![Debunking the Misconception: NNPC's Acquisition of Stake in Dangote Refinery Clarified](/uploads/2024/07/debunking-the-misconception-nnpc-s-acquisition-of-stake-in-dangote-refinery-clarified.webp)
Jul, 26 2024
Debunking the Misconception: NNPC's Acquisition of Stake in Dangote Refinery Clarified
A recent claim alleging that NNPC Ltd borrowed $1.03 billion from the IMF to acquire a stake in the Dangote Refinery has been debunked. This article provides a detailed fact-check and explanation regarding the actual funding sources involved in the acquisition.