Dangote Refinery: NNPC's 20% stake reduced to 7.2% due to unfulfilled obligations.

Aliko Dangote, CEO of Dangote Refinery, stated that the Nigerian National Petroleum Corporation (NNPC) no longer owns a 20% stake in the refinery. Dangote revealed that the NNPC was meant to pay their balance in June but has not fulfilled their obligations, resulting in their stake reducing to 7.2%. The statement was made during a briefing in Lagos State, Nigeria.