THE GROUP CHIEF EXECUTIVE OFFICER OF NNPC LIMITED, ENGR. BASHIR BAYO OJULARI, LED A MANAGEMENT DELEGATION TO THE DANGOTE REFINERY AND PETROCHEMICAL COMPLEX IN IBEJU-LEKKI, LAGOS STATE, FOR HIGH-LEVEL DISCUSSIONS, RESULTING IN A RENEWED STRATEGIC PARTNERSHIP BETWEEN THE TWO COMPANIES.
The visit included a tour of the refinery and focused on strengthening both operational and commercial ties. NNPC LIMITED and DANGOTE REFINERY reaffirmed their shared vision for NIGERIA’S ENERGY FUTURE, emphasizing collaboration to maximize efficiency and growth.
Engr. Ojulari praised the President of the Dangote Group, ALHAJI ALIKO DANGOTE, for his leadership in delivering the 650,000 barrels-per-day facility, which positions Nigeria as a leading hub in Africa’s downstream sector.
Describing the partnership, Engr. Ojulari said it would “unlock synergies across assets, infrastructure, capital, and markets,” while also providing transparency in all business relations between NNPC and Dangote. He highlighted opportunities for expansion into upstream operations, trading, shipping, and gas supply.
He also acknowledged President BOLA AHMED TINUBU for creating an investor-friendly environment in the oil and gas sector through clear policies and reforms, which have encouraged domestic and international investment.
Alhaji Aliko Dangote stated, “Nigerians will benefit from the synergy between Dangote Group and NNPC Ltd, as our collaboration will deliver economies of scale and unlock value across markets.”
The visit concluded with both parties reaffirming their commitment to enhancing cooperation, promoting energy security, driving industrial growth, and creating value for Nigerians. NNPC LIMITED currently holds a 7.25 percent stake in the Dangote Refinery, a strategic investment aligned with its downstream growth and domestic refining objectives.
