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NNPC denies missing N20bn claims

The NNPC Ltd has dismissed a report claiming it has paid N20 billion to ghost consultants and the theft of multi-billion naira tax funds due to the Ogun State Government.

The NNPC Ltd, in a statement, said it did not have or deal with ghost consultants.

The statement reads in part: “At NNPC Ltd, the process of engaging consultants whenever the need arises is clear and verifiable, and it follows global best practices.

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“It is, therefore, unfortunate that for whatever reason the said online platform would make such a grievous allegation mindless of the consequences of such action. The claim of a missing N20bn is absolutely false and baseless.”

The company also said the report by Sahara Reporters alleged that a back duty tax liability of about N18bn by an NNPC subsidiary, the Petroleum Products Marketing Company (PPMC) Ltd, was not paid to the Ogun State Government.

NNPCL clarified that PPMC had objected and challenged the claim through its tax consultant and that consequently the Ogun State Government took the matter to court and that the mater was still in court.

 

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Update: In 2025, Nigerians have been approved to earn US Dollars as salary while living in Nigeria.


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