PRESIDENT DANGOTE GROUP, ALIKO DANGOTE OFFERS TO SELL THE DANGOTE REFINERY TO THE NIGERIAN NATIONAL PETROLEUM CORPORATION LIMITED.

President of Dangote Group, Aliko Dangote, has made an offer to sell the Dangote Refinery to the Nigerian National Petroleum Corporation Limited.

Speaking in an exclusive interview with newsmen, the businessman expressed his willingness to sell the refinery to address allegations of monopoly in the industry.

He stated that if the NNPCL takes over the refinery, the allegations of monopoly would no longer be valid.

This is coming after the Chief Executive Officer of Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed, made claims that the Dangote refinery had requested the regulator to stop giving import licenses to other marketers to be the only fuel supplier in Nigeria.

Ahmed also alleged that the refinery’s product is inferior.

Image credit:dangote.com