Aliko Dangote, the Chief Executive Officer of Dangote Refinery, disclosed that the Nigerian National Petroleum Corporation (NNPC) now holds a reduced stake of 7.2% in the refinery, down from an initial 20%. Speaking to journalists in Lagos State on Sunday, Dangote noted that NNPC was supposed to complete payment by June but has not fulfilled this obligation, resulting in the decrease in their ownership stake.
Further details to follow.
