₦airaland Forum

Aliko Dangote reportedly offers to sell his refinery to NNPC.

Africa’s wealthiest man Aliko Dangote man said he is willing to give up ownership of his multibillion-dollar oil refinery to the state-owned energy company, NNPC Limited, Premium Times is reporting.

The billionaire spoke as a new dispute with one of the key equity partners in the plant heats up in the latest phase of a bitter row with regulatory authorities in Nigeria.

“Let them (NNPCL) buy me out and run the refinery the best way they can. They have labelled me a monopolist. That’s an incorrect & unfair allegation, but it’s OK. If they buy me out, at least, their so-called monopolist would be out of the way,” Mr Dangote told PREMIUM TIMES in an exclusive interview on Sunday.

We have been facing fuel crisis since the 70s. This refinery can help in resolving the problem but it does appear some people are uncomfortable that I am in the picture. So I am ready to let go, let the NNPC buy me out, run the refinery.


BREAKING: Dangote to sell $20bn refinery to NNPC
https://www.intelregion.com/news/dangote-to-sell-20bn-refinery-to-nnpc/





*📰 SOURCE: Intel Region* — Join this group to receive more news updates ↙️ https:///LM7IofTHqoP2u1M6Ksp51J

lol

the petroleum mafia is upset that someone could do in less than 3yrs what they were not able to do successfully in +60yrs

... aka showing the whole world how TRULY INCOMPETENT these people were!

They will do everything to make sure Dangote is frustrated . Tinubu will ensure this for two reasons
Firstly is ,Dangote never supported Tinubu elections , he supported Atiku and PDP wholly, and he is still pro Atiku to the core so Tinubu will not want him to have any headway .
Secondly is that when Dangote refused to support Tinubu , Bua stepped him and supported Tinubu elections massively Witt everything, now Bua too about to complete his own refinery ,Bua and Dangote have been serious political and business enemies for years ,now that Tinubu is the president , we all know who he will support

onatisi:
They will do everything to make sure Dangote is frustrated . Tinubu will ensure this for two reasons
Firstly is ,Dangote never supported Tinubu elections , he supported Atiku and PDP wholly, and he is still pro Atiku to the core so Tinubu will not want him to have any headway .
Secondly is that when Dangote refused to support Tinubu , Bua stepped him and supported Tinubu elections massively Witt everything, now Bua too about to complete his own refinery ,Bua and Dangote have been serious political and business enemies for years ,now that Tinubu is the president , we all know who he will support

Let's stop all this nonsense. What stopped Dangote from drilling his own oil to supply his refinery project? He started with 2 oil blocks back in 2020. Why not continue with that?

Dangote to commence 100,000 barrels of oil production

Na wah! Dangote dey show how serious e be about this oil matter. If NNPC fit grab am, e go make sense well-well for our economy. No be every day you see big players like Dangote ready to sell. Na opportunity wey we no fit miss!

The three wey dem grab PH, Warri, Kaduna, how far? The way una dey reason sha...even demons will be amazed!

Chinkoalhaji34:
Na wah! Dangote dey show how serious e be about this oil matter. If NNPC fit grab am, e go make sense well-well for our economy. No be every day you see big players like Dangote ready to sell. Na opportunity wey we no fit miss!

Chinkoalhaji34:
Na wah! Dangote dey show how serious e be about this oil matter. If NNPC fit grab am, e go make sense well-well for our economy. No be every day you see big players like Dangote ready to sell. Na opportunity wey we no fit miss!

If this story is true that he indeed wants to sell. We all know that NNPC will not be able to maintain the facilities and have a good turn around maintenance

Kobojunkiee:
Let's stop all this nonsense. What stopped Dangote from drilling his own oil to supply his refinery project? He started with 2 oil blocks back in 2020. Why not continue with that?

Dangote to commence 100,000 barrels of oil production

Dangote to be drilling his own oil and be supplying his own refinery!! . I no get strength to argue . But please ask people in the industry how it is done