Tag: NNPCL
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Dangote Rejects NNPC Move to Increase Refinery Stake
By George Omagbemi Sylvester President of the Dangote Group, Aliko Dangote, has revealed that his company rejected attempts by the Nigerian National Petroleum Company Limited (NNPCL) to increase its ownership stake in the Dangote Petroleum Refinery, saying the decision was aimed at opening future participation to ordinary Nigerians and global investors. Dangote made the disclosure…
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Senate Summons NNPCL Leadership Over ₦210 Trillion Audit Gap
By George Omagbemi Sylvester The Nigerian Senate has ordered top executives of the Nigerian National Petroleum Company Limited (NNPCL) to appear before it over an alleged ₦210 trillion discrepancy uncovered in the company’s audited financial records. April 15, 2026 — The Senate Committee on Public Accounts has rejected earlier explanations provided by the NNPCL, insisting…