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The full tab out of nearly 23 billion try over twice initial projections. Dangote blames the official-possessed Nigerian National Oils Team (otherwise NNPC), and this oversaw Nigeria’s energy subsidy and you can and that both supplies rough and you will offers subtle petrol issues. Very first, the new NNPC provided to and obtain an excellent 20percent share inside the Dangote’s refinery having an upfront commission from 1 billion, however, later trimmed their share to help you regarding the 7percent and required the its cash return.
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