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Monday, July 15, 2024

NNPC denies exporting 17.877m barrels of oil without proper documentation

The Nigerian National Petroleum Company Limited (NNPC) has debunked an allegation exported 17.877 million barrels of crude oil without proper documentation within four years (2016 to 2020).

 Chief Corporate Communications Officer, NNPC Ltd, Garba Deen Muhammad, in a statement made urged the public to disregard the said malicious publication.

The Auditor General’s report in reference did mention 32 oil marketing companies involved in the non-completion of the NXP forms; but that does not in any way mean that the proceeds from the sale of the said crude were not repatriated into the coffers of NNPC and consequently into Federation Accounts for Federation related barrels.

“It should also be noted that NNPC does not appoint Inspection Agents as alleged, but rather, it is the sole responsibility of the Federal Ministry of Finance. Therefore, the general public is advised to disregard the said malicious publication, and instead visit the relevant Auditor General’s website to see the full content of the audit report, and be guided accordingly,” he stated.

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