The financial sustainability of supply is being impacted by PMS supply costs, which are causing strain on NNPC Ltd.

NNPC Ltd. has recognised that it owes petrol suppliers a substantial amount of money, as reported in recent national newspapers. The Company is under a great deal of pressure due to this financial strain, which also threatens the long-term viability of the fuel supply.

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As the supplier of last resort, NNPC Ltd. is committed to upholding the Petroleum Industry Act (PIA) and guaranteeing the security of the nation’s energy supply. We are working together with pertinent government organisations and other interested parties to keep the country’s petroleum supply steady.

Olufemi Soneye 
Chief Corporate Communications Officer
NNPC Ltd.

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