The Nigerian National Petroleum Company Limited has denied allegations that it exported 17.877 million barrels of crude oil without proper documentation in four years, from 2016 to 2020.
The Chief Corporate Communications Officer, NNPC Ltd, Garba Deen Muhammad, in a statement on Thursday, said the report was false as carried by an online publication.
NNPC Ltd stated that the auditor general’s report referred to in the report mentioned 32 oil marketing companies involved in the non-completion of the NXP forms (export document); 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 Ltd and consequently into the Federation Accounts for federation related barrels.
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“It should also be noted that NNPC Ltd does not appoint inspection agents as alleged, but rather, it is the sole responsibility of the Federal Ministry of Finance, Budget and National Planning,” It said.
It urged the public to refer to the auditor general’s website for access to the full audit report, and be better informed.
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