Atiku Abubakar Criticizes NNPCL Over Lack of Transparency Amid $6 Billion Debt Admission

Written on 02/09/2024
Legit NG

 Atiku Abubakar, the presidential candidate of the Peoples Democratic Party (PDP) in the 2019 and 2023 elections, has criticized the Nigerian National Petroleum Company Limited (NNPCL) for its alleged lack of transparency.

This comes after NNPCL admitted to a $6 billion debt to petrol suppliers, worsening the ongoing fuel scarcity that has plagued Nigeria for six weeks.

The admission made public on September 1, has further intensified the fuel crisis, drawing widespread criticism.



Olufemi Soneye, the spokesperson of the NNPCL, confirmed the debt, highlighting the severe financial strain it has imposed on the company's operations. Meanwhile, Soneye assured that NNPCL was working with government agencies to ensure a consistent supply of petroleum products nationwide. 

Reacting to the NNPCL's admission, Atiku expressed deep concern over the situation through Phrank Shaibu, his media aide. 

Source