NNPC Limited and the Dangote Group have renewed a strategic alliance aimed at supporting Nigeria’s energy security and economic objectives, according to official statements from both organisations.
The development emerged during a high-level visit to the Dangote Refinery and Petrochemical Complex in Ibeju-Lekki, Lagos State on Saturday, February 21, 2026.
The Group Chief Executive Officer of NNPC Ltd, Engr. Bashir Bayo Ojulari, led a delegation of senior management to the Dangote Refinery for discussions that focused on strengthening the operational and commercial relationship between the two companies.
The visit included a tour of the refinery’s facilities.
Engr. Ojulari commended Alhaji Aliko Dangote, President of the Dangote Group, for his role in developing the refinery.
He described the facility as a major asset in Nigeria’s downstream oil sector and said the strategic alliance would seek to “unlock synergies across assets, infrastructure, capital, and markets” for both organisations.
According to the NNPC Ltd press release, both parties reaffirmed their shared vision for a stronger energy sector. Discussions covered plans to expand collaboration beyond refining into upstream operations, trading, shipping and gas supply, among other areas.
NNPC Ltd currently holds an equity stake of 7.25 per cent in the Dangote Refinery, a position the companies say aligns with domestic refining objectives and Nigeria’s efforts to reduce dependence on imported petroleum products.
Engr. Ojulari expressed appreciation for the leadership of President Bola Ahmed Tinubu in implementing policies aimed at creating an enabling environment for private-sector investment in the oil and gas sector.
He said the policy clarity and reforms have encouraged both domestic and foreign participation.
In comments included in the release, Aliko Dangote said Nigerians would benefit from the alliance, as cooperation between NNPC Ltd and Dangote Group was expected to help achieve economies of scale and unlock value in the energy market.
