Categories: CompaniesEnergyNews

Dangote: We’re not competing with NNPC

The President of Dangote Group, Aliko Dangote, says the Dangote Petroleum Refinery and Petrochemicals is not in a competition with the Nigerian National Petroleum Company Limited (NNPC Limited) .

Dangote said this during a courtesy visit to the Group CEO of NNPC Limited, Bashir Bayo Ojulari, and members of the company’s senior management team at the NNPC Towers in Abuja on Thursday, May 8, 2025.

Dangote pledged to collaborate with the new NNPC Limited management to ensure energy security for Nigeria.

“There is no competition between us, we are not here to compete with NNPC Limited.

“NNPC is part and parcel of our business, and we are also part of NNPC. This is an era of co-operation between the two organisations,” Dangote was quoted as saying in a statement issued by the NNPC Limited spokesman, Olufemi Soneye, on Friday, May 9.

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While congratulating Ojulari and the senior management team on their “well-deserved appointments,” Dangote acknowledged the enormity of the responsibility ahead.

The billionaire businessman stated that the GCEO is shouldering a monumental task, which he expressed confidence that, with the capable hands at his disposal in NNPC, the task is surmountable.

In his remarks, Ojulari assured Dangote of a mutually beneficial partnership anchored on healthy competition and productive collaboration.

Ojulari highlighted the exceptional caliber of talent he met in NNPC Limited, describing the workforce as dedicated, highly skilled, and hardworking professionals who are consistently keen on delivering value for Nigeria.

Expressing the company’s readiness to build a legacy of national prosperity through innovation and shared purpose, Ojulari said NNPC will sustain its collaboration with the Dangote Group, especially where there is commercial advantage for Nigeria.

The Star

Segun Ojo

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