NNPC Ltd. has confirmed recent reports highlighting its substantial debt to petrol suppliers, which has intensified financial pressure on the company and raised concerns about fuel supply stability.
Despite these challenges, NNPC Ltd. reaffirms its commitment to fulfilling its role as the supplier of last resort under the Petroleum Industry Act (PIA).
The company is working closely with government agencies and stakeholders to ensure a stable and uninterrupted supply of petroleum products across the nation.
Efforts are underway to address the debt issues and maintain national energy security.