Former President Olusegun Obasanjo has disclosed that the Nigerian National Petroleum Corporation (NNPC) rejected a $750 million offer from billionaire businessman Aliko Dangote. In an exclusive interview with Channels TV, former President Olusegun Obasanjo revealed that in 2007, Dangote offered a staggering $750 million to manage the Port Harcourt and Kaduna refineries. Obasanjo explained that the Nigerian National Petroleum Corporation …

The Federal Government has said that the Government of Saudi Arabia pledged to invest in revamping the country’s refineries to get them working and reforming the Central Bank of Nigeria. This was made known in a press statement by the Minister of Information and National Orientation, Mohammed Idris, obtained by newsmen on Friday. Idris said the pledges were made by …