The Nigerian National Petroleum Corporation (NNPC) says it has initiated talks with the Dangote Group about purchasing a 20 percent minority equity stake in its 650,000 barrels per day (bpd) refinery.
The Dangote Refinery, currently under construction in the Lekki Free Zone, Lagos, is expected to be Africa’s biggest oil refinery and the world’s biggest single-train facility, upon completion.
ThisDay reports that Mustapha Yakubu, NNPC chief operating officer, refining and petrochemicals, disclosed this on Wednesday at the 2021 edition of the Nigerian Oil & Gas Opportunity…
