Former President Olusegun Obasanjo has revealed how the Nigerian National Petroleum Company Limited (NNPC Ltd) misled his successor, Late Umaru Musa Yar’Adua into rejecting a $750 million offer from Aliko Dangote, chairman of Dangote Group, to manage the Port Harcourt and Kaduna refineries in 2007.
Obasanjo made this known in an interview with Channels Television, on Thursday.
The former president said the NNPC Limited was aware of its limitations in managing the nation’s refineries but still informed Yar’Adua that the oil company could operate the refineries — leading to his successor rejecting Dangote’s offer.