{"id":144592,"date":"2025-01-02T11:56:46","date_gmt":"2025-01-02T10:56:46","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/obasanjo-reveals-how-nnpc-declined-dangotes-offer-to-manage-nigerias-refineries"},"modified":"2025-01-02T13:00:08","modified_gmt":"2025-01-02T12:00:08","slug":"obasanjo-reveals-how-nnpc-declined-dangotes-offer-to-manage-nigerias-refineries","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/policy\/obasanjo-reveals-how-nnpc-declined-dangotes-offer-to-manage-nigerias-refineries","title":{"rendered":"Obasanjo reveals how NNPC declined Dangote\u2019s offer to manage Nigeria\u2019s refineries"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Nigeria. <\/strong><\/span>Former President Olusegun Obasanjo has revealed how the Nigerian National Petroleum Corporation, NNPC, declined a $750 million offer by billionaire business tycoon Aliko Dangote to manage the Port Harcourt and Kaduna refineries in 2007.<\/p>\n<p>Obasanjo made this revelation during an exclusive interview with Channels Television.<\/p>\n<p>According to the former president, the NNPC was aware that it lacked the capacity to run the national refineries but still rejected Dangote\u2019s offer.<\/p>\n<p>\u201cAliko got a team together, and they paid $750 million to take part in a PPP (Public\u2013Private Partnership) to run the refineries.<\/p>\n<p>\u201cMy successor refunded their money, and I went to him and explained what had transpired.<\/p>\n<p>\u201cThey wanted the refineries, and they could run them. I said, \u2018But you know they cannot run it,\u2019\u201d Obasanjo said.<\/p>\n<p>DAILY POST reports that Obasanjo served as Nigeria\u2019s democratically elected president from May 1999 to May 2007.<\/p>\n<p>He was also Nigeria\u2019s military Head of State from February 1976 to October 1979.<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Nigeria<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Nigeria. Former President Olusegun Obasanjo has revealed how the Nigerian National Petroleum Corporation, NNPC, declined a $750 million offer by billionaire business tycoon Aliko Dangote to manage the Port Harcourt and Kaduna refineries in 2007. Obasanjo made this revelation during an exclusive interview with Channels Television. According to the former president, the NNPC [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":144591,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,14],"tags":[1233,254,434,479],"class_list":["post-144592","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-dangote","tag-nigeria","tag-nnpc","tag-obasanjo"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Obasanjo reveals how NNPC declined Dangote\u2019s offer to manage Nigeria\u2019s refineries - Nigeria<\/title>\n<meta name=\"description\" content=\"Former President Olusegun Obasanjo has revealed how the Nigerian National Petroleum Corporation, NNPC, declined a $750 m ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/policy\/obasanjo-reveals-how-nnpc-declined-dangotes-offer-to-manage-nigerias-refineries\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Obasanjo reveals how NNPC declined Dangote\u2019s offer to manage Nigeria\u2019s refineries\" \/>\n<meta property=\"og:description\" content=\"Former President Olusegun Obasanjo has revealed how the Nigerian National Petroleum Corporation, NNPC, declined a $750 m ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/policy\/obasanjo-reveals-how-nnpc-declined-dangotes-offer-to-manage-nigerias-refineries\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-02T10:56:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-01-02T12:00:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/01\/sm_1735806550.837448.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1050\" \/>\n\t<meta property=\"og:image:height\" content=\"718\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/obasanjo-reveals-how-nnpc-declined-dangotes-offer-to-manage-nigerias-refineries#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/obasanjo-reveals-how-nnpc-declined-dangotes-offer-to-manage-nigerias-refineries\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Obasanjo reveals how NNPC declined Dangote\u2019s offer to manage Nigeria\u2019s refineries\",\"datePublished\":\"2025-01-02T10:56:46+00:00\",\"dateModified\":\"2025-01-02T12:00:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/obasanjo-reveals-how-nnpc-declined-dangotes-offer-to-manage-nigerias-refineries\"},\"wordCount\":179,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/obasanjo-reveals-how-nnpc-declined-dangotes-offer-to-manage-nigerias-refineries#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/01\/sm_1735806550.837448.jpg\",\"keywords\":[\"Dangote\",\"Nigeria\",\"NNPC\",\"Obasanjo\"],\"articleSection\":[\"all news\",\"Policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/policy\/obasanjo-reveals-how-nnpc-declined-dangotes-offer-to-manage-nigerias-refineries#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/obasanjo-reveals-how-nnpc-declined-dangotes-offer-to-manage-nigerias-refineries\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/obasanjo-reveals-how-nnpc-declined-dangotes-offer-to-manage-nigerias-refineries\",\"name\":\"Obasanjo reveals how NNPC declined Dangote\u2019s offer to manage Nigeria\u2019s refineries - 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