We’re not competing with NNPCL – Dangote

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Dangote becomes first African to hit $30 billion net worth
Aliko Dangote

The President and Chief Executive Officer of Dangote Group, Aliko Dangote, says there is no rivalry between his organisation and the Nigerian National Petroleum Company Limited, NNPCL.

This was as he reaffirmed a shared commitment to collaboration in Nigeria’s energy sector.

Dangote stated this during a courtesy visit to the Group Chief Executive Officer of the NNPC Ltd, Bashir Ojulari, at the NNPC Towers in Abuja, where both parties pledged to deepen strategic cooperation aimed at strengthening energy security and driving national prosperity.

“There is no competition between us. We are not here to compete with the NNPC Ltd. The NNPC is part and parcel of our business, and we are also part of the NNPC.

“This is an era of co-operation between the two organisations,” Dangote said.

Africa’s richest man congratulated Ojulari and his newly appointed senior management team, describing their roles as pivotal in navigating the energy sector’s future.

“You have a monumental task ahead. But I am confident that with the capable hands at your disposal, the challenge is surmountable,” Dangote noted.

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Responding, Ojulari assured the Dangote delegation of the NNPC’s readiness to maintain a mutually beneficial relationship, underscored by transparency, innovation, and healthy competition.

The two firms agreed to deepen collaboration aimed at ensuring Nigeria’s energy security and advancing shared prosperity for Nigerians.

While congratulating the GCEO and the Senior Management Team on their appointments, Dangote acknowledged the enormity of the responsibility ahead, noting that the GCEO should be shouldering a monumental task, which he expressed confidence that, with the capable hands at his disposal in NNPC, the task is surmountable.

In his remarks, the GCEO, Ojulari, assured Dangote of a mutually beneficial partnership anchored on healthy competition and productive collaboration.

“We are committed to a partnership that prioritises Nigeria’s economic interests. At the NNPC Ltd, I have met a workforce that is dedicated, highly skilled, and passionate about delivering value to Nigerians,” Ojulari said.

According to him, the collaboration with the Dangote Petroleum Refinery and Petrochemicals would be pursued, particularly where it offers a clear commercial advantage for the country.

Ojulari highlighted the exceptional caliber of talent he met in the company, describing the workforce as dedicated, highly skilled, and hardworking professionals who are consistently keen on delivering value for Nigeria.

Expressing the company’s readiness to build a legacy of national prosperity through innovation and shared purpose, Ojulari said NNPC will sustain its collaboration with the Dangote Group, especially where there is a commercial advantage for Nigeria.

“Both executives also committed to being the relationship managers for their respective organisations through sustained productive collaboration and healthy competition, thereby envisioning limitless opportunities for both organisations,” the statement concluded.

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