₦airaland Forum

by Bunmi Aduloju


The Dangote Group says Aliko Dangote, its chief executive officer (CEO), hosted Bayo Ojulari, group chief executive officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, at the Dangote refinery.

In a post on X, the Dangote Group shared pictures of Ojulari inspecting the refinery in the company of Dangote and other executives on Wednesday.

“HAPPENING NOW: President/Chief Executive, Dangote Industries Limited, Aliko Dangote, hosts NNPC Group CEO, Bayo Ojulari, and top executives at the Dangote Petroleum Refinery and Petrochemicals, Saturday, 21 February 2026,” the post reads.

The development comes weeks after Dangote Industries Limited (DIL) signed gas supply agreements with NNPC for three of its subsidiaries.

In November 2025, Ojulari said the NNPC was working towards increasing its stake in Dangote refinery from 7.2 percent to 20 percent

Moroccoguy:
It's better for them to swallow their pride and ask Alhaji how he was able to set up the plant.

SadiqBabaSani:
Dangote refinery is a national pride

Wadoboy:
Richest Black man in the world, phone screen cracked.

omoh


More characters needed

keeper303:
Wetin carry your eyes go his phone . Nigerians e. You na no de disappoint.

ke :Deper303:
Wetin carry your eyes go his phone . Nigerians e. You na no de disappoint.

FreeStuffsNG:
Smh.
Ignorance is not bliss o.

NNPC is part owner of Dangote Refinery and it is to avoid conflict of interest that it makes sense to let all refineries be private sector-led.

We are not persuaded that NNPC will be able to completely insulate itself from political patronage. That is why they should run as a private organization first before building refineries.

FreeStuffsNG:
Smh.
Ignorance is not bliss o.

NNPC is part owner of Dangote Refinery and it is to avoid conflict of interest that it makes sense to let all refineries be private sector-led.

We are not persuaded that NNPC will be able to completely insulate itself from political patronage. That is why they should run as a private organization first before building refineries.

Judolisco:
nnpc stake is jst 7% or so... Na small stake

Moroccoguy:
You mean 7% is a major stake.

FreeStuffsNG:
Smh.
Po man pikin called 7% of $20 billion worth refinery small stake.

Poverty bad gan.

Judolisco:
I'm not talking about the value of d stake mr rich man.

FreeStuffsNG:
Smh.

You are ignorant yet uncouth and hostile to knowledge. All you do is insult others.

For such multi billion dollars companies, even 0.1% ownership is significant. Under corporate law, 5% ownership is usually regarded as significant ownership. I am sure that you are confusing majority ownership with significant ownership because you are ignorant and do not understand this corporate rule.

7% ownership is above 5% and considered as significant under cooperate law.

After educating you on this subject, I will now report you to the mods.

FreeStuffsNG:
Smh.

You are ignorant yet uncouth and hostile to knowledge. All you do is insult others.

For such multi billion dollars companies, even 0.1% ownership is significant. Under corporate law, 5% ownership is usually regarded as significant ownership. I am sure that you are confusing majority ownership with significant ownership because you are ignorant and do not understand this corporate rule.

7% ownership is above 5% and considered as significant under cooperate law.

After educating you on this subject, I will now report you to the mods.

SadiqBabaSani:
This it the kind of collaboration that I want to see,
Whether by hook or crook, we should refine our oil for local consumption and export in Nigeria