NNPC debunks reports of missing N20bn

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The Nigeria National Petroleum Company Limited, has debunked reports that it hired non-existent consultants, adding that the claims that N20 billion Naira was missing from its vault was false.

The NNPC was reacting to a report published by an online media, “Sahara Reporters”, where it stated that the company paid the sum of N20 billion to non-existent consultants.

The report also alleged that there was a theft of multi-billion Naira tax due, to the Ogun State government.

In a statement published on the NNPC’s Twitter handle, and signed by the Chief Corporate Communication Officer, Garba Deen Muhammed, the company stated that it does not deal with “ghost consultants.”

Muhammed said the process of engaging consultants at the NNPC LTD. was fair and verifiable, adding that it follows global best practices.

He called on the publishers of Sahara Reporters to retract the publication and verify facts before publishing.

Meanwhile, Mr Muhammed said the Ogun state back liability tax claim of N18bn against the Petroleum Pricing Marketing Company, a subsidiary of NNPC, was presently being addressed in Court.

He said the PPMC had challenged the claim through its tax consultant which consequently was taken to court by the Ogun state government.

He added the the NNPC will prove its case accordingly in the court of justice.

Read full statement:

 

 

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