Africa's Richest Aliko Dangote Considers Sale of 650,000 BPD Refinery to Nigeria's NNPC Amid Monopoly Concerns

Africa's Richest Aliko Dangote Considers Sale of 650,000 BPD Refinery to Nigeria's NNPC Amid Monopoly Concerns

Billionaire Aliko Dangote is open to selling his 650,000 barrels per day oil refinery to Nigeria's NNPC, to address monopoly concerns and challenges with crude supplies. The $19 billion project aims to reduce Nigeria’s dependency on imported fuel, but faces disputes with partners and regulatory hurdles. The refinery currently works at half capacity using crude from Brazil and the U.S.

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