KEY POINTS
- NNPC and Dangote Group have renewed their strategic partnership after a high-level refinery visit
- The alliance is expected to expand into upstream, trading, shipping, and gas supply operations
- Officials say the collaboration will boost energy security, investment confidence, and economic growth in Nigeria
A renewed phase of strategic cooperation has been initiated between NNPC Limited and Dangote Group following a high-level visit by NNPC’s Group Chief Executive Officer Bashir Bayo Ojulari to the Dangote Refinery complex in Ibeju-Lekki, Lagos.
The engagement included facility inspections and executive discussions aimed at deepening operational and commercial ties between both organisations as they pursue shared objectives tied to Nigeria’s long-term energy stability and economic growth.
Ojulari praised industrialist Aliko Dangote for delivering the 650,000-barrel-per-day refinery, describing it as a transformative project capable of positioning Nigeria as a dominant downstream petroleum hub on the African continent.
He explained that the alliance would unlock synergies across infrastructure, capital, market access, and existing assets while also providing transparency across business engagements involving both entities.
Collaboration expected to expand across multiple energy segments
According to the NNPC chief, the partnership’s scope extends beyond refining into upstream exploration, trading, shipping logistics, and gas supply chains, indicating a long-term strategic alignment rather than a single-project arrangement.
He also credited the policy direction of President Bola Ahmed Tinubu for creating an investment-friendly climate through regulatory clarity and reform-driven signals that have strengthened investor confidence in Nigeria’s oil and gas sector.
According to the NNPC chief, the partnership’s scope extends beyond refining into upstream exploration, trading, shipping logistics, and gas supply chains, indicating a long-term strategic alignment rather than a single-project arrangement.
He also credited the policy direction of President Bola Ahmed Tinubu for creating an investment-friendly climate through regulatory clarity and reform-driven signals that have strengthened investor confidence in Nigeria’s oil and gas sector.
