Economy

NNPCL DENIES OWING FOREIGN OIL TRADERS

todayAugust 19, 2024

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The Nigerian National Petroleum Company Limited (NNPCL) has debunked a report claiming that it owes international oil traders $6.8 billion.

The Chief Corporate Communications Officer of NNPCL, OLUFEMI SONEYE, in a statement, also denied claims that the NNPCL has not remitted funds into the federation account since January, insisting  that the NNPC Ltd. and all its subsidiaries always remit their taxes to the Federal Inland Revenue Service (FIRS).

 On the issue of quality/quantity of imported petroleum products, SONEYE said the NNPCL has no role whatsoever,  as it is the duty of  the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), which is the relevant agency in charge of such issues, , adding that the body does not report to the NNPCL

Written by: Ella Adike

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PRESIDENT TINUBU TO LEAVE FOR FRANCE TODAY

President BOLA TINUBU will today, travel to France. The Special Adviser to the President on Media and Publicity, AJURI NGELALE, who disclosed this in a statement, revealed that the president would return to the country after his stay in the European nation but however, did not state the reason for the visit.  This is coming two days after the Nigerian leader returned to Abuja from the Equatorial Guinea, a three-day official visit to […]

todayAugust 19, 2024

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