Premium Times
Africa · 6 hrs ago
✦ 75◉ Centre
Dangote rejects NNPC’s bid for bigger refinery stake, pushes for wider ownership
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Credibility 75/100
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◉ Centre ✓ Fair headline
Dangote has rejected NNPC Limited's attempt to increase its stake in the $20 billion Dangote Petroleum Refinery, stating his preference is to broaden ownership among multiple investors rather than concentrate control.
Dangote rejects NNPC’s bid for bigger refinery stake, pushes for wider ownership
Aliko Dangote says he opposed moves by NNPC Limited to increase its stake in the $20 billion Dangote Petroleum Refinery, insisting the company’s strategy is to broaden ownership and attract more investors rather than concentrate control in one institution.
The post Dangote rejects NNPC’s bid for bigger refinery stake, pushes for wider ownership appeared first on Premium Times Nigeria.
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