By Ayomide Otitoju
The Group Chief Executive Officer of NNPC Limited, Engr. Bashir Bayo Ojulari, led a management delegation to the Dangote Refinery and Petrochemical Complex in Ibeju-Lekki, Lagos State, on Saturday for high-level discussions that reinforced a strategic collaboration between the two companies.
The visit included a comprehensive tour of the refinery and focused on strengthening operational and commercial ties, with both organisations reaffirming their shared vision for Nigeria’s energy future.
Engr. Ojulari commended Aliko Dangote, President of the Dangote Group, for his leadership in delivering the 650,000 barrels-per-day refinery, a project positioning Nigeria as a major downstream hub in Africa.
Describing the partnership, Engr. Ojulari said it would “unlock synergies across assets, infrastructure, capital, and markets” and provide clear visibility of all NNPC-Dangote business relations. He added that the collaboration opens opportunities for expansion into upstream activities, trading, shipping, and gas supplies.
He also expressed appreciation to President Bola Ahmed Tinubu for his investor-friendly policies and sector reforms, which have created an enabling environment for large-scale partnerships in Nigeria’s oil and gas sector.
Alhaji Dangote emphasized the benefits for Nigerians, stating, “Our collaboration will achieve economies of scale and unlock value across markets.”
The visit concluded with both parties pledging to deepen cooperation to ensure energy security, drive industrial growth, and deliver value to Nigerians.
NNPC Ltd currently holds a 7.25 percent stake in the Dangote Refinery, a strategic investment aligned with the company’s downstream growth objectives and commitment to expanding domestic refining capacity.
