“Old Issue”: Dangote Gives Update on Legal Dispute Against NNPC, 6 Others [Video]

• Dangote Refinery and Petrochemicals announced that it was working with the NNPC and other parties to reach an out-of-court settlement
• The company recently filed a lawsuit against the NNPCL in the Federal High Court in Abuja, seeking the cancellation of its licenses and demanding N100 billion in damages
• However, Dangote said in a statement that it was willing to work out a cordial agreement with NNPCL and other defendants

Legit.ng journalist Zainab Iwayemi has over 3-year-experience covering the Economy, Technology, and Capital Market.

Dangote Refinery and Petrochemicals said that it has reached an out-of-court settlement with the Nigerian National Petroleum Company Limited (NNPCL) and six other parties about import licenses that the Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) had given them to bring petrol into national borders.