Details of its audited accounts released on Tuesday reflect the company’s stakes in First Bank Nigeria Limited, Nestle Plc, Cadbury Plc, Unilever Plc, Nigerian German Chemical Plc and Schlumberger.
In July, Africa’s richest person Aliko Dangote said NNPC cut its stake in Dangote Refinery to 7.2 per cent from the planned 20 per cent. The development was later confirmed by Mele Kyari, NNPC boss, who said the state-owned oil company opted for a lower stake to enable it to invest in compressed natural gas.
The firm also posted a moderate increase (30.7 per cent) in net profit to N3.3 trillion last year, even though top line expanded by almost three times.
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