Aliko Dangote says the Nigerian National Petroleum Company Limited now owns a 7.2% stake in the Dangote Petroleum Refinery, and not a 20% stake as initially announced before the facility's inauguration at the Lekki Free Trade Zone. Dangote says NNPC’s stake dropped to 7.2% over the company’s failure to pay the balance of their share, which was due in June. The NNPC had acquired a 20 per cent interest in the $20bn Dangote refinery for $2.76 billion. The NNPC confirmed the development in a statement saying NNPC Limited periodically assesses its investment portfolio to ensure alignment with the company’s strategic goals.