The Nigerian National Petroleum Company Limited, NNPC Ltd, and Dangote Group have reaffirmed commitment to deeper strategic collaboration to boost Nigeria’s energy security and domestic refining capacity.
Group Chief Executive Officer of NNPC Ltd, Engr. Bashir Ojulari, and the President of Dangote Group, Alhaji Aliko Dangote, reached the conclusion after high-level talks at the Dangote Refinery and Petrochemical Complex in Ibeju-Lekki, Lagos State.
The visit, which featured an extensive facility tour, focused on strengthening the operational and commercial relationship between NNPC Ltd and the refinery, with both organisations reiterating their shared vision for Nigeria’s energy future.
In a statement issued by the company’s Chief Corporate Communications Officer, Andy Odeh, both parties reaffirmed their commitment to deepening cooperation to enhance energy security, drive industrial growth and deliver greater value to Nigerians.
Ojulari commended the President of Dangote Group, for his vision and resilience in delivering the 650,000-barrels-per-day refinery, a project widely seen as positioning Nigeria as a major downstream hub in Africa.
He described the alliance as one that would “unlock synergies across assets, infrastructure, capital and markets,” while also providing clearer visibility into NNPC–Dangote business engagements.
He added that significant opportunities exist for both companies to expand cooperation into upstream operations, trading, shipping and gas supply.
The NNPC chief also expressed appreciation to President Bola Ahmed Tinubu for what he described as policy clarity and investor-friendly reforms in the oil and gas sector, noting that the administration’s stance has strengthened investor confidence and created an enabling environment for large-scale partnerships.
On his part, Aliko Dangote said Nigerians stand to benefit most from the collaboration.
According to him, the partnership will deliver economies of scale and unlock value across markets.
NNPC Ltd currently holds a 7.25 per cent stake in the Dangote Refinery, an investment the company says aligns with its downstream growth strategy and support for increased domestic refining capacity.
