NNPC's $1bn Dangote bet is now worth $2.84bn

    Oladehinde Oladipo | Top Stories | Jun 19, 2026    
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The Nigerian National Petroleum Company Limited (NNPC) spent the better part of three decades and tens of billions of dollars on three refineries it built, owns outright and runs by itself. Port Harcourt, Warri and Kaduna remain, after repeated rounds of "rehabilitation," largely moribund.

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