Financial Energy Review
The Nigerian National Petroleum Company has denied that it exported 17.877 million barrels of crude oil without proper documentations
“Our attention has been drawn to an online publication, alleging that NNPC Limited exported 17.877 million barrels of crude oil without proper documentation in four years (2016 to 2020).” The company stated.
“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 said 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.”
