NNPC Ltd. has publicly recognized the troubling reports circulating in national newspapers about the substantial debt the company owes to petroleum suppliers. This financial burden has exerted significant pressure on NNPC Ltd. and raises concerns about the long-term sustainability of fuel supply across the country.
In accordance with the Petroleum Industry Act (PIA), NNPC Ltd. is committed to fulfilling its role as the supplier of last resort, crucial for ensuring national energy security. The company is diligently working with relevant government agencies and other key stakeholders to safeguard a reliable and uninterrupted supply of petroleum products throughout the nation.
