The federal executive council (FEC) has approved the sum of $2.76 billion for the acquisition of a 20 percent minority equity stake in the Dangote Refinery. Timipre Sylva, minister of
Tag "Dangote refinery"
Timipre Sylva, minister of state for petroleum resources, says the federal government’s decision to acquire equity in private refineries is to prevent fuel scarcity. He said this on Thursday in
The Nigerian National Petroleum Corporation (NNPC) is reportedly in talks with investors to borrow $2.5 billion to acquire a stake in the Dangote Refinery. Reports by Daily Independent, said the
Dangote Group says three oil firms from Western and Middle East countries have initiated talks to buy a stake in its 650,000 barrels per day (bpd) refinery. Devakumar Edwin, group
The Nigerian National Petroleum Corporation (NNPC) says it has initiated talks with the Dangote Group about purchasing a 20 percent
The Department of Petroleum Resources (DPR) has published a list of private refineries with a valid permit to operate in
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says arrangements have been to enable the Dangote Refinery sell
The management of Dangote Refinery says it is committed to protecting fishing activities in the Lekki coastal environment. The yet-to-be
The national assembly says Dangote refinery, upon completion, will further hasten Nigeria’s economic recovery by strengthening the naira. Sabo Nduka,
Dangote Group says petroleum products from its 650,000 per day refinery will hit the market by early 2022 against the
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