The Nigerian National Petroleum Company Limited, NNPCL, has said that all crude oil transactions between 2016 to 2020 were sufficiently accounted for and proceed duly paid into Federation Account.
In a statement Garba Deen Muhammad, Chief Corporate Communications Officer,
NNPC Ltd, denied an online publication, alleging that the company exported 17.877 million barrels of crude oil without proper documentation in four years (2016 to 2020).
According to Muhammad, the Auditor General’s report in reference did mention 32 oil marketing companies involved in the non-completion of the NXP forms; but he however noted that does not in any way mean that the proceeds from the sale of the said crude were not repatriated into the coffers of NNPC and consequently into Federation Accounts for Federation related barrels.
He also emphasised that the NNPC does not appoint Inspection Agents as alleged, but rather, it is the sole responsibility of the Federal Ministry of Finance.
He therefore urged the general public to disregard the said malicious publication, and instead visit the relevant Auditor General’s website to see the full content of the audit report, and be guided accordingly.