NEWS: Dangote Refinery Finally Addresses $1bn Loan Support Claim From NNPC

Dangote Refinery Finally Addresses $1bn Loan Support Claim From NNPC

Dangote Refinery has responded to the NNPCL announcement that a $1 billion loan secured to help the refinery through its financial issuesThe refinery explained that the story is inaccurate because $1 billion is only roughly 5% of the total amount of money invested in the refinery’s construction According to a statement, the state oil corporation was then given a 12-month period to pay cash for the remaining shares but failed to meet up

Henzodaily.ng journalist Zainab Iwayemi has…

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