Tag Archives: Dangote Refinery Responds To NNPCL’s Claims

Dangote Refinery Responds To NNPCL’s Claims, Clarifies Refinery’s Financial Structure

BY ABU-SATAR HAMED LAGOS, NIGERIA – The Dangote Refinery Company has addressed widespread inquiries from the media and concerned stakeholders following a report attributed to the Nigerian National Petroleum Company Limited (NNPCL). The report suggested that a $1 billion loan, secured by NNPCL and backed by crude, played a crucial …

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