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Nigeria: NNPC Ltd faces financial strain, threatens fuel supply — Africa Links 24

Nigeria: NNPC Ltd faces financial strain, threatens fuel supply — Africa Links 24

Africa Links 24 with Africa Links 24
Published on 2024-09-02 00:02:07

The Nigerian National Petroleum Company Limited, NNPC Ltd, is experiencing financial strain, which has put considerable pressure on the company and poses a threat to the sustainability of fuel supply.

Olufemi Soneye, chief corporate communications Officer of NNPC Ltd, made this known in a statement on Sunday, acknowledging reports in national newspapers regarding the company’s significant debt to petrol suppliers.

Recall that the incessant fuel queues and scarcity have been attributed…

Read the Full article on DailyNigerian.com

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