Oil

NNPC Denies N20bn Payment to Ghost Consultants, Delivers 10,637 Truck Load of PMS to States

The Nigerian National Petroleum Company Limited said, it did not pay N20bn to ghost consultants as alleged by an online medium.

“NNPC Ltd read with utmost dismay, a report by an online platform alleging: paying the sum of N20bn to ghost consultants, and theft of multi-billion naira tax due to the Ogun State Government.

“NNPC Ltd wishes to state that as a responsible corporate organisation, it does not have or deal with ghost consultants. At NNPC Ltd, the process of engaging consultants whenever the need arises is clear and verifiable and follows global best practices.

“It is therefore unfortunate that for whatever reason, the said the online platform would make such a grievous allegation, mindless of the consequences of such actions.

“The claim of a missing N20bn is absolutely false and baseless” the Chief Corporate Communications Officer, NNPC Ltd, Garba-Deen Muhammad, said in a statement issued late on Monday night.

The oil firm demanded that the online media platform should retract the said publication, stressing that the going organisation should verify its facts before going to the press.

NNPC said the second component of the said report was related to Ogun State Government claiming a back duty tax liability of about N18bn, against an NNPC subsidiary, the Petroleum Products Marketing Company Ltd.

“For clarity, PPMC had objected and challenged the claim through its tax consultant. Consequently, the Ogun State Government took the matter to court which is not unusual in business circles.

“The matter is currently before the court and NNPC Ltd will prove its case accordingly.

“In conclusion, NNPC Ltd strongly advises the said online publication to be mindful of the consequences of its actions before taking them.

It stated that for a matter that was already in court, as admitted by the online publication, it was sad that any medium could arrive at such subjudice conclusions as shown by its actions.

However, Nigeria’s daily Premium Motor Spirit (PMS) evacuation peaked to 73.7 million litres by the end of March, according to the Nigerian National Petroleum Company Ltd.

This was revealed in a report on the evacuation of PMS between 25th March to 31st March 2023.

According to NNPC Ltd, 515.99 million litres were evacuated during the period.

Massive evacuation of PMS across the states has solved the fuel queue issues which resurfaced in major cities.

NNPC Ltd evacuated 1.4 billion litres of PMS from 4th of March to 24th of March 2023.

During the supply for the last week of March, the state-owned company evacuated 2,168 trucks loaded with PMS took delivery to Lagos, 749 to Abuja and 718 to Oyo State.

Across the states and the FCT, a total of 10,637 trucks carrying PMS were evacuated during the period.

Pinnacle Lekki remains the dominant load-out depot with 73.97 million litres, NIPCO followed with the evacuation of 34.36 million litres and 11 PLC evacuated 28.74m litres.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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