The Dangote Petroleum Refinery & Petrochemicals (DPRP) has stated that it doesn’t compete with Nigerian Nationwide Petroleum Firm Restricted (NNPC Ltd), as the 2 corporations play complementary roles in Nigeria’s power and refining surroundings.
This was acknowledged throughout a courtesy go to by the President/Chief Govt Officer of Dangote Group, Mr. Aliko Dangote, to the Group Chief Govt Officer (GCEO) of NNPC Ltd., Mr. Bashir Bayo Ojulari, on the NNPC Towers in Abuja on Thursday.
The assembly included members of NNPC Ltd.’s Senior Administration Group and Dangote’s government delegation.
Talking through the assembly, Dangote emphasised the significance of collaboration between the 2 organizations, noting that they don’t seem to be rivals however companions in driving Nigeria’s power transformation agenda.
“There isn’t a competitors between us. We aren’t right here to compete with NNPC Ltd. NNPC is a component and parcel of our enterprise, and we’re additionally a part of NNPC. That is an period of cooperation between the 2 organizations,” Dangote was quoted to have stated in an announcement signed by NNPCL’s Chief Company Communications Officer, Mr. Olufemi O. Soneye, on Friday.
He congratulated Ojulari and his group on their latest appointments, acknowledging the numerous tasks earlier than them.
Dangote expressed confidence within the management’s capacity to ship, citing the energy of the NNPC Ltd. group as a precious asset in fulfilling its nationwide mandate.
NNPC Ltd commends Dangote
In response, the GCEO of NNPC Ltd., Mr. Ojulari, expressed appreciation for the go to and reiterated NNPC Ltd.’s dedication to a value-driven partnership with Dangote Group.
- He praised the standard of personnel inside NNPC Ltd., describing them as devoted, extremely expert, and result-oriented professionals who’re pushed by a typical function to ship worth to the nation.
- Ojulari affirmed that NNPC Ltd. would proceed its engagement with Dangote Group in areas the place business alternatives and nationwide curiosity align. He emphasised that the collaboration between each entities will probably be guided by innovation, strategic funding, and long-term worth creation.
- Each Dangote and Ojulari dedicated to personally managing the connection between their respective organizations.
They pressured their shared imaginative and prescient of leveraging collaboration to unlock new alternatives, strengthen power infrastructure, and guarantee sustainable financial growth for Nigeria.
Why it issues
The collaboration between NNPC Ltd. and Dangote Group is important at a time when Nigeria is striving to optimize its refining capability, scale back dependence on gas imports, and promote self-sufficiency in power manufacturing.
With Dangote Refinery’s manufacturing capability of 650,000 barrels per day and NNPC’s strategic nationwide position, a well-coordinated partnership between the 2 giants might reshape Nigeria’s downstream panorama.
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