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NNPC Seeks To Acquire 20% Stake In Dangote Refinery

NNPC Seeks To Acquire 20% Stake In Dangote Refinery       The Nigerian National Petroleum Corporation (NNPC) has expressed interest in purchasing a 20 per cent minority equity stake in Dangote Refinery, Lagos, reputed to be Africa’s biggest oil refining facility and the world’s largest single-train plant. The...

Dangote Refinery’ll Strengthen Naira, Save Economy – NASS

Dangote Refinery’ll Strengthen Naira, Save Economy – NASS       The National Assembly (NASS) has said the oil refinery being built by Dangote Group will strengthen the Nigerian currency and prevent economic doom when it comes on stream. The legislature said this on Tuesday during an inspection visit...

Dangote Refinery’ll Sell Petrol At International Price – Ahmed

Dangote Refinery'll Sell Petrol At International Price - Ahmed     The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has said when Dangote Refinery kicks off next year, it may not significantly reduce the price of petrol because the refinery will be selling at...

Dangote Refinery’ll Employ Over 70,000 Workers

Dangote Refinery'll Employ Over 70,000 Workers     Governor of Central Bank of Nigeria, Mr Godwin Emefiele, has expressed optimism about reduction in the high rate of unemployment in the country, stating that Dangote Refinery alone will employ more than 70,000 able Nigerians when it becomes operational. He...

Reps Pledge Support For Dangote Refinery

Reps Pledge Support For Dangote Refinery   The House of Representatives Committee on Local Content has said the National Assembly will provide support to ensure the successful construction of the crude oil refinery being built by Dangote Industries Limited. The committee commended Dangote Petroleum Refinery and Petrochemicals...

Dangote Refinery’ll Help Nigeria Save $10bn Forex — Ahmed

Dangote Refinery’ll Help Nigeria Save $10bn Forex — Ahmed   The Minister for Finance, Budget and National Planning, Mrs Zainab Ahmed, said on Sunday that the refinery being built by Dangote refinery in Lagos would help the country save $10 billion foreign exchange when completed. Ahmed, who...