NNPCL's Billion-Dollar Backing: Fueling Dangote Refinery's Rise!

NNPCL’s Billion-Dollar Backing: Fueling Dangote Refinery’s Rise!

The Nigerian National Petroleum Company Limited (NNPCL) has played a pivotal role in the establishment of the Dangote Refinery, Nigeria’s first private refinery, by securing a $1 billion loan backed by crude oil. This strategic move not only supported the refinery’s launch but also helped stabilize the nation’s foreign exchange market. Here are the key…

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