Former Nigerian President Olusegun Obasanjo has revealed how the Nigerian National Petroleum Corporation (NNPC), now rebranded as the Nigerian National Petroleum Company Limited (NNPC Ltd), turned down a $750 million proposal by a consortium led by billionaire businessman Aliko Dangote to manage the Port Harcourt and Kaduna refineries. In an interview with Channels Television, Obasanjo explained that despite knowing it lacked the capacity to efficiently operate the refineries, the NNPC rejected
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