Chairman and Chief Executive Officer (CEO) Dangote Group, Aliko Dangote, has said he is ready to give up ownership of his multibillion-dollar oil refinery to the state-owned energy company Nigerian National Petroleum Corporation Limited (NNPCL). Nigeria’s online news medium, PREMIUM TIMES, in an exclusive report, quoted Dangote as saying that the NNPCL should buy him out and run the refinery the best way they can. So I am ready to let go, let the NNPC buy me out, run the refinery. So I am ready to let go, let the NNPC buy me out, run the refinery. In a statement the company said the representatives observed the testing of Automotive Gas Oil (diesel) from two petrol stations alongside Dangote Petroleum Refinery, and praised the company for its significant investments and contributions to Nigeria’s development.

Source: The Guardian July 22, 2024 16:05 UTC