BusinessDangote To Cooperate With NNPLC; We're Not Competitors, Says Africa's Richest Man

Dangote To Cooperate With NNPLC; We’re Not Competitors, Says Africa’s Richest Man

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Africa’s Richest Man and President of Dangote Group, Aliko Dangote has assured the Nigerian National Petroleum Company Limited, NNPCL is not a competitor but a partner in the oild and gas business.

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Dangote, the owner of the $20 billion Dangote Refinery said he seeks more cooperation with the government -owned company in the future.

He spoke when he paid a visit to the NNPCL New Group Managing Director, GMD, Bayo Ojulari, according to statement released by the Group’s spokesperson, Olufemi Soneye on Friday.

The magazine reported that a frosty relation exist between the NNPCL and Dangote, who once alleged that the state-owned oil corporation was trying to destroy his multi-billion dollar Refinery.

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President Tinubu had recently appointed Ojulari as the GMD after sacking the frmer GMD, Mele Kyari as the Chief executive of the NNPCL.

Dangote said he’s looking forward to a strong partnership with the new NNPCL management, saying the two companies have something to mutually benefit through cooperation, saying NNPCL and Dangote Refinery are business partners.

He said, “There is no competition between us; we are not here to compete with NNPC Ltd. NNPC is part and parcel of our business, and we are also part of NNPC. This is an era of cooperation between the two organisations.”

The business mogul had earlier in the week pointed out that some oil marketers rather than NNPCL were trying to frustrate his business, saying he has confidence in the NNPCL new management to do the right thing, adding that some steps taken so far by the Ojulari team indicate that they are professionals who are prepared to do the best for the nation’s oil and gas sector.

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“The calibre of individuals at the helm, and their deliberate, reform-driven agenda, demonstrate a commitment to fostering a culture of performance and professionalism,” Dangote said.


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