After months of rivalry and disputes, Nigeria’s top oil refiners, NNPC Limited and Dangote Petroleum Refinery & Petrochemicals, have resolved their differences to promote cooperation and healthy competition. During a meeting in Abuja, they committed to working together to enhance Nigeria’s energy security and economic growth. Their conflict included a fierce petrol price war and the suspension of the crude-for-Naira deal brokered last year by the government, which was later reinstated after leadership changes at NNPC.
In a recent visit to NNPC Towers, Dangote Group President Aliko Dangote reaffirmed his commitment to collaboration with NNPC Limited, emphasizing that there is no competition between the two entities. During the meeting with NNPC’s Group CEO, Bashir Bayo Ojulari, and senior management, Dangote pledged to work together to ensure Nigeria’s energy security, describing their relationship as one of cooperation. He praised the new leadership at NNPC and expressed confidence in their ability to handle the challenges ahead. Ojulari assured Dangote of a partnership based on healthy competition and collaboration, highlighting the dedicated and skilled workforce at NNPC committed to delivering value for Nigeria.
NNPC’s Group CEO, Bashir Bayo Ojulari, expressed the company’s commitment to fostering national prosperity through innovation and shared goals. He emphasized that NNPC will continue collaborating with the Dangote Group, especially when it benefits Nigeria. Both leaders pledged to serve as relationship managers, maintaining productive collaboration and healthy competition to unlock future opportunities for both organizations.