By Divine Ihechimerem
NNPC Ltd has confirmed recent reports indicating significant financial pressure stemming from substantial debts owed to petrol suppliers. This strain is impacting the company’s ability to ensure a stable fuel supply, raising concerns about national energy security.
In response, NNPC Ltd, adhering to the Petroleum Industry Act (PIA), has reaffirmed its commitment to serving as the supplier of last resort. The company is actively working with government agencies and stakeholders to stabilize the supply of petroleum products across the country.
Olufemi Soneye, Chief Corporate Communications Officer at NNPC Ltd, emphasized the company’s dedication to resolving the issue and maintaining fuel availability amid these challenges.