Dangote refinery denies liquidity challenges, says NNPC acquired equity with $1bn investment
Dangote Petroleum Refinery has denied experiencing liquidity challenges when the Nigerian National Petroleum Company (NNPC) Limited invested $1 billion to support the plant’s construction. On December 16, the NNPC claimed that its $1 billion crude-backed loan was instrumental in supporting the refinery during liquidity challenges. But in a statement on Wednesday, Anthony Chiejina, group chief […]