, it is a blog that keeps you up to date latest news and updates all around the world.

Our articles are written by real life geeks, seasoned and experienced authors.

The site is committed to secure your right cus your voice must be heard and advertisement of your products & services.

The site is managed by Egalitarian Segun AKINLABI who is the Editor-in-chief, others editors from Egalitarian Team Oyo State, Nigeria.

Economy

Breaking: NNPC No Longer Owns 20% Stake In The Dangote Refinery

Related

Leave a Reply Cancel reply

Related Articles

Ibadan stampede, Circular Road, Bodija Explosion, State Development: Key Takeaways from Gov. Makinde Media Chat

Peter Obi Reacts to Tragic Stampede in Ibadan, Abuja, Anambra

IGP WARNS AGAINST UNORGANIZED DISTRIBUTION OF PALLIATIVES, FUNFAIRS

BREAKING: Oyo Amotekun Strikes Terror in Kidnappers’ Camp, Rescues Abducted Woman in Saki East

Govt or Principal: Shocking Truth About Ibadan Stampede Venue Approval Exposed

Oyo State Governor Extends Olive Branch to Opposition Parties, Hints at Youthful Succession

Segun Akinlabi

Egalitarian

Ibadan stampede, Circular Road, Bodija Explosion, State Development: Key Takeaways from Gov. Makinde Media Chat

Peter Obi Reacts to Tragic Stampede in Ibadan, Abuja, Anambra

IGP WARNS AGAINST UNORGANIZED DISTRIBUTION OF PALLIATIVES, FUNFAIRS

Egalitarian Voice

Contact

More Services

Useful Links