The Nigerian National Petroleum Company Limited (NNPC) is reportedly facing challenges in meeting its obligation to supply crude oil worth $1 billion to the Dangote refinery, part of its payment for the acquisition of a 20 percent equity stake in the refinery. According to a report by BusinessDay, quoting sources at the Ministry of Petroleum … Continue reading Nigeria At Risk of Losing High Portion of Its 20% Equity in Dangote Refinery