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Premium Times
Africa · 6 hrs ago
75◉ Centre
Dangote rejects NNPC’s bid for bigger refinery stake, pushes for wider ownership
75Credibility
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Credibility 75/100
Partisan intensity 35/100
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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.

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Score: 75Opens in app
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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