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Nigeria: ‘Layers of deceit’, Atiku slams NNPCL over $6bn debt admission — Africa Links 24

Nigeria: ‘Layers of deceit’, Atiku slams NNPCL over bn debt admission — Africa Links 24

Africa Links 24 with Ibrahim Ramalan
Published on 2024-09-02 10:29:48

Former Vice President Atiku Abubakar has criticised the Nigerian National Petroleum Company Limited, NNPCL, for its lack of transparency following the company’s admission of a $6 billion debt to petrol suppliers.

This admission, made public on Sunday, has intensified the fuel scarcity that has plagued the nation for six weeks.

The Chief Communications Officer of NNPCL, Olufemi Soneye, had confirmed the debt, highlighting the severe financial strain it has imposed on the company’s…

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