NNPC, Dangote Deepen Partnership to Boost Shipping, Ports, Downstream Trade
The Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPC Limited), Engr. Bashir Bayo Ojulari, has led a high-level management delegation to the Dangote Refinery and Petrochemical Complex in Ibeju-Lekki, Lagos State, as both organisations reaffirmed their commitment to strengthening collaboration across Nigeria’s maritime, downstream and energy value chain.
The visit, which included a guided tour of the refinery and its associated marine and logistics infrastructure, focused on enhancing operational and commercial ties that are expected to transform Nigeria’s shipping, port operations and fuel distribution architecture.
Engr. Ojulari lauded the President of Dangote Group, Alhaji Aliko Dangote, for delivering the 650,000 barrels-per-day refinery, describing it as a game-changer that positions Nigeria as a major downstream and bunkering hub in Africa.
He disclosed that the project has significant implications for coastal shipping, port throughput, marine logistics and regional fuel trade.
The NNPC boss, who described the partnership as strategic, said the collaboration would unlock synergies across assets, infrastructure, capital and markets, while providing visibility across all NNPC–Dangote business relations.
He also revealed that the alliance offers opportunities for expansion into trading, shipping, gas supply and upstream operations, with far-reaching implications for maritime commerce and port activities.
Engr. Ojulari also commended President Bola Ahmed Tinubu for providing policy clarity and investor-friendly reforms that have strengthened confidence among domestic and international investors, particularly in large-scale infrastructure and maritime-linked energy projects.
In his remarks, Alhaji Aliko Dangote said Nigerians would be the ultimate beneficiaries of the synergy between the Dangote Group and NNPC Limited, adding that the collaboration would achieve economies of scale and unlock value across fuel distribution and export markets.
Dangote added that the refinery’s marine facilities would enhance Nigeria’s position in regional fuel supply and bunkering services.
The visit was concluded with both parties reiterating their commitment to deepening cooperation to ensure energy security, drive industrial growth, and enhance Nigeria’s competitiveness in maritime trade.
NNPC Limited currently holds a 7.25 percent stake in the Dangote Refinery, a strategic investment aligned with its downstream growth objectives and its commitment to strengthening domestic refining and maritime-linked logistics capacity.