OpenLife Nigeria reports that NNPC Ltd has acknowledged recent reports in national newspapers regarding the company’s significant debt to petrol suppliers.
The company stated this in a statement signed by Olufemi Soneye, Chief Corporate Communications Officer, NNPC Ltd and made available to OpenLife.
The statement stated that the financial strain has placed considerable pressure on the Company and poses a threat to the sustainability of fuel supply.
“In line with the Petroleum Industry Act (PIA), NNPC Ltd remains dedicated to its role as the supplier of last resort, ensuring national energy security.
“We are actively collaborating with relevant government agencies and other stakeholders to maintain a consistent supply of petroleum products nationwide,” the company said.
Nollywood Meets Hollywood The Nigerian movie industry made another significant major success at the 2nd…
Oprah Winfrey Explains OpenLife Nigeria reports Oprah Winfrey has responded to claims that she was…
Court Orders Accelerated Trial Of Four Bloggers OpenLife Nigeria reports that Justice Ayokunle Faji…
Governor Oborevwori To Consolidate Democratic Gains In Delta OpenLife Nigeria reports that Delta State Governor,…
Gains Of Strategic Management OpenLife Nigeria reports that the Nigerian National Petroleum Company Limited (NNPC…
To Steal OpenLife Nigeria reports that former Governor of Delta, Senator Dr Ifeanyi Okowa, has…
This website uses cookies.