Nigerian National Petroleum Company Limited (NNPCL) denies inflating fuel subsidy claims by N3.3 trillion.

Nigerian National Petroleum Company Limited (NNPCL) denies allegations of inflating fuel subsidy claims by N3.3 trillion, stating it operates with transparency and adheres to international best practices. NNPC claims it has never inflated subsidy claims with the Federal Government and all previous claims are verifiable. The company is not aware of any audit or probe of its subsidy claims and urges media practitioners to exercise restraint and verify information before publication.

June 10, 2024
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