Oil & Gas

Lie! NNPC Limited Didn’t Export Oil Without Proper Documentation

NNPC Limited has reacted to an online publication, alleging that it exported 17.877 million barrels of crude oil without proper documentation in four years (2016 to 2020).

The Auditor General’s report in reference, according to a statement signed by Garba Deen Muhammad, Chief Corporate Communications Officer, NNPC Ltd, 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 Limited and consequently into the Federation Accounts for Federation related barrels.”

He added: “It should also be noted that NNPC Limited does not appoint Inspection Agents as alleged, but rather, it is the sole responsibility of the Federal Ministry of Finance (@FinMinNigeria).

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.

0 0 votes
Article Rating
towncrierng

Recent Posts

Oil & Gas Expert Wants Nigerian Universities To Scale Up Their Research And Outcomes

  A renowned Oil and Gas expert and the Agadaigho 1 of Igbide, Isoko Kingdom,…

2 weeks ago

NCS Area II Command Onne, Breaks Another History Records Of Seizures

  The Nigeria Customs Service (NCS), ,Area II Command , Onne has recorded another mile…

2 weeks ago

Abia Commissioner Eulogises Dr. Otti Over Infrastructural Development, Others

  ...Advises Elected Chairmen To Toe path The Honourable Commissioner for Local Government and Chieftaincy…

2 weeks ago

KEMI BADENOCH’S LIVING HELL by Chief Femi Fani-Kayode

  By Chief Femi Fani-Kayode “I don’t want this country to turn into the one…

2 weeks ago

INDUSTRIAL HYGIENIST ASSOCIATION SEEKS FOR RECOGNITION

  The Association of Industrial hygienists of Nigeria (AIHN) wants a legislative backing for their…

2 weeks ago

Rivers Motor Dealers Back Fubara

...Calls For Calm From Political Detractors. Afrontline business man and Chairman Rivers State Motor Dealers…

2 weeks ago