NEWS: Obasanjo reveals how NNPC declined Dangote’s offer to manage Nigeria’s refineries

Obasanjo reveals how NNPC declined Dangote’s offer to manage Nigeria’s refineries

Former President Olusegun Obasanjo has revealed how the Nigerian National Petroleum Corporation, NNPC, declined a $750 million offer by billionaire business tycoon Aliko Dangote to manage the Port Harcourt and Kaduna refineries in 2007.

Obasanjo made this revelation during an exclusive interview with Channels Television.

According to the former president, the NNPC was aware that it lacked the capacity to run the national refineries but still rejected Dangote’s…

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