NNPC and Dangote Partnership to Boost Nigeria's Economy
Hon. Philip Agbes, the Deputy Spokesman of the House of Representatives, praised the partnership between the Nigerian National Petroleum Company (NNPC) and Dangote Petroleum Refinery, describing it as a strategic milestone for Nigeria's energy sector reform. NNPC holds a 7.25% equity stake in the refinery, which is expected to enhance Nigeria's position in the oil and gas industry.
Agbes noted that the refinery's capacity to process 650,000 barrels per day demonstrates Nigeria's industrial strength and aims to restore confidence in the country's energy capabilities. He highlighted the need for collaboration across upstream products to reduce inefficiencies and strengthen domestic processing capacity.
Agbes assured that the House of Representatives would continue to support policies promoting transparency and regulatory discipline in the energy sector, emphasizing that Nigeria cannot afford fragmented progress and must focus on sustainable partnerships to drive economic growth.
Plus234Feed summary based on reporting from This Day. Read the original report below.
Read full article
Continue on This Day
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
NNPC Ltd and Dangote Group Unite for Energy Security
NNPCL and Dangote Group Renew Strategic Energy Partnership
Dangote and NNPC Sign Gas Agreements to Boost Output and Support Energy Sector Growth
NNPC's 7.25% Stake in Dangote Refinery Boosts Energy Security
NNPC CEO Praises Dangote Refinery's Role in Nigeria's Energy Stability
NNPC Seeks Foreign Partners for Revival with Dangote's Support
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
