NNPCL ADMITS DEBTS TO PETROL SUPPLIERS RESPONSIBLE FOR RESURFACED QUEUES
The Nigerian National Petroleum Company Limited has finally admitted the company’s “significant debt to petrol suppliers”, saying it poses a threat to the sustainability of fuel supply. There have been reports that a $6 billion debt the NNPCL owes petrol suppliers has worsened petrol scarcity in Nigeria, a perennial feature since the beginning of 2024 but the NNPCL had several times, blamed logistics challenges, and flooding, amongst others for the […]