NNPCL Supports Dangote Refinery, $1B Crude-Backed Loan
By Ayomide Otitoju The Nigerian National Petroleum Company Limited (NNPCL) played a critical role in addressing liquidity challenges faced by the Dangote Refinery through a $1 billion loan backed by the company’s crude oil. This strategic intervention facilitated the establishment of Nigeria’s first private refinery. This was disclosed by the Chief Corporate Communications Officer of…