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$1bn loan: Your statement misleading, Dangote replies NNPCL

Published by Daily Trust on Thu, 19 Dec 2024


The Dangote Petroleum Refinery on Wednesday clarified its partnership with the Nigerian National Petroleum Company Limited (NNPCL), explaining that it agreed on the sale of a 20% stake at a value of $2.76 billion. Of the $2.76bn, it agreed that NNPCL will only pay $1 billion while the balance will be recovered over a period []
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