Africa’s largest petroleum refinery, the Dangote Refinery, and Nigeria National Petroleum Company Limited (NNPC Ltd) have renewed their commitment to a strategic partnership aimed at strengthening Nigeria’s energy security and economic prosperity.
The renewed collaboration followed high-level discussions during a visit by an NNPC Ltd delegation to the refinery facility.
The delegation was led by the Group Chief Executive, Engr. Bashir Ojulari, and included a comprehensive tour of the 650,000 barrels-per-day refinery.
Engr. Ojulari praised the President of Dangote Group, Aliko Dangote, for his vision and resilience in delivering the massive refinery project, which positions Nigeria as a key downstream hub in Africa.
Describing the partnership as transformational, Engr. Ojulari said the alliance would “unlock synergies across assets, infrastructure, capital, and markets,” while enhancing transparency and coordination in NNPC-Dangote business relations. He also highlighted opportunities for expansion into upstream operations, trading, shipping, and gas supply.
The NNPC chief further commended Bola Ahmed Tinubu for providing policy clarity and investor-friendly reforms that have strengthened confidence in Nigeria’s oil and gas sector.
Aliko Dangote emphasized that Nigerians would be the ultimate beneficiaries of the partnership, noting that the collaboration would deliver economies of scale and unlock value across markets.
NNPC Ltd currently holds a 7.25 percent stake in the Dangote Refinery — a strategic investment aligned with its downstream growth objectives and commitment to expanding domestic refining capacity.
Both organizations reaffirmed their commitment to deepening cooperation to ensure energy security, stimulate industrial growth, and create sustainable value for Nigerians.
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