Reactions have trailed the recent report indicating that the Nigerian National Petroleum Corporation intends to buy a 20% equity stake in the Dangote refinery. The refinery which has been under construction for some years now with its resumption date shifted thrice now has a 2022 date for launch.

The Dangote refinery is reputed to be Africa's biggest and the world's largest single-train plant. According to Thisday, the NNPC Chief Operating Officer, Refining and Petrochemicals, Mr. Mustapha Yakubu made the investment plans known at the end of a two-day Nigeria Oil and Gas Opportunity Fair (NOGOF) tagged: “Leveraging Opportunities and Synergies for Post Pandemic Recovery of the Nigerian Oil and Gas Industry.”

Read more: https://theexclusiveafrica.net/2021/05/28/mixed-reactions-trail-nnpcs-move-to-acquire-20-equity-stake-in-dangote-refinery/